Visa Inc. to open Austin fa­cil­ity

Global in­for­ma­tion tech­nol­ogy cen­ter to add nearly 800 jobs.

Austin American-Statesman - - FRONT PAGE - By Kirk Laden­dorf kladen­dorf@states­

Visa Inc. con­firmed Tues­day that it will build a global in­for­ma­tion tech­nol­ogy cen­ter in Austin.

The com­pany told the Greater Austin Cham­ber of Com­merce that it will move for­ward with the project pro­posed for 12301 Re­search Blvd., the former head­quar­ters of Emer­son Process Man­age­ment, which re­lo­cated to Round Rock.

“This is an­other great cor­po­rate cit­i­zen and world-renowned com­pany that has se­lected Austin,” said Dave Porter, the cham­ber’s se­nior vice pres­i­dent for eco­nomic devel­op­ment. “It is a great way to end a really good year for Austin.”

The de­ci­sion to build the new cen­ter came just a few days af­ter the Austin City Coun­cil voted 7-0 to give the com­pany a $1.6 mil­lion in­cen­tives package over 10 years. The city in­cen­tive matches a state of­fer of $7.9 mil­lion in in­cen­tives for the project from the Texas En­ter­prise Fund.

Newspapers in English

Newspapers from USA

© PressReader. All rights reserved.