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Round Rock, Texas, May Pay Bounty for High-Tech Jobs.
Byline: Tony Plohetski
Sep. 7--The City of Round Rock will announce plans today to offer a growing high-tech company a cash award for each new worker it hires in an effort to create jobs for its rising unemployed work force and to lure the company from Austin.
The city will pay DPT (U.S.) Inc., which repairs equipment for flat-panel display products such as laptop computers and cellular phones, $600 for every new hire above 200 in the next five years, under a plan pending Round Rock City Council approval. It is Round Rock's first attempt to subsidize jobs through an incentive agreement.
Economic development experts said the arrangement is unusual and …
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