Bhan-💼 BREAKING: Governor Greg Abbott Announces $150 Million Investment from Formosa Plastics — A Major Boost for Texas Jobs and Economic Growth 🌟🏗️
Jackson County, TX — In a powerful display of Texas’ growing industrial strength, Governor Greg Abbott announced today a $150 million investment by Formosa Plastics Corporation to build a new state-of-the-art facility in Jackson County. The plant will produce C6 feedstock, a key material used in polyethylene manufacturing — a cornerstone of the modern plastics and packaging industry.
Abbott called the project a “milestone for Texas manufacturing” and a “testament to the state’s business-friendly climate, workforce talent, and global competitiveness.”
“When companies like Formosa Plastics choose to expand here, it’s proof that Texas remains the best state in America for opportunity and innovation,” Abbott said at the press event.
“This investment means more jobs, stronger communities, and a future built right here in Texas.”
The $150 million facility will not only enhance local manufacturing capacity but is also expected to create hundreds of skilled jobs during construction and long-term operations. Local officials praised the move as a vital economic spark for Jackson County and the Gulf Coast industrial corridor, which has become a hub for advanced materials and energy innovation.
Formosa Plastics, one of the world’s leading petrochemical manufacturers, stated that this expansion will increase the company’s ability to meet rising global demand for polyethylene — a material used in countless everyday products from food packaging to automotive components.
“Texas offers the infrastructure, workforce, and support that companies like ours need to grow,” said a Formosa spokesperson. “This new facility will strengthen both our operations and our commitment to sustainable, high-quality production.”
The announcement continues a string of major industrial investments across Texas, reinforcing the state’s position as a top destination for domestic and international capital. In 2024 alone, Abbott’s office reported billions in manufacturing commitments spanning energy, semiconductor, and chemical sectors.
Economic experts note that the investment aligns with Abbott’s long-term vision to expand Texas’ global leadership in energy and materials, while driving regional job growth and innovation.
“This is exactly the kind of project that sustains Texas’ economic momentum,” said economist Laura McKenzie of the Texas Business Council. “It’s not just about one factory — it’s about building the foundation for decades of prosperity.”
With construction set to begin later this year, the project marks yet another win for a state that continues to lead the nation in job creation, industrial development, and economic resilience.
“Texas is open for business — and we’re just getting started,” Abbott concluded. 🌟
Jackson County, TX — In a powerful display of Texas’ growing industrial strength, Governor Greg Abbott announced today a $150 million investment by Formosa Plastics Corporation to build a new state-of-the-art facility in Jackson County. The plant will produce C6 feedstock, a key material used in polyethylene manufacturing — a cornerstone of the modern plastics and packaging industry.
Abbott called the project a “milestone for Texas manufacturing” and a “testament to the state’s business-friendly climate, workforce talent, and global competitiveness.”
“When companies like Formosa Plastics choose to expand here, it’s proof that Texas remains the best state in America for opportunity and innovation,” Abbott said at the press event.
“This investment means more jobs, stronger communities, and a future built right here in Texas.”
The $150 million facility will not only enhance local manufacturing capacity but is also expected to create hundreds of skilled jobs during construction and long-term operations. Local officials praised the move as a vital economic spark for Jackson County and the Gulf Coast industrial corridor, which has become a hub for advanced materials and energy innovation.
Formosa Plastics, one of the world’s leading petrochemical manufacturers, stated that this expansion will increase the company’s ability to meet rising global demand for polyethylene — a material used in countless everyday products from food packaging to automotive components.
“Texas offers the infrastructure, workforce, and support that companies like ours need to grow,” said a Formosa spokesperson. “This new facility will strengthen both our operations and our commitment to sustainable, high-quality production.”
The announcement continues a string of major industrial investments across Texas, reinforcing the state’s position as a top destination for domestic and international capital. In 2024 alone, Abbott’s office reported billions in manufacturing commitments spanning energy, semiconductor, and chemical sectors.
Economic experts note that the investment aligns with Abbott’s long-term vision to expand Texas’ global leadership in energy and materials, while driving regional job growth and innovation.
“This is exactly the kind of project that sustains Texas’ economic momentum,” said economist Laura McKenzie of the Texas Business Council. “It’s not just about one factory — it’s about building the foundation for decades of prosperity.”
With construction set to begin later this year, the project marks yet another win for a state that continues to lead the nation in job creation, industrial development, and economic resilience.
“Texas is open for business — and we’re just getting started,” Abbott concluded. 🌟
