Manufacturing company Cumberland Additive Inc. is relocating to a larger facility this year to accommodate growth and requirements from an economic development deal approved by the city.
Pflugerville City Council on Jan. 11 approved an economic development performance agreement between the Pflugerville Community Development Corporation and Cumberland.
Mandates of the deal will see Cumberland—which manufactures parts for companies in the aerospace, defense, space and energy markets—invest $9.6 million and provide a total of 46 full-time jobs over five years, according to a news release from PCDC.
In return, the release states the PCDC will offer $300,000 in grants—$100,000 in the first year, $75,000 for years two and three, and $25,000 for years four and five. To receive the grant, Cumberland must relocate 19 jobs and create nine new jobs in the first year, create nine new jobs in years two and three, and create 12 new full-time jobs in years four and five.














