A prominent Houston employer is expanding its factory in Sugar Land, bringing much of its production to the United States from mainland China and Taipei.
The Houston Business Journal reports the Sugar Land Office of Economic Development approved a 10-year, $2 million incentive package for Applied Optoelectronics Inc. (Nasdaq: AAOI) to occupy about 266,000 square feet in a manufacturing facility and add a new manufacturing line to its existing headquarters. The additional plant will be near its headquarters at 13139 Jess Pirtle Blvd., which occupies 139,450 square feet in the 1,000-acre Sugar Land Business Park.
As part of the incentive deal, AOI agrees to make a capital investment of nearly $80 million and create 500 new jobs over the next five years. Currently, the company employs 387 in Sugar Land.
AOI develops and manufactures advanced hybrid fiber-coaxial and optical networking products that power the internet, including lasers, components, modules and equipment. The new facility is expected to be completed by next summer.
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