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Newsroom
7/29/2010
Four years after the Austin City Council awarded Hewlett-Packard Co. a $3.2 million incentive to create 140 jobs and invest $300 million in Austin data centers, the city has made its first payment: $206,000. Both the city and company said HP is compliant, despite the state canceling two years ago its $5 million Texas Enterprise Fund agreement, citing noncompliance on HP’s part. Neither the city nor the company would disclose the current employment or investment in Austin and said HP has until the end of 2011 to reach the incentive goals. According to the most recent compliance report, filed in June 2010, but detailing 2008, the company employed at least 42 people and had invested $263 million at its East Austin data center on Ed Bluestein Boulevard.
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