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Commissioners approve economic development grant agreement with Sumitomo for office building
Summary
Angelina County approved an economic development grant agreement with Sumitomo Machinery Corporation of America for construction of a $3.5 million office building at its existing facility; a local representative emphasized job and training benefits.
The Angelina County Commissioners Court on Jan. 7 approved a proposed economic development grant agreement with Sumitomo Machinery Corporation of America to construct an office building at its existing industrial gear manufacturing facility on U.S. Highway 69 North.
Scott Franks, who identified himself as an original founder and manager of Luftex (the business later sold to Sumitomo), told the court the new office would provide training space for employees and customers and improve the company’s ability to recruit office staff. The project was described in the agenda as an estimated $3,500,000 construction cost under a six-year agreement; commissioners voted to approve the grant arrangement.
Why it matters: the company said the project will provide local training facilities and reinforce the employer’s long-term presence in Lufkin, which proponents said would benefit county employment and bring periodic visitors for training events.
Next steps: county staff will finalize the grant agreement and monitor compliance with the terms of the six-year program.
