Merck center would create 600 Austin area jobs One of the world’s largest pharmaceutical companies has targeted Austin for a major new technology center, citing its “strong interest” in helping reshape health care and develop the new innovation district emerging around the Dell Medical School. Merck Sharp & Dohme Corp. has asked the city for $856,000 in incentives over a 10-year period to build its fourth global technology hub in downtown Austin, according to details of an economic development proposal released Friday. In return, Merck would agree to create at least 600 new jobs, paying an average annual salary of $84,586, and it would invest almost $29 million to build and equip the new innovation hub.
Travis county home values up almost 8 percent