Schneider expanding by 125,000 SF; hiring 200 in El PasoSchneider expanding by 125,000 SF; hiring 200 in El Pasohttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=33402014-08-18T10:21:00Z2014-08-18T09:55:00Z

EL PASO - Schneider Electric recently announced plans to hire 196 people to expand its operations, investing about $7 million for a new plant adjacent to its existing West Side location.

Schneider Electric will build a $2 million, 125,000-sf facility at 1601 Northwestern Dr. It will spend another $5 million for machinery and equipment.

Schneider Electric has been awarded an investment of $750,000 from the Texas Enterprise Fund that will fund the expansion. Those incentives are expected to include a ten-year abatement of 50 percent of propery tax.

The expansion will allow for the creation of 193 full-time permanent jobs in general manufacturing such as wiring and some skilled trades such as engineering.

Schneider officials said the average salary for the new jobs will be more than $35,600 a year, generating about $8.9 million in annual salaries. The company also said 90 percent of the new jobs will pay at least $11.03 per hour.

El Paso Times
El Paso
http://www.elpasotimes.com/News/ci_26109459/Schneider-Electric-to-expand-West-Side-El-Paso-plant-hire-nearly-200-peopleRead more at {Source}

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