The planned Cangshan Cutlery headquarters will be built in north Leander on Heritage Grove Road. (Courtesy city of Leander)
A California-based knife manufacturer will relocate its international headquarters to Leander in 2023, the city announced Aug. 24.
Cangshan Cutlery, which produces premium cutlery, will develop a 400,000-square-foot production and administrative facility that will bring up to 300 jobs to Leander. Additionally, the facility is projected to create $150 million in annual revenue, according to the city release.
“As a first-generation immigrant, I am inspired by the possibilities of the promise of America,” the company’s CEO and founder Henry Liu said in the release. “I see it in the spirit and creativity of my employees, and I see it in the town of Leander, Texas. I am truly excited about bringing the vision of creating a premium American-made cutlery line to life.”
In turn, the city of Leander will provide up to $5.5 million in local property tax and sales tax rebates for the development. The agreement requires the construction of the planned facility, at least $40 million in real property improvements and equipment, and the addition of full-time jobs as the facility expands, according to the city.
Additionally, Williamson County and the city will provide up to $1.6 million in roadway improvement reimbursements. This is contingent on final facility construction.