Austin downtown skyline over Town Lake

Merck & Co., the pharmaceutical company, is locating its newest IT Hub in Austin.

Posted By Greater Austin Chamber | Jul 24, 2017
Economic Development Announcements Print Article Austin downtown skyline over Town Lake

The company is at the forefront of health care research and medical invention, and the new IT Hub will help build upon synergy with local partners like Dell Medical School at UT Austin and other regional entities to further deliver innovative health solutions. The project will involve an investment of more than $20 million and the creation of at least 600 jobs. A Texas Enterprise Fund (TEF) grant offer of $6 million has been extended to Merck.  That grant comes on top of a city tax incentives package approved by the Austin City Council in April.

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Greater Austin Chamber

The Greater Austin Chamber of Commerce focuses on how the Austin Region works. We serve as the voice of business for 2,800 organizations representing a combined workforce of about 330,000 employees throughout Central Texas. Our mission is to provide leadership that facilitates the creation of a prosperous regional economy and effective advocacy for members.