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Medical manufacturing business may relocate to Bastrop, create 7 jobs

A Pittsburgh-based medical equipment manufacturing company may relocate to Bastrop after the city’s economic development corporation offered free land for the move.

The Bastrop Economic Development Corporation’s board unanimously agreed Monday to refund AEI Technologies, Inc. up to 100 percent of a 1.4-acre property sale at the Bastrop Business and Industrial Park, minus closing costs, if it relocates to the city and creates seven full time jobs within 10 years.

According to the agreement, BEDC will sell AEI a minimum of 1.4 acres for $56,185.

Read the full article at Statesman.com