BY HALEY MCLEOD & BROOKE SJOBERG
WilCo seals deal with auto parts supplier Williamson County commissioners approved a Chapter 312 agreement, or tax abatement, March 19 with South Korean automotive parts supplier Hanwha Advanced Materials America LLC. The overview The automotive parts supplier will be building a 200,000-square-foot manufactur- ing facility on 38 acres of land just north of Georgetown on I-35. The county is expecting an estimated $100 million capital invest- ment from Hanwha, which includes taxes from the property and building, as well as the interior assets. The tax abatement agreement covers 70% of the taxable value of tangible personal property on the company’s premises, including equipment, for 10 years.
Contract moves forward construction of WilCo HQ Williamson County Commissioners Court approved a contract March 26 with Chasco Constructors for Phase 1 of the county’s new head- quarters building, with a guaranteed maximum price proposal of $7 million. Contractors began site development in early April. The details A total of $90 million was approved by com- missioners in February 2023, as the county plans to shift operations from the historic William- son County Courthouse to a new location in Georgetown. The project is being funded by tax anticipation notes dating back to 2021. Tax anticipation notes allow government entities to issue debt and repay it with future tax collections. The headquarters will house a number of county
SOUTHWESTERN BLVD.
NEW WILLIAMSON COUNTY ADMINISTRATION BUILDING
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WILLIAMSON COUNTY HEADQUARTERS SITE
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services and join the site of the Williamson County Emergency Services Operations Center, the Wil- liamson County Children’s Advocacy Center and the Williamson County Regional Animal Shelter. Looking ahead The county has not yet disclosed plans for the historic courthouse property, which will remain under county ownership. A groundbreaking is scheduled for May 14. Construction is expected to be complete by fall 2025, Williamson County Judge Bill Gravell said.
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