Williamson County leaders on Tuesday unanimously approved a taxpayer-funded incentive package for Apple that could be worth up to $16 million, solidifying the tech giant’s plan to invest $1 billion in a new campus in North Austin and add up to 5,000 jobs.
In just 30 minutes, Williamson County commissioners voted 5-0 to approve the deal, which the county estimates could amount to about $16 million in reimbursements to Apple over the span of its 15-year term. Apple is also in line to get up to $25 million in incentives payments from the state-run Texas Enterprise Fund.
Tony Ross, senior director of Americas operations at Apple, addressed commissioners Tuesday, calling Texas an “absolutely essential” part of the company. Apple has had a presence in Austin since 1992. Including contractors, the company currently has about 7,000 employees in the Austin metro area.
“It felt totally natural that we’d continue to grow here in the Lone Star State,” Ross said. “We are so excited that Williamson County will soon become an important part of our story.”
The vote comes after Williamson County officials spent much of the year trying to land a major corporate campus that would bring thousands of jobs to the area, although few knew that the campus would be for Apple. Read more