Austin-based BryComm will build a new headquarters and expand its business in Hutto.
Hutto City Manager Odis Jones said the technology and security infrastructure provider will build a 30,000-square-foot building at Innovation Business Park. Jones said the headquarters and warehouse space will be a $4 million investment for the company that will bring $1 million in net revenue to the city. In a deal reached Thursday night and approved by the Hutto City Council, there will be a 45 percent ad valorem tax abatement for 10 years on the property and business.
The company plans a short turnaround once the 6.53 acres of land is purchased in the park. The goal is to break ground in February and open in September.
BryComm is expected to open its new facility with 125 employees and then be at 200 within five years.The company's satellite office and warehouse in San Antonio won't be affected by the move of the company's headquarters.
"Having tripled in size, we needed a location that could accommodate our existing personnel and operations needs while leaving room for future growth," BryComm President and CEO Cory Brymer said in a press release announcing the agreement. "We scouted locations in Round Rock, Pflugerville, Austin and Cedar Park. Hutto provided the type of facility we needed with the opportunity costs and cooperation from the city that would ensure a mutually beneficial relationship."
Charisse Bodisch, senior vice president of economic development at the Austin Chamber of Commerce, said the retention and expansion of BryComm is good for the Austin metro.
"Brycomm's decision to retain its operations in the greater Austin region and build on its success and expand into Hutto speaks volumes about our region's workforce, business climate, and attractiveness to job creators," Bodisch said.
More information about BryComm is available at www.brycomm.com.