General Motors plans to further expand its operations in Austin, Texas with the purchase of a 302,604 square-foot facility down the street from its Austin IT Innovation Center in North Austin, according to KXAN.
The automaker acquired the building to complement its existing centre, which opened in 2012, but has yet to announce specifics about how many new jobs the expansion can or is capable of creating. That number is bound to be less than the 500 already employed at the Innovation Center. Incidentally, GM employs more than 4,000 people across its four innovations centers around the country.
The new facility itself is located within Sector 6 of a spot previously occupied by Dell Inc. It is the first section of a new 400-acre master-planned technology and business park currently in development.
Opened late in 2012, the Innovation Center in Austin is among four GM locations where the company supports and develops technology and tools for its business and for its vehicles. The other three locations include Roswell, Georgia; Warren, Michigan; and Chandler, Arizona.
You may feel as if those locations are pretty random. But there’s a lot more to it than you might think.
Comments
Positive move. Good sign for the future.
A company that invest in development ahead of time usually has a major advantage as time goes on.