Wagners Composite Fiber Technologies (Wagners), an Australian business, plans to open its first production plant in the United States in Parker County, Texas, according to Gov. Greg Abbott.
The company’s new facility, according to Abbott and the Parker County Economic Development Council, will create more than 300 jobs over the next 10 years.
“Wagners has chosen Texas for its first U.S. #manufacturing plant,” Abbott said in a Twitter post. “The new facility in Parker County will create more than 300 new jobs and manufacture composite fiber infrastructure for bridges, boardwalks and marine projects.”
The Wagners facility will be built in Cresson, Texas, which is located at the border of Hood, Johnson and Parker Counties, according to the Fort Worth Star-Telegram.
“The City of Cresson is honored to welcome Wagners to their new home in Cresson,” Cresson Mayor Teena Conway said in an announcement. “This is extremely exciting to be a part of the growth from an Australian company to our little prairie town.”
The Fort Worth Star-Telegram also reports that Wagners is scheduled to begin operations on the 12-acre property by the end of the year.
“We are thrilled that Wagners has chosen to build their first U.S. manufacturing plant in Parker County, providing further proof that the ‘Made In Texas’ brand is more powerful than ever before,” Abbott said.
Additionally, Wagners has received an over $1.7 million Texas Enterprise Fund (TEF) grant, according to Abbott’s office.
Wagners was founded almost 20 years ago as a developer of fiberglass reinforced plastics.
Today, the company supplies composite fiber materials for a variety of infrastructure projects in Australia, the United States of America, New Zealand, Malaysia and the United Arab Emirates.