Will Chinese workers soon be complaining that all the good manufacturing jobs are being outsourced to Texas? The state Comptroller’s office is reporting on a $1 billion pipe manufacturing facility to be built by a Chinese company on the Texas coast:
TPCO America Corp. (TPCO), a subsidiary of China-based Tianjin Pipe (Group) Corp., will build the plant near Gregory in San Patricio County. This will be the largest single manufacturing investment made by a Chinese company in the United States. The facility could create as many as 600 jobs and have an estimated $2.7 billion economic impact in 10 years.
The plant will produce pipe for the oil and gas industry and is scheduled to begin producing in two and a half years.
(And a shout-out goes to trade development goddess Jen Martinez for tweeting the story.)