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Labatt Food Services, a U.S. food service distributor, will build a new warehouse and facilities in Jarrell, near I-35 and Ronald Reagan Boulevard.
Williamson County commissioners approved a tax abatement agreement at an Oct. 21 meeting for the development in return for its $42 million investment in the county.
Diving in deeper: Labatt Food Services plans to build a 150,000-square-foot warehouse and ancillary facilities on a 48-acre tract in Jarrell, according to county documents. The estimated cost of the project, including the buildings, property improvements, machinery and other equipment, amounts to $42 million.
The specific terms of the tax abatement agreement with Labatt Food Services include a 30% property tax reduction for 10 years, contingent on the company hiring 150 permanent employees.
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