Business Facilities - February 2008 - (Page 9)

Albany Engineered Composites: Boerne, Again I n January, Albany Engineered Composites (AEC) decided its current operating location, Boerne, TX, was the best place to expand its facilities. A $1 million Texas Enterprise Fund (TEF) award will Texas Secretary of State Phil Wilson joins Michael Nahl of AEC, Boerne Mayor Dan Heckler, and Judge Gaylan Schroeder to announce the expansion of AEC’s facilities in Boerne, TX. support the expansion, which is expected to bring 337 new jobs over seven years and $41.6 million in investment to Kendall County, TX. The new jobs will vary from engineers and executives to production workers, with an average salary of about $35,000. The project is the largest job creation and capital investment by a single company in the county’s history. Groundbreaking of the AEC project is expected to begin in the spring of 2008 and be completed within two years. The Boerne plant currently produces advanced composite structures for the aerospace industry. Steve Mack, CEO of Kendall County Economic Development Corporation, says his office’s primary goal is the retention and expansion of existing businesses in Kendall County. Boerne beat out cities in Alabama, New York, South Carolina, and Texas. “Those are stiff competitors who would love to have 300 jobs in their backyard,” adds Texas Secretary of State Phil Wilson. Brian Coffenberry, Vice President of AEC says, “The area is a perfect fit for our growth plans, and we look forward to what we hope will be a long and prosperous future in Texas.” If You Need A Thriving Business Environment And An Unmatched Quality Of Life Head For The Hills! COMPANY LOCATION INDUSTRY JOBS DOLLARS CREATED INVESTED C&J Energy Services Marshall Oil Field Services 130 $60 mil. Comerica Inc. Dallas Banking 200 $8.35 mil. Eastman Chemical Beaumont Gasification 252 $1.6 bil. Fidelity Investments Westlake Financial Services 1,535 $225 mil. Global Tubing Dayton Steel Tubing 150 $15 mil. PHOTO CREDIT: OFFICE OF THE TEXAS SECRETARY OF STATE • Business-friendly attitudes • Resources to support business growth • Highly educated workforce • San Antonio amenities 25 minutes away • Texas Hill Country lifestyle Visit our web site or contact us at 830.331.9070 for more information about how Kendall County Texas can benefit your business Maxim Integrated Products Irving Semiconductors 1,000 $200 mil. Microsoft San Antonio Data Center 100 $985 mil. Shintech Alvin Vinyl Chloride 130 $800 mil. Monomer kendallcountyedc.com #3732 at www.BusinessFacilities.com BUSINESS FACILITIES 9 http://kendallcountyedc.com http://kendallcountyedc.com http://www.BusinessFacilities.com

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Business Facilites - February 2008 Contents First Word Snapshots Corporate Moves: Texas Capturing the Creative Class Green with Energy Automotive Opportunities in a Green Economy Corporate Moves: Wyoming Metro Spotlight: Overland Park, KS Metro Spotlight: Long Island, NY Get Ahead in Alabama Indiana: Sending Tech Messages How to Successfully Negotiate a Lease in Today's Real Estate Environment Legislation Spurring Innovation in Kentucky New Center will Propel Ontario's Automotive Future Virginia's Vital Signs Eating Well in the North of France Advertiser Index Ask the Expert

Business Facilities - February 2008

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