UPDATED: Tuesday, April 30, 2013 - 9:27pm
BRYAN, Tx (KYLE) — A new manufacturing facility is officially in the works after more than 15 months of searching for the perfect location.
"We started with 25 places then reduced it to 12 places, then six, then three and finally after a big analysis and decision making we decided to come and we're glad we made the decision to come to Bryan," said vice president and general manager of Prolamsa, Francisco Garza.
Axis Pipe and Tube, a subsidiary of the Monterrey, Mexico based Prolamsa Group, signed plans Tuesday morning to secure 240 acres in the Texas Triangle Park to construct a steel pipe and tubing manufacturing facility for the gas and oil industries.
A major announcement for Brazos County.
"It's a very exciting day for Bryan," said Mayor Jason Bienski. "Probably the largest manufacturer to ever locate in the Brazos Valley, not just in Bryan-College Station."
It's a capital investment of over $120 million that will not only bring around 500 jobs directly and indirectly to the area but local governments will also see an estimated $20 million increase in revenue over the next ten years.
"In tough economic times when businesses aren't necessarily expanding, it's important that we can keep the businesses here and recruit new businesses particularly those that want to relocate from other areas or expand from other areas," Mayor Bienski said.
And the Prolamsa Group plans do to just that.
Garza said, "We're committed to making this venture a successful one."
Construction on the facility is slated to begin within the next few months.