Williamson County commissioners approved a tax abatement agreement April 14 with Taiwan-based electronics company Compal USA Technology for its server service center in Georgetown.
What it means
The agreement between Compal and the county includes a 30% reduction in property taxes for 10 years in return for Compal’s $35 million capital investment in its facility and the creation of at least 100 full-time jobs.
The company will manufacture technological products, with a particular focus on artificial intelligence servers, at the Georgetown facility, People Operations Director Rick Ortiz said at the meeting.
