Lauren Concrete Relocates Corporate Headquarters to Pflugerville
PFLUGERVILLE, Texas—The Pflugerville Community Development Corporation (PCDC) today announced that ready mix concrete company Lauren Concrete will relocate its corporate headquarters to Pflugerville.
“Lauren Concrete is the largest ready-mix concrete company in Central Texas,” PCDC Executive Director Floyd Akers said. “Pflugerville is a good match for Lauren Concrete’s new headquarters because of our pro-business environment, and our reliable and efficient City permitting process.”
At the regular council meeting on May 13, the Pflugerville City Council approved an economic development agreement proposed by the PCDC to Lauren Concrete. As part of the agreement, the PCDC will reimburse Lauren Concrete up to $300,000 in development fees and construction costs, which will be funded from the anticipated sales tax revenue generated by the company in the first year.
The PCDC also offered to sublet approximately 2,000-square-foot of office space to the company at 203 West Main St., Suite E, for up to 18 months at no cost beginning June 15, or sooner as space allows.
According to the agreement, Lauren Concrete must move into its new building in a to-be- determined location within 24 months.
Lauren Concrete was founded in 1986 by Ronnie Klatt. The company, which operates eight batch plants along the IH-35 corridor in Central Texas, remains family owned and operated. The company serves customers in Austin area communities, including: Austin, Bastrop, Bertram, Buda, Cedar Park, Elgin, Georgetown, Hutto, Kyle, Lakeway, Leander, Liberty Hill, Manor, Pflugerville and Round Rock.
The company will bring at least five full-time jobs with medical benefits to Pflugerville with the move.
About the Pflugerville Community Development Corporation
The Pflugerville Community Development Corporation promotes Pflugerville as a desirable place for new businesses to operate. The organization also supports existing businesses by helping to address their needs. PCDC can provide funding for use as an incentive to businesses to begin doing business in Pflugerville. PCDC funds, which are 4B money generated from a half- cent of the city’s sales tax revenue, can also be used to construct needed infrastructure such as roads, utilities and drainage projects. Located 16 miles northeast of Austin and just south of Round Rock, Pflugerville is well-situated in Central Texas. New state highways 45 and 130 and Interstate Highway 35 all offer direct access to other nearby cities and the region’s main airport. For more information, visit www.pfdevelopment.com.