Archive for June, 2011

Emerson Moves Division Headquarters to Round Rock

Emerson Process Management, a global business of Emerson, has finalized its purchase of Frontera Vista at La Frontera in Round Rock. The property includes 278,860 square feet of office space and a parking garage on a corporate campus. Emerson will move 750 highly skilled, professional employees, and expects to create another 125 positions over the next three years. Emerson also expects to occupy 10,000 room nights annually at area hotels.

The facility will house the international headquarters and technology center for Emerson Process Management, which delivers automation technologies and services to the chemical, oil and gas, refining, pulp and paper, life sciences and other industries.

Click here to read the complete article.

Congratulations to Monahans and the Monahans EDC

Village Farms Expands U.S. Greenhouse Operations

Village Farms is expanding its production facilities with the construction of its fifth greenhouse built in the State of Texas, and will be based on the Company’s innovative proprietary technology termed; GATESTM, and is expected to begin production in early 2012.  Phase one of the Monahans greenhouse will incorporate a 30-acre production greenhouse in addition to various other service buildings including an advanced technology packing, sorting, and distribution facility. The long term plan is to build a total of 120 acres, on the 320 acre site. The Monahans greenhouse will initially employ 80 to 100 people and bear a capital cost of approximately US$42.0 million, which includes certain infrastructure improvements for future phases. Each consecutive phase would contribute approximately 30 acres of production area.

The complete press release can be viewed here.

The Wall Street Journal on Job Creation Lessons from Texas

A Wall Street Journal editorial in Friday’s addition highlights comments from Richard Fisher, President of the Federal Reserve Bank of Dallas that 37% of all net new jobs since the start of the recovery have been created in Texas.

Click here to read the article.