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New Braunfels Selected as Site of New CGT Manufacturing Facility Announces Governor Abbott | Reid & Associates

New Braunfels Selected as Site of New CGT Manufacturing Facility Announces Governor Abbott

January 5, 2016 – The Greater New Braunfels Chamber of Commerce announced today that New Braunfels, Texas has been selected as the site of CGT U.S. Limited’s new manufacturing facility, as released today by Governor Greg Abbott. CGT anticipates creating at least 275 jobs and $80 million in capital investment in the State of Texas. The project will reshore part of the company’s manufacturing from China and increase North American capacity. A Texas Enterprise Fund (TEF) grant offer of $2 million has been extended to CGT. read more