(The following is a reformatted version of a press release issued by the Texas
Governor's Office and obtained at governor.state.tx.us)
Gov. Perry Announces Emerson to Expand Houston Facility, Create 126 Jobs
Wednesday, May 08, 2013 • Austin, Texas • Press Release
Gov. Rick Perry announced Emerson Process Management plans to expand one of its
major facilities in Houston, creating 126 new jobs and $9.5 million in capital
investment. The state is providing $1 million through the Texas Enterprise Fund
(TEF) to close the deal on this project.
"From small businesses to major multinational corporations like Emerson,
employers know Texas offers them the best chance at success through our low
taxes, predictable regulations, lawsuit abuse reforms and skilled workforce,"
Gov. Perry said. "Emerson's expansion is great news for hardworking Texans and
the city of Houston."
The TEF is supporting the next phase of growth for Emerson Process Management's
new Americas headquarters for valve automation technology and its new
manufacturing facility that currently employs 175. This facility serves as a
center of excellence for valve automation engineering and manufacturing
expertise, while providing a showroom where customers can work directly with
Emerson employees to develop solutions and improve products.
"We are thrilled to expand our footprint in the Houston community," David Plum,
president of Emerson Process Management's valve automation business, said. "Our
history in Texas dates back to 1929 and this area remains critical to our
growth plans and service level commitments."
"The Greater Houston Partnership congratulates Emerson Process Management on
the opening of its valve automation Americas headquarters in Houston, as well
as the expansion of its new state-of-the-art manufacturing and distribution
facility," Greater Houston Partnership President and CEO Bob Harvey said. "With
its more than 1,000 employees in Houston, Emerson is a key partner in
strengthening our region's extraordinarily-dynamic growth and quality of life.
GHP is proud to partner with Emerson and other national and international
companies in creating high-paying jobs, a skilled workforce and economic
prosperity for Houston."
The Legislature created the TEF in 2003 and has re-appropriated funding in
every legislative session since then to help ensure the growth of Texas
businesses and create more jobs throughout the state. TEF projects must be
approved by the governor, lieutenant governor and speaker of the House. The
fund has since become one of the state's most competitive tools to recruit and
bolster business. To date, the TEF has invested nearly $486 million and closed
the deal on projects generating 67,131 new jobs and more than $20.1 billion in
capital investment in the state.
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