LUFKIN, TX (KTRE) –The announcement of a two-million dollar project will bring dozens of new jobs to Deep East Texas.
The Lufkin City Council tonight approved an incentive package for an aerospace manufacturer locating to Lufkin.
The project is getting $750,000 in city funding and 1.25 million in loans, and tax abatements.
Innovative metal components will manufacture products for the aerospace and defense industry, as well as the nuclear power field.
Their facility will be built in the Lufkin industrial park on state highway 103 east bringing with it new technology, and new jobs.
"We look to start up with 23 individuals in 2011. Over a five year start up we look to increase our employee head count incrementally up to 80 plus individuals," explains Vice President of Business Development Wesley Armstrong.
The project began less than a year ago, in talks with the Lufkin City Council.
Mayor Jack Gorden called it "a great day for Lufkin."
They're not wasting any time. Construction gets underway tomorrow morning -- expected to be complete within the first few months of 2011.