Why Companies Choose Cedar Park, Texas

The Lone Star State has been ranked the No. 1 state for business by Chief Executive magazine for 22 consecutive years. It has no state income tax and no corporate income tax, with a franchise tax based on margin instead, plus a predictable regulatory climate and the Texas Enterprise Fund, a deal-closing fund for projects competing against an out-of-state site. In Area Development’s 2026 survey of site consultants, Texas also ranks first among states for energy costs and second for overall cost of doing business, both of which shape a company’s long-term operating costs.

Cedar Park builds on that foundation for business relocation and expansion with tax abatements on real and personal property for up to 10 years, relocation and training reimbursement programs, and more than $6 million in performance-based incentives approved for relocating and expanding companies in 2026.

Learn more about Texas tax benefits and Cedar Park’s incentive programs on our incentives page, including a downloadable data sheet.

Cedar Park focuses its recruitment on six industries: advanced manufacturing, defense and aerospace, headquarters, technology, life sciences, and clean technology. Companies planning a business expansion or relocation find an established base of suppliers and talent.

In aerospace and defense, a supply chain is taking shape. Machine Sciences Corporation, a precision CNC manufacturer, plans a $31.9 million investment and 70 full-time jobs. Elite Metal Finishing, opening its first central U.S. plant here, plans a $10 million investment and 170 full-time jobs. Both approved agreements in September 2026 and are locating at Cedar Tech I, adding specialized capabilities to a supply chain that already includes Firefly Aerospace. 

In clean technology, Hyliion builds modular power generators from its Cedar Park headquarters. Cedar Park also benefits from a deep regional technology workforce. Williamson County employs 44,327 people in tech and software development.

Moving your business to Texas puts you in the top-ranked state for engineering talent and industry cluster strength, and fourth for access to skilled manufacturing labor. That depth feeds the aerospace and defense, advanced manufacturing, life sciences, and software employers already building in Cedar Park.

Over half of Cedar Park adults hold a bachelor’s degree or higher, giving employers a deep talent pool with strong representation in healthcare, biotech, software development, and advanced manufacturing. The pipeline is local. Austin Community College’s Cypress Creek campus sits in Cedar Park and offers a bachelor’s degree in software development, and more than 50 colleges and universities operate within 50 miles.

Cedar Park offers utility-ready sites about 30 minutes from Austin, with highway and air access that keeps goods and people moving. Pedernales Electric Cooperative provides power, water comes from Lake Travis, and US 183 and the 183A Toll Road connect the city to Austin and I-35. Austin-Bergstrom International Airport is 28 miles away, with nonstop service to more than 70 cities. A new Marriott hotel and 30,000-square-foot convention center is scheduled to open in April 2027, adding lodging and meeting space for visiting teams, client events, and conferences.

Companies building a relocation strategy can search available land and commercial real estate on Cedar Park Prospector, then review service details and utility maps on our Utilities & Infrastructure page.

Cedar Park gives talent plenty of reasons to stay. Housing is more attainable than in Austin: a median-priced home costs about four times median household income here, compared with nearly six times in Austin, based on U.S. Census Bureau figures.

The H-E-B Center hosts more than 150 events a year, from professional hockey and basketball to concerts. Scheels opened a 300,000-square-foot flagship store in August, Nebraska Furniture Mart follows in spring 2027, and The Crossover offers athletic training and ice rinks for families.

Cedar Park also maintains more than 1,000 acres of parkland, more than 40 parks, and over 30 miles of trails, including the Brushy Creek Regional Trail.

Why should a company relocate its business to Texas?

Texas has no personal income tax and no corporate income tax, though larger businesses pay a franchise tax based on margin. The Texas Enterprise Fund offers deal-closing grants for competitive projects, Chief Executive magazine has named Texas the best state for business for 22 consecutive years, and CNBC ranked its workforce first in 2026.

What companies are relocating to the Austin, Texas area?

Recent arrivals include Blue Origin, which plans manufacturing operations in Hutto. In Cedar Park, Wright One relocated its headquarters from Connecticut, Aeon Industrial plans to move its headquarters from Austin, and aerospace and defense manufacturers Machine Sciences Corporation and Elite Metal Finishing plan new operations under agreements approved in 2026.

Why should a company choose Cedar Park, Texas for relocation or expansion?

Cedar Park, Texas, sits about 30 minutes northwest of downtown Austin, with a growing aerospace and defense supply chain anchored by Firefly Aerospace. Over half of adults hold a bachelor’s degree, and performance-based incentives include cash grants, property tax abatements, and employee housing assistance.