Lefko USA Inc.—a Canada-based manufacturing company—is expanding into a new facility in New Braunfels at 2625 Goodwin Lane.
The new 70,000-square-foot facility will serve customers in Mexico and the Southern United States area and manufacture custom blow-molded plastic parts, components and products, as previously reported by Community Impact.
New Braunfels City Council approved two resolutions recommending its economic development corporation, or NBEDC, authorize an incentive not to exceed $950,000 for Lefko USA, Inc. and nominating the company for Enterprise Zone Project designation under the state’s Texas Enterprise Zone Program on Aug. 25.
Some details: The Texas Enterprise Zone Program is a state-level economic development tool that provides a rebate of state use and sales tax for companies that meet certain investment and employment thresholds, said Jeff Jewell, director of economic and community development. The program is designed to encourage private-sector investment that directly supports community economic development priorities. Jewell said the program makes Texas communities more competitive in site selection.
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