Saturday, December 27, 2008

Tax breaks convince HEB to expand in San Marcos

From Austin Business Journal, December 18, 2008...

HEB Grocery Co. plans to acquire 47 acres in San Marcos adjacent to its current 75-acre distribution warehouse tract at 2301 Hunter Road, and will expand the warehouse, adding approximately 320 new jobs over a 20-year period.

An official with HEB confirms that the company has put the property under contract.

The San Marcos City Council approved economic development incentives of $1.35 million over that 20-year period to support the expansion.

Read more...

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