New Business Coming to Lufkin

The former Randall's building in Lufkin has been empty for about two years. But it won't stay that way for long.

"Companies are coming in. There is going to be hiring. They're looking at opening a couple of different companies around the area," said Lee Ann Castilaw, Branch Manager of Manpower.

Conn's Electronics will move into the old Randall's building, and experts at Manpower believe it will help boost what they call a "soft" economy in Lufkin for early 2008.

"I think it's going to be a pretty steady quarter. I don't think you're going to see a lot of hiring. I don't think you're going to see a lot of layoffs either," Castilaw said.

Right now most of the hiring is taking place in retail and service industries, because businesses need seasonal help for the holidays. While that doesn't necessarily hurt Lufkin's economy, it will cause the first quarter of 2008 to get off to a relatively slow start.

"This month moving into the next quarter they're just holding steady. Holding what they have. I don't think it's anything bad. I think our economy is a really good economy. It's just that they're holding steady with what they have," Castilaw added.

Wxperts tell us with Conn's and other businesses expected to come to Lufkin next year, 2008 should be a strong year for Lufkin's overall economy.