International manufacturer Benchmark Electronics announced June 3 that it will open a new manufacturing and assembly facility in Round Rock this summer.
The new facility will be located in the Corridor Park business development, located off the southbound I-35 frontage road south of the intersection of I-35 and SH 45 N.
The new branch is expected to bring between 75 and 80 jobs to the area, said Ben White, vice president of economic development at the Round Rock Chamber of Commerce/Economic Development Partnership.
"We're very excited to land another international company in Round Rock," White said.
Negotiations between Benchmark and the chamber have been ongoing for several months, White said. The new facility does not have an exact opening date planned.
Benchmark Electronics makes a variety of electronic components for the industrial controls, medical and telecommunications markets among others.
The chamber's Economic Development Partnership incentivized the company to move to Round Rock by fast-tracking city inspection and permitting procedures, White said. The chamber also worked with the Texas Workforce Commission to assist in getting Benchmark's new local workers trained through Austin Community College.
"Benchmark Electronics will be a valuable asset to the business community," said Round Rock Mayor Alan McGraw in a statement. "We are excited to have them as one of several global companies that have chosen to locate in Round Rock."
Benchmark has locations in North America, Asia and Europe. The company posted $639 million in net sales in its most recent fiscal quarter, which ended March 31.
Benchmark is headquartered in Angleton, Texas, and has 11,000 employees worldwide.