One of the country's larger thermoformers is spending $27 million to relocate its headquarters from Oregon to Texas.
The move by D6 Inc. will create 231 jobs in Sulphur Springs, Texas, and is being called "a major economic boon to northeast Texas" by Texas Gov. Greg Abbott.
D6, is relocating its headquarters from Portland, Ore., and will receive a state grant of $1.43 million to help with the project.
D6 has a network of locations in North America as well as locations in Asia, Europe and the Middle East, according to a map on the company's website. D6 relies on recycled PET as well as other resins to create new clamshell packaging.
CEO Edward Dominion said in a statement his company "will build the first fully closed loop recycling site for single-use PET clamshells in Sulphur Springs."
"We know this will boost our economy by providing new investment. We also appreciate that these jobs will be paying higher than the average weekly wage," Robert Newsom, Hopkins County judge — a job similar to that of a chief administrator — said in a statement.
Dominion could not be reached for additional comment Oct. 18.
D6 was No. 23 in Plastics News' most recent ranking of North American thermoformers with sales of $120 million, nine plants and 98 production lines, according to information provided by the company.