Cloud computing manufacturer ZT Systems has purchased a 430,000 square-foot facility in Georgetown, where it plans to bring 1,500 new jobs.

The cloud-computing manufacturing facility is located in the 146-acre NorthPark35 industrial development at I-35 and SH 130. 

The New Jersey' company says it plans to hire up to 1,500 "high-tech" employees at the facility, which it says will build technology infrastructure for cloud computing and artificial intelligence.

It expects the facility to be at full capacity in late 2024.