GEORGETOWN, Texas (KXAN) — Williamson County commissioners approved an economic incentive agreement with California-based tech company CelLink.

The company plans to put a 300,000-square-foot facility near State Highway 130 and Interstate 35 in Georgetown. The new factory is estimated to cost around $130 million.

The company is known for supplying electric vehicle manufacturers with intelligent wiring systems.

“Incentives are something that in economic development we consider a ‘but for’ clause — but for these incentives that the company would not relocate here,” said Michaela Dollar with Georgetown Economic Development. “Economic development is an extremely competitive industry. We were competing against Tennessee and the other locations outside of Williamson County for this project.”

The county entered into a 10-year tax abatement agreement for 50% of the real property taxes and 75% of the business’ personal property.

To receive the abatement, the combined taxable value of the property must be above $80 million as of the sixth anniversary date.

Georgetown City Council will discuss incentives for the company on Tuesday, too. It could receive tax breaks for building in the area.

The deal is expected to be one of the biggest for the city of Georgetown. The tech manufacturer could bring up to 2,000 jobs over the next couple of years. That would make it the city’s largest private employer.

KXAN’s news partners at the Austin Business Journal said the job variety is what makes this agreement particularly good for leaders.

“Those jobs — they’re high paying jobs, even when you’re on the line, working with your hands, they can be high-paying jobs,” explained Colin Pope, Austin Business Journal editor. “But aside from that, you know, these companies have a lot of white-collar level jobs that will be paying six figures. So these are the kinds of companies that, you know, city officials really like to — like to find, because they bring a broad mix of pay, and in skill sets and levels in terms of employment.”

Ed Latson with a trade association that represents manufacturing companies said Central Texas is a melting pot for these types of employees.

“This could be an opportunity for people to find a real pathway into the middle class,” said Latson. “With higher skills comes a higher paying wage. It should be a nice impact for the Georgetown area.”

It’s home to many technical schools and organizations like Skillpoint Alliance, a nonprofit that trains manufacturers.

“Students that complete a course here and get their CPT certification have opened every entry-level position in this region,” said Justin Frost with Skillpoint Alliance.

Williamson County commissioners said this could be a good deal for the county, but it will also come with accountability.

“We want to know what’s covered. We want to see if they’ve hired the number of employees, they’ve said,” said Commissioner Russ Boles during commissioners court. “If you’ve ever had your heart broken by the lady sitting behind you, our senior county auditor, you would know she goes through those thorough.”

At present, Georgetown’s largest private employer is AirBorn, which makes electronic components. It has about 600 workers.

Wednesday, CelLink will host a ceremonial groundbreaking in the area starting at 9 a.m. The project will move fast. The building is expected to be complete in June of this year.