LEDA announces new jobs and capital investment projects in Lubbo - FOX34 Lubbock

LEDA announces new jobs and capital investment projects in Lubbock

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LUBBOCK, Texas -

The Lubbock Economic Development Alliance (LEDA)  is making big moves to provide jobs and capital for businesses big and small.

"We have things happening downtown, we have things happening up north of our community," said John Osborne, LEDA president and CEO. "We have things happening in the southern portions of our community as well." 

Wednesday afternoon LEDA announced 135 new jobs and $26 million in capital investment all from one company relocating to Lubbock. The expansion of three existing businesses, and the approval of 3 downtown grants.

"This the kind of growth that we need in this community that would keep our kids at home, that would keep some of the best and brightest at Texas Tech, at Lubbock Christian, at Wayland Baptist, at South Plains college here," said Lubbock mayor, Dan Pope. "That's why this makes sense. OK so when you pull away from this it's about good jobs, which means people can buy houses, they can buy cars, they can send their kids to school."

The Agriculture Division of DowDuPont plans to build a 30 thousand square foot office and laboratory facility, hoping to employ full time, part time,and seasonal tech jobs. SunGold Foods Inc is adding 21 employees to its operations. SitePro which deals in fluid management celebrates adding 34 jobs and now hopes to add 30 more in the coming months. Hydrite Chemical Co., a chemical distributor announced a capital investment of 19 million and 34 employees to its operations.

One of Downtown's newest projects is Two Docs Brewing Company, it will renovate an existing building in the cultural district with more than $800,000 worth of capital investment.

The LEDA board also voted in favor of two other renovation projects, lead by Concord Medical Group and LBK Property Group, both projects are located on Avenue Q. Osborne said LEDA and Market Lubbock are pleased with the growth and diversification of the cities economy as well as continued investment in downtown.

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