Lubbock expansions: 66 jobs, $66 million in investment Lubbock expansions: 66 jobs, $66 million in investment https://www.recenter.tamu.edu/news/newstalk-texas/?Item=182362017-11-03T05:00:00Z2017-11-03T22:40:00Z

​​​​LUBBOCK – The Lubbock Economic Development Alliance (LEDA) announced the creation of 66 new jobs and $66 million in capital investment.

The additional jobs and investment come as a result of the expansion of two local businesses.

X-FAB Texas Inc.​ expanded its operations to include the production of silicon carbide power devices. 

Now, Lubbock is the first six-inch silicon carbide foundry in the world. ​

The upgrade will create 50 new jobs related to Wide BandGap manufacturing with a total value added impact of $7.5 million.​

New Country Organics'​ expansion will include manufacturing of its organic feed. 

Currently, the Virginia-based company distributes organic feed from the “Hub City” to eastern and western portions of the United States. 

The expansion will create 16 new jobs and result in a capital investment of $1,182,000.

In order to begin manufacturing organic feed, New Country Organics refurbished its current location at 1413 Ave. B to meet organic production standards. 

New Feed Organics will officially begin manufacturing 160 different types of organic feed in late 2017. 

Once fully operational, the total value added impact will be $2,247,152 annually.​
Lubbock Economic Development Alliance

​See the full LEDA press release here.​

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