The full story
With corporate locations across the world, Hanyang Eng USA provides products and engineering services to a variety of industries, including semiconductors, power generation and mechanical engineering, according to the city.
Hanyang Eng USA has been operating for 41 years and has 1,100 employees worldwide, Director of Economic Development Ben White said. The company will begin operating out of its new Cedar Park facility—located at 1635 Scottsdale Drive, Bldg. 6—and offer 50 full-time positions by 2025.
White said the company plans to soon expand into aerospace and environmental, green energy, and it will create a 2,500- to 3,000-square-foot clean room—a space free from contaminants that’s used to manufacture electronic elements.
“I’m excited to have [Hanyang Eng USA] and everybody moving to Cedar Park,” council member Heather Jefts said. “It’s wonderful.”
Next steps
The city will provide a total incentive of $450,000 if the company meets the terms outlined in the performance based economic development agreement, which was approved by council Oct. 26.
