Posted on March 5, 2013 at 8:18 AM
Tuesday, Mar 5 at 12:36 PM
AUSTIN -- A multi-million dollar incentive deal that would bring 1,000 jobs to Austin could move forward on Tuesday.
National Instruments is seeking county and city packages for an expansion project. The project has already secured $4.4 million through the Texas Enterprise Fund, but that money won't go through unless the company can also secure local deals.
National Instruments was recently named one of the top 100 companies to work. NI currently employees about 2,700 people in Central Texas. Under the deal going before Travis County commissioners, another 100 employees would be hired each year from now through 2022. The average salary would be $63,000.
The expansion is expected to bring a big boost to the economy. It includes a new 300,000 square foot facility on the company's Northwest Austin campus.
The commissioners are expected to give final approval soon. The Planning and Budget Office have already recommended approval.