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Tuesday, July 8, 2014 - 9:41pm
El Paso, Texas (KDBC) — An electric distribution equipment company is expanding in El Paso, promising to bring almost 200 new manufacturing jobs to the city.
Governor Rick Perry Tuesday awarded Schneider Electric a Texas Enterprise Fund investment of $750,000.
Schneider says the investment will allow them to hire 193 workers and also build a second facility next door to their current one off of Interstate 10 in west El Paso.
The company builds things like electrical switchboards. Most of the jobs will pay about $35,000 a year.
"If you're currently going to school for an engineering degree of things like that go ahead and start looking at us for that. We'll be working with UTEP and EPCC and different schools throughout the community," said Tony Hartley, the plant manager in El Paso.
The state's agreement is contingent upon a local incentive offer which will be discussed at next week's city council and commissioners court meetings.
The local incentive includes a 50 percent reduction in property taxes over the next 10 years.