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By Justin Sayers – Staff Writer, Austin Business Journal

Iron Ox Inc., the Silicon Valley-based company building a robotic farm in Lockhart, has officially announced plans for a second facility in the city, adding that its produce is expected to hit Texas grocery stores early this year.

Austin Business Journal reported in November that the company received approval from Lockhart City Council for property tax incentives to build a second facility of at least 1 million square feet on 85 acres off South Commerce Street.

The Chapter 380 agreement between Iron Ox and Lockhart also requires the company to create at least 28 full-time equivalent jobs at an average salary of $32,000 plus benefits. The company would be required to move into the facility by the end of June 2023.

The incentives deal was approved months after an April groundbreaking for a 535,000-square-foot building Iron Ox is building on 25 acres on Reed Drive.

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Sairam Kota

Sairam is an experienced multifamily deal sponsor and asset manager for 738 units, a key principal in 332 units and limited partner in 1000 units. He has a strong experience in asset management, property reposition, income generation, implementing operational efficiencies and cost reduction. Sairam is a licensed Real Estate Broker in the state of Texas. He is a successful IT Consultant with 20+ years of experience in corporate America.