Gov. Perry Announces TEF Investment Bringing More Than 390 Jobs to Paris
Gov. Rick Perry announced the James Skinner Baking Co. is creating a new bakery production facility in Paris, along with 393 jobs and $25 million in capital investment. The state is providing $1.8 million through the Texas Enterprise Fund (TEF) to close the deal on this job creation. The governor was joined by company President Audie Keaton, Paris Mayor Dr. A.J. Hashmi and State Rep. George Lavender for the announcement.
"Today's announcement is the product of hard work from the James Skinner Co., officials here at the local level and hard-working Texans across our state who have made the phrase ‘Made in Texas' a worldwide mark of quality and dependability," Gov. Perry said. "While the Texas Enterprise Fund helped us close this deal, it's these investments paired with the strength of our workforce and our commitment to the conservative fiscal principles that are the foundation of our economy that make the real difference when the decision is made to expand or relocate."
James Skinner Baking Co. supplies more than 200 million pastries and baked goods per year to customers throughout the U.S. Its products are offered under the Skinner brand and other branded and private label names to store bakeries, foodservice companies and distributors. The company also specializes in co-packing for contract food manufacturers.
"With a focus on moving forward, J. Skinner has partnered with the people of Paris, Texas and plans to acquire the 390,000 sq. ft. multi-million dollar former Sara Lee bakery facility. J. Skinner's strategy to take artisan baking into new directions is a perfect fit for Paris," Keaton said. "Many Paris companies are pursuing innovative solutions in the foods industry. Food and consumer goods manufacturing and packaging is Paris, Texas, and they are willing and able to accommodate industry partners with a can-do attitude. With a commitment to the craft of baking and providing unforgettable eating experiences, J. Skinner will continue to be an industry leader within our category and Paris, Texas will be part of the recipe for success."
"On behalf of the citizens of Paris, we want to thank the James Skinner Baking Co. for believing in our community as the best location for their business expansion," Mayor Hashmi said. "We know that the competition for new jobs and capital investment is fierce across the country. The support extended by Gov. Perry's office through the Texas Enterprise Fund award literally closed the deal in our favor."
"The Skinner family has a long and successful business history with its pasta products, and now, J. Skinner is a leading manufacturer of high-quality baked goods with National market reach," Rep. Lavender said. We are proud to have their manufacturing presence in Northeast Texas."
The Legislature created the TEF in 2003 and has re-appropriated funding in every legislative session since then to help ensure the growth of Texas businesses and create more jobs throughout the state. TEF projects must be approved by the governor, lieutenant governor and speaker of the House. The fund has since become one of the state's most competitive tools to recruit and bolster business. To date, the TEF has invested more than $487 million and closed the deal on projects generating more than 66,094 new jobs and more than $17.4 billion in capital investment in the state.
For more information about the TEF, please visit http://www.texaswideopenforbusiness.com/incentives-financing/tef.php.
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