PORT LAVACA – Novus International Inc. will develop a $360 million plant on the INEOS Nitriles property along SH 185, south of Bloomington.
The global animal nutrition solutions company announced the project at the Victoria Economic Development Corp.'s annual meeting.
Work will start in 2019 and wrap up in 2020. The plant is expected to attract about $9 million in new residential investment over the next two decades.
Novus will bring 65 permanent full-time jobs to the facility. The plant will employ up to 600 workers at peak construction times.
Calhoun County agreed to a ten-year, 100 percent tax abatement, and Novus will donate $1 million to the county in 2019 and $700,000 in 2021.
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