AUSTIN – Governor Greg Abbott today announced that Optimus Steel, LLC (“Optimus Steel”) will establish a new rebar line and coil handling facility in Orange County, Texas.
Optimus Steel, a subsidiary of Aceros Turia, Inc., produces a wide range of high-quality wire rods, coiled rebar, and billets. The project will create 55 new jobs and $40 million in capital investment.
"I am excited that Optimus Steel has chosen Orange County as the home of their new rebar line and coil handling facility," said Governor Abbott. "Optimus Steel joins the ranks of thousands of other companies that have chosen to invest in Texas because of our low taxes, reasonable regulatory environment, and strong workforce. Texas continues to thrive thanks to companies like Optimus Steel who are helping us write our economic success story, and I'm proud to welcome this new facility to Orange County."
A Texas Enterprise Fund (TEF) grant of $485,000 has been extended to Optimus Steel, LLC.
“I am very excited about the possible expansion of Optimus Steel. Optimus Steel has been a long standing contributor to our community in many ways. From funding of our schools to employment of many of our local residents. The possibility of Orange County being chosen for this expansion could help in improving quality of life for many of our citizens not just in this community, but Orange County as a whole,” stated Robert Viator, Orange County Commissioner Pct. 4.
Former President Trump explained Wednesday in McAllen the details of the border wall. In which he said that there is massive amount of rebar used during construction.
With completion of this facility Texas will add another large steel manufacture to its economy which is currently the ninth largest in the world.