“We are thrilled to welcome Ametrine, Inc. to the community,” Mayor Craig Morgan said. “Round Rock continues to be attractive for relocating businesses due to our pro-business attitude and family-friendly environment. We are also a strategic location for defense industry companies and hope to continue to grow the presence of this industry cluster.”
A 40,000-square-foot facility at Settlers Crossing on 900 E. Old Settlers Blvd., Ste. 100, Round Rock, will become Ametrine’s new home. According to the news release, the company plans to bring 140 new jobs ranging from production, engineering, management and administration with an average wage of around $75,000.
Additionally, Ametrine plans to invest an estimated $8.6 million in business personal property and real property improvements. Business personal property is defined in the incentive agreement as equipment that costs a minimum of $5,000 to be used for manufacturing operations at the new facility. Real property improvements are the design, reconstruction, repair and remodeling changes that will be made to the facility.
The company was founded in 2011 as a producer of patented nano-technology materials. Ametrine has been awarded for its research and development projects by the U.S. Department of Defense.
“We started the search for our new U.S. headquarters almost a year ago. We compared 13 cities in five states using 12 evaluation criteria and came to the conclusion that Round Rock would be the best fit for the future of our business,” Ametrine CEO Brandon Cates said. “Round Rock has been very forward-thinking when it comes to supporting the defense industry, and we anticipate future collaboration with the city, the chamber and the other innovative companies that Round Rock attracts.”
The Round Rock facility is planned to be operational this year. Under the incentive agreement Ametrine must sign a lease at the facility for at least 10 years.