Manufacturing plant brings 200 new jobs to area
By 03/06/2003 00:00:00
The Ellis County Press
WAXAHACHIE - Cardinal Coated Glass Inc. is expanding into Waxahachie with assistance from a $750,000 grant awarded to the city from the Texas Department of Agriculture.
Waxahachie will utilize these funds to provide infrastructure development. Money would be used to install the sewer, provide engineering support and administrative duties.
City of Waxahachie Director of Economic Development Doug Barns said the plant would create about 200 new local jobs with an investment of $37 million in building and equipment.
'This is grant money from the Texas Capital Fund of which is set aside for cities with rural connotations to help attract industry to communities and allows the city to be able to expand infrastructure to these manufacturing plants that are going to create new jobs when they come into these communities,' said Barns.
Waxahachie resident Jackie Hadden said she had seen Waxahachie boom
over the years.
'It's good to bring money in, but it will bring more people,' said Hadden.
'The real purpose of the Capital Fund program is to encourage new business development and expansion. I am very pleased that Cardinal Glass is expanding their operation in our area and that this funding will enable the City of Waxahachie to provide the needed infrastructure for this new facility,' said Jim Pitts, state representative.
Barnes said the city offers a seven-year tax abatement program to manufacturers for the value of their building and equipment, based on the number of jobs created.
Offering abatements allows the city to stay competitive with other communities attempting to recruit companies.
Cardinal Coated Glass is due to open in June 2003 on Highway 77 near their sister company, Cardinal Insulated Glass.