Local manufacturer of frozen foods Michael Angelo’s Gourmet Foods plans to upgrade its facilities and hire additional staff thanks to a $290,000 economic incentive boost.
Round Rock City Council on Dec. 5 approved an economic agreement with Sovos, the owner of Michael Angelo’s Gourmet Foods.
Sovos will invest $11 million over three years to rehabilitate the facility, which has been located at 200 Michael Angelo Way for 25 years, and buy new equipment to prepare, process and package its line of Italian frozen foods, according to the Dec. 5 presentation.
In addition, the company will create a minimum of 18 new skilled employee positions by Dec. 31, 2021, per the agreement. In return, Sovos will receive $290,000 in economic incentive payments, paid in installments through 2022.