Creative 3D Technologies, a manufacturer in the medical, aerospace, defense and industrial sectors, is bringing its headquarters to Cedar Park as part of an economic development agreement with the city.
The overview
The Cedar Park City Council approved an economic development agreement with the technology manufacturer Dec. 18, promising up to $400,000 in incentive payments and rebate of all or some of the sales tax generated by a facility located in the city limits through 2030.
In exchange, Creative 3D Technologies will:
- Lease an 18,000 square foot facility at 1200 BMC Drive, Cedar Park, no later than Dec. 31, 2026
- Make no less than $810,000 in capital investment into the facility over a period of three years
- Create a minimum of 45 high-skill jobs at the Cedar Park facility
