Workers on the Tundra pickup truck assembly line at Toyota’s assembly plant in San Antonio. Toyota is the largest customer of Byron Center, Mich.-based Corvac Composites LLC, which manufacturers automobile plastic parts and is considering San Marcos as the location of its fifth manufacturing plant. PHOTO by TOYOTA MOTOR MANUFACTURING TEXAS INC.
10:07 a.m. MONDAY, NOV. 25: Meeting early this morning, the San Marcos City Council voted 4-0 to grant tax incentives that Michigan-based Corvac Composites LLC wanted to open a manufacturing plant on Clovis Barker Drive.
Mayor Daniel Guerrero and council members Wayne Becak, Shane Scott and Lisa Prewitt voted to approve an agreement that will forgive 80 percent of the company’s city property taxes on “personal property” — primarily, equipment and inventory — for 10 years. The company will maintain a payroll of at least 30 full-time jobs with an average annual salary of $30,000.
Council members Jude Prather, John Thomaides and Ryan Thomason were not present for the vote.
11:26 a.m. FRIDAY, NOV. 22: A Michigan-based auto parts maker appears to have settled on San Marcos as the location for a plant it intends to establish in Texas — if officials approve “inducements” the company wants from City Hall.
A major manufacturer of plastic vehicle components such as wheel well liners and underbody covers, Corvac Composites LLC is a supplier to Toyota, which operates an assembly plant in San Antonio for its Tundra and Tacoma pickup truck line. Corvac’s other customers include Honda, Chrysler and Fiat, according to the company’s website.
John Huber, the company’s vice president for manufacturing, has already signed an agreement that commits Corvac to leasing a 100,000-square-foot facility at 2350 Clovis Barker Drive by Feb. 1 and beginning operations by June 1. Corvac will invest $3,650,000 in leasing the property and equipping it for manufacturing, according to the agreement.
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