One popular company's decision to expand into a nearby city will create new Houston manufacturing jobs
The Texas Enterprise Fund
recently announced that will invest $194,000 in 3M Company
, which will be used to open a new manufacturing facility in nearby Angleton. That expansion is expected to create 55 jobs and generate about $21.2 million.
The new manufacturing facility will be used to produce powder coatings that help protect metal surfaces from corrosion. The company plans to relocate some of its existing manufacturing operations from New Ulm, Minn. to the Angleton plant.
"Texas continues to stand out as the best state in the nation to grow business and create jobs thanks to our low taxes, reasonable and predictable regulatory climate, fair legal system and skilled workforce," Gov. Rick Perry
said. "3M is a global Fortune 500 company with operations around the world, and I'm pleased they've chosen to relocate this facility to Texas, creating jobs and generating millions in capital investment in the Angleton community."
3M, which produces everything from air filters to tape, has built a strong presence in Texas since 1965. The company currently operates other facilities in Austin, Brownwood, Dallas, Houston, and El Paso. The state's skilled workforce
, quality of life, and low cost of living are all important factors to the company.
The Texas Enterprise Fund works to recruit and grow businesses throughout the state. Since it was founded in 2003, the TEF has invested more than $433 million and closed deals on projects generating 58,535 new jobs and more than $14.7 billion in capital investment.
Labels: Houston manufacturing jobs