EcoMicron, a company specializing in semiconductor equipment procurement, refurbishing and reconfiguration, will be bringing its headquarters to Cedar Park following council’s unanimous approval of an economic development agreement on April 25.

Founded in 2008, the company also offers business development and technical solutions for manufacturers in the semiconductor, photovoltaic and hybrid industries, according to city documents.

The conditions

The agreement to bring the company’s headquarters to Cedar Park will create 48 full-time jobs with an average salary of $110,000, Assistant Director of Economic Development Scott Smith said. He said quite a few of the jobs will be in engineering and research development.

If EcoMicron meets the relocation and job creation terms outlined in the agreement, Cedar Park will provide a total incentive of $750,000.

What to expect

The company will be relocating its headquarters from San Jose and is expected to occupy a facility located at 1706 E. New Hope Drive, Cedar Park, by Dec. 31. The new facility spans about 25,000 square feet and is located within the La Jaita Business Park.

EcoMicron’s Cedar Park facility will have an $11.5 million capital investment, which includes the purchase and cost of the building as well as $6 million worth of equipment, Smith said. Further, the company will generate about $3 million per year in sales tax for Cedar Park.