Manufacturing Facility Coming To Round Rock

ROUND ROCK, TX — The Round Rock Chamber on Friday announced that Investex II LLC is building a 125,000-square-foot cold storage and manufacturing facility creating 60 jobs with an average salary of $60,000.

The 10-acre site will house nearly 20,000 pallet positions while hosting an incubation space to encourage and promote growth and success of local new Consumer Packaged Goods (CPG) industry businesses, officials said. The cold storage facility will be operated by Triple Temp Cold Storage LLC, sparking five dozen jobs over the course of five years, officials added.

. “We are thrilled to announce that the CPG cold storage and incubator concept will be first to market in the Austin-Round Rock area,” Michael Renna, CEO of Investex, said in a prepared statement. “The company is immediately available to take advantage of both leasing opportunities in support of a variety of market-driven cold storage, e-commerce, and new business demands.”

The company will select companies to work with Investex toward learning from leading authorities on how to be a profitable and successful company without giving up their ownership to outside investors, officials explained. To that end, the businesses will receive guidance on research, development, procurement, marketing, finance, food sanitation, safety, equipment operation and networking from leading figures in the CPG industry, officials added.

“We could not be more excited for this announcement," Jason Ball, the chamber’s president and CEO, said in a prepared statement. "Not only is Investex making an investment in Round Rock’s growing logistics sector, they are dedicating a substantial amount of space for innovation and growth within the CPG industry.”

Officials noted the differences that will distinguish Investex incubator from other industry incubators in that it will work with start-ups with compelling products hoping to use those creations as a launch pad for viable businesses. Toward that goal, there will be a common working space, which brings food producers, entrepreneurs, investors, and chefs together to collaborate, officials pointed out.

Incubator founder Michael Angelo Renna has been in the CPG frozen food category for more than 35 years, according to a chamber advisory. He is the founder of Michael Angelo’s Gourmet Foods and a contributing founder of SKU Austin and Naturally Austin. Through his vast network, the CPG Super Incubator will offer the selected companies invaluable access to industry experts, officials said. The companies will be tenants of Investex II LLC and will provide their own equipment, production line, and team.

The proposed new facility will be located at 16400 Bratton Lane in Austin which is within the Round Rock city limits.

A rendering of the planned Investex II LLC manufacturing and storage facility to be built in Round Rock. Image courtesy of Round Rock Chamber.

About Investex II LLC

Investex II LLC is a privately held real estate development firm. The company’s focus is on developing land and asset management of cold storage and food related facilities.

About the Round Rock Chamber

The Round Rock Chamber is the economic generator for its thriving community. The chamber initiates programs that create a dynamic business climate and improved quality of life through innovative community partnerships and invested business leaders. Visit the Round Rock Chamber website for more information, and follow on LinkedIn, Twitter, Instagram, YouTube and Facebook.