LOCKHART ECONOMIC DEVELOPMENT CORPORATION


Associated tags: Food, Agriculture, Retail, IRON OX, Lockhart Economic Development Corporation, Iron Ox, City, Renewable energy, Water, Iron, Hydroponics, Deities and personifications of seasons, LEDC, Machine learning, Economic development, Carbon, Drive, Commerce Street/South 11th Street station, Robotics, Silicon

City of Lockhart Supports Iron Ox with Incentives for Expansive New Facility

Retrieved on: 
Tuesday, January 4, 2022
Retail, Agriculture, Supermarket, Natural Resources, Research, Science, Food, Beverage, City council, Agriculture, Artificial intelligence, Federal City Council, Growth, Texas Department of Agriculture, Silicon, Robotics, Commerce Street/South 11th Street station, Carbon, Drive, Economic development, Technology, Machine learning, Multimedia, LEDC, Food, Deities and personifications of seasons, Hydroponics, Iron, Water, Renewable energy, City, Iron Ox, Lockhart Economic Development Corporation, IRON OX, LOCKHART ECONOMIC DEVELOPMENT CORPORATION

The City of Lockhart recently approved incentives for local expansion by Iron Ox , a farming innovation company with deep expertise in plant science, robotics and artificial intelligence.

Key Points: 
  • The City of Lockhart recently approved incentives for local expansion by Iron Ox , a farming innovation company with deep expertise in plant science, robotics and artificial intelligence.
  • View the full release here: https://www.businesswire.com/news/home/20220104005263/en/
    Iron Ox Crispy Lettuce (Photo: Business Wire)
    Iron Ox has already made a great impact in the City of Lockhart at their state-of-the-art facility on Reed Drive, said Lockhart Mayor Lew White.
  • By voting on November 16 to commit $200,000 toward the construction of water and wastewater utilities, the Lockhart City Council provided incentives for Iron Ox which in April 2021, broke ground on a 535,000-square-foot facility on Reed Drive to expand its footprint in the city.
  • Those incentives also include the five-year City property tax rebate incentive to Iron Ox, once its expansion facility on South Commerce Street is finished and a certificate of occupancy has been granted.