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IT center in Austin to create nearly 800 new jobs

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Posted: Nov 21, 2012 5:13 PM

Updated: Nov 21, 2012 5:13 PM

AUSTIN, Texas (AP) Nearly 800 new jobs will be coming to Austin thanks a new global information technology center being built by Visa U.S.A. Inc.

Gov. Rick Perry announced Wednesday that Visa is constructing the IT center after the state offered the company $7.9 million through the Texas Enterprise Fund.

The fund offers economic development grants to private companies in an effort to bring jobs to Texas.

A Visa spokesman says the company is working closely with local officials to finalize an agreement.

Perry's office says since the fund was created in 2003, it has invested more than $472 million and closed the deal on projects generating more than 63,900 new jobs and more than $22.6 billion in capital investment in the state.

Topics: Enterprise Fund-Visa

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