Central Texas has been chosen as the site for a Mexican firm’s first greenfield manufacturing plant in the United States, an aluminium can plant that is expected to create over 120 jobs.
Envases Group announced last week that that its new plant would be located in Waco and supply aluminum can buyers along the Interstate 35 corridor. The firm said it would invest up to US$100 million in the area in exchange for an offered US$6.8 million in incentives from the city and county government.
The Greater Waco Chamber of Commerce’s industry recruiter Kris Collins said the 3 billion can per year plant would yield a return of 26 percent of the US$4 million cash grant and US$2.8 million in forgiven real and personal property taxes at the site over the next decade.
“We’re now at the forefront of continued growth. Amazon performs an incredible amount of due diligence before choosing a site, encouraging others to take a look. We continue to receive interest from manufacturing, distribution and the ‘green’ industry.”
Collins continued by specifying that the plant would lie on a 60-acre parcel and consist of US$35 million factory housing US$65 million in equipment and machinery. The plant will require a labor force consisting of 121 full-time permanent jobs and likely add another 129 jobs in the Waco area supporting the plant.
Envases Group says it already has clients in San Antonio and in the Dallas-Ft. Worth metroplex that the plant will supply with aluminium cans.