AUSTIN, Texas — An international knife manufacturer is coming to Leander. Cangshan Cutlery is planning to relocate its headquarters from California to Central Texas in 2023.
The City of Leander and Williamson County officials finalized an agreement for a 400,000-square-foot production and administrative facility. Founder and Chief Executive Officer Henry Liu said he expects Cangshan to produce over $150 million in annual revenue.
The new facility should bring up to 300 jobs to the Leander area.
“As a first-generation immigrant, I am inspired by the possibilities of the promise of America,” Liu said in a statement. “I see it in the spirit and creativity of my employees and I see it in the town of Leander, Texas. I am truly excited about bringing the vision of creating a premium American-made cutlery line to life.”
Cangshan Cutlery manufactures “high-end cutlery inspired by innovative design and exemplary materials.” The company has over 800 employees across the globe.
Its new facility will house production capabilities and sales, marketing and administrative operations.
“We’re so excited to welcome Cangshan Cutler to our community,” Leander Mayor Christine Sederquist said. “Just like us, Cangshan is experiencing considerable growth, and I think Leander is the perfect place for these types of expanding businesses to thrive.”
The City of Leander and Williamson County are planning economic incentives contingent on the development’s completion, according to the city's website. The City is proposing up to $5.5 million of rebates in local ad valorem and sales tax dollars.
The rebates also depend on if Cangshan invests $40 million into property improvements and equipment and adds permanent full-time jobs as it expands.
Leander and Williamson County are also planning to deal out $1.6 million in reimbursements for roadway improvements associated with the development when completed.
“The relocation of Cangshan’s modern manufacturing headquarters could be one of the largest primary jobs additions for our city to date,” Leander City Manager Rick Beverlin said. “This builds on the momentum of other recent job multipliers like Texas Bullion Depository and Northline Development, which are essential to establishing a healthy and diverse tax base in Leander.”
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