Lufkin economic development board approves $30M investment from Gattefosse

Keith Wright is retiring on July 7th, 2020. He served as city engineer, assistant city manager...
Keith Wright is retiring on July 7th, 2020. He served as city engineer, assistant city manager and city manager for the city of Lufkin for the past 30 years.(KTRE)
Updated: Dec. 22, 2020 at 8:34 PM CST
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LUFKIN, Texas (KTRE) - Lufkin’s economic development board approved a new partnership with an international beauty and healthcare company Tuesday.

As a part of the incentive, Gattefosse USA will invest $30 million in capital investment, and the city will provide them with 15 acres of land in Lufkin’s Industrial Park off Highway 103 E near Twin Disc.

Director Bob Sanford said the facility will produce lipid-based specialty ingredients for the beauty and health care industries worldwide.

The company plans to hire at least 10 full-time employees and start construction by October 2022.

“I think the compliment that they gave us is something that we all need to take note of. We are an up-and-coming city,” Sanford said. “We are going to capitalize on a foreign trade zone. I think that is the clear and concise message that I take away from it.”

Gattefosse’s is a 140-year-old family-owned company from Lyon, France.

Sanford says the Lufkin facility will be their first North American manufacturing plant.

The city will also consider a 10-year tax abatement at the city council meeting on January 19th.

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