Compal to Invest $235M in Taylor, Georgetown Plants

Compal USA Technology plans to have 900 jobs at a manufacturing site at 1069 FM 3349 in Taylor, and another 100 jobs at a service center at 1800 Aviation Drive in Georgetown. The leases represent more than 575,000 square feet of physical space, and the investment could exceed $235 million.

Compal has built computers, tablets and smartphones for companies like Apple, Alphabet, Dell Technologies and Toshiba Corp.

Compal says the company would lease the Taylor facility and spend $65.7 million to create a manufacturing site. The company plans to invest at least $200 million in improvements, machinery and equipment and create 900 positions at the site. It will spend $28.4 million on the Georgetown site.

The two towns will soon vote on an incentive package that would amount to $6.2 million. The performance-based incentives would provide the company a 50% abatement of the taxable value of the improvements over 10 years, a 50% abatement of the tangible personal property for a period of 10 years, and a rebate on construction on the city and EDCs taxes on construction.