Rosendin Electric Relocates, Expands in Texas
- Mar 26, 2019
North Texas is one of the regions that benefit from the Bay Area exodus. Among the more recent companies to relocate its offices here is Rosendin Electric, an electrical contract company founded in 1919. The Pflugerville Community Development Corp. Board of Directors approved a seven-year deal with the California-headquartered company to relocate its regional facilities to a 50,000-square-foot facility in Pflugerville, Texas, a city located less than 20 miles north of Austin.
The relocation involves a $3 million capital investment and will bring 84 primary jobs with a minimum average wage of $75,000. As part of the seven-year Economic Development Performance Agreement, the PCDC will offer a $2,000 grant for each new primary job, up to $20,000 for three years provided they relocate or hire 54 employees in year one and create 10 new primary jobs in years two through four. To be eligible for the total $60,000 incentive, Rosendin must retain the new primary jobs created each year, in addition to the 54 newly hired or relocated jobs during the agreement.
“Pflugerville was a natural fit for Rosendin—not only is it a great location in proximity to Austin with ease of access to major highways and two airports, but it also supports our goal of attracting the best and brightest,” Director of Texas Operations John Colley said, in prepared remarks.
Image courtesy of PCDC