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Medical Products Company Building $25M Cedar Park Facility
Enovis Corp. was approved by the Cedar Park City Council for up to $650,000 in performance-based incentives – and potentially an additional $505,000 in grants – to establish a 100,000-square-foot facility at 2105 Scottsdale Drive. The investment, which could go as high as $25 million, includes creating at least 162 jobs.
Enovis offers products, services and technologies, primarily for the orthopedics industry. The company has facilities in Dallas, Houston and Austin as well. Enovis plans to expand its surgical division at the Cedar Park site.
Enovis is eligible for an employee relocation bonus of $10,000 for every residence or residential lot purchased in Cedar Park by an Enovis employee, up to a maximum of $500,000, and a $5,000 membership to the Cedar Park Chamber of Commerce.
The project would add another injection of jobs and commercial space for Cedar Park, which has a population of about 78,000.
- ◦Development