Austin-based national security company plans to move headquarters to Leander

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A national security company currently based in Austin is looking to make Leander its new headquarters.

During a meeting Thursday, Leander City Council approved an economic development agreement with American Eagle Protective Services, or AEPS. The company is currently located along US 183 close to I-35 in Austin, according to its website.

The agreement requires the company to have 16 employees making an average salary of $100,000 in its first year of operations. As part of the economic incentive goals, AEPS must purchase two buildings along Crystal Falls Parkway, invest $200,000 worth of improvements into the buildings and build a third building with a value of $500,000 within its first three years of operations.

Leander will reimburse the company’s city property taxes annually for the first five years as long as the company meets the economic incentive goals.

AEPS is expected to launch operations in Leander by the end of the year, according to the city.

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Caitlin covers Cedar Park and Leander city councils and reports on education, transportation, government and business news. She is an alumnus of The University of Texas at Austin. Most recently, Caitlin produced a large-scale investigative project with The Dallas Morning News and led education coverage in the Brazos Valley at The Bryan-College Station Eagle. After interning with Community Impact Newspaper for two summers, she joined the staff as a reporter in 2015.
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