Maverick ramping up rigs, jobs in KilgoreMaverick ramping up rigs, jobs in Kilgorehttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=33052014-08-21T09:26:00Z2014-08-21T00:00:00Z

KILGORE - The Kilgore Economic Development Corporation has approved an incentive deal to help Maverick Well Services double in size over the next five years.

Maverick has committed to adding $9.5 million in personal property improvements and 30 new full-time employees. In return, KEDC will grant rebates up to $189,088 payable over the same time period.

The company also plans to double the number of rigs it operates, adding nine more over the next five years.

With a payroll of $300,000 a month, Maverick has turned its workhorse appearance into a thoroughbred presence in Kilgore. In addition to employees who spend their paychecks at home, the company’s yard falls in the city’s recent annexation along US 42, thus growing the city’s tax base.

Kilgore Economic Development Corporation
http://www.kilgore-edc.com/news/maverick-well-services-expands-kilgoreRead more at {Source}

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