Waco Economy Brings Recovery, Long List of Industrial Developments in 2021 | News from local businesses
Knauf Insulation has chosen McGregor Industrial Park for a new manufacturing facility. The German company is erecting a 600,000 square foot hub to manufacture and distribute building materials, which is expected to employ more than 150 people at full capacity.
Mississippi-based Hesselbein Tire Southwest will set up a $ 17 million, 259,000 square foot distribution center near Texas State Technical College. Hesselbein wholesale tires to retailers.
Uzin Utz North America, another German company that found Waco attractive, won the tongue twister award. It opened a $ 34 million facility in June where crews have to do their best to make grout for tile installation, as well as patching and self-leveling compounds.
Construction continued on the $ 250 million, 700,000-square-foot Amazon distribution center on Exchange Parkway, according to officials at the facilities company, which would employ at least 1,000 people earning at least $ 15 from l hour, plus fringe benefits. Initially, Amazon said the center would open in 2021, but Collins of the chamber said delivery of the equipment has been hampered by supply chain issues.
Elsewhere, Mars Wrigley is investing $ 58 million in its Waco candy factory. Cargill will add deli capacity to its Lake Shore Drive operation, creating 125 new jobs. SpaceX, meanwhile, made headlines when it announced it would set up a $ 150 million factory in McGregor to make Raptor engines, the driving force behind Musk’s vision to colonize Mars.