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    News Center for Conroe, TX EDC

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    Memstar USA Becomes Latest Company to Enter Conroe Park North main photo

    Memstar USA Becomes Latest Company to Enter Conroe Park North

    August 2, 2017

    Memstar USA recently announced that it selected Conroe for the company’s first United States plant. Memstar USA, part of Beijing, China-based Citic Environmental, will construct a 40,500 square foot manufacturing facility on 10 acres inside Conroe Park North.

    The plant will produce reverse osmosis membranes for water filtration and desalination. The products made in Conroe will be shipped around the world to countries in need of purified water, such as China and India.

    Memstar USA expects to initially employ 35 people with a $3 million payroll. Long-term goals for the company are to employ 80 people with a payroll close to $5 million. The projected capital investment of the project is nearly $31 million.

    When deciding where to build their first U.S. facility, Memstar USA focused on Texas due to the state’s advanced infrastructure. The Houston region, in particular, was desirable because of the Port Houston. With many products being shipped overseas, a thriving port was advantageous for the company.

    Once Memstar USA locked in on the Houston region, the Conroe Economic Development Council (CEDC) made their pitch to the company. The CEDC was able to offer a location within Foreign Trade Zone #265 and a competitive tax abatement program, helping Memstar USA maximize its investment, and select Conroe over another local municipality. These economic incentives, in addition to the thriving Conroe economy and available land, were ample reason for Memstar USA to choose Conroe for their first U.S. plant investment.

    Foreign investment has been an emphasis for the CEDC in recent years. Memstar USA becomes the latest company with international roots to build inside Conroe Park North. Galdisa USA, a subsidiary of Galdisa Mexico, and ICOTEX, a joint-venture between German-owned Jungheinrich and Mitsubishi Caterpillar Forklift America, recently constructed new facilities in the park.

    The Conroe EDC also recently participated in the SelectUSA Investment Summit, the highest-profile event dedicated to promoting foreign direct investment (FDI) in the United States.

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    Fast Fact Photo
    Buske Logistics

    Buske Logistics project in Conroe Park North

    “The existing infrastructure in and around Conroe Park North creates a smart investment for us because the structure is there. The economics make sense versus competing parks in the area.”

    John Babington, Buske President and Owner

    Buske Logistics
    Fast Fact Photo
    VGXI

    VGXI project in Deison Technology Park

    “I cannot tell you how many people in Conroe have told us, ‘VGXI is exactly what we've been searching for to lead Deison Technology Park.’ We could not have accomplished this without the CEDC staff. Conroe has been so welcoming. It fills us with pride.”

    Dorothy Peterson, VGXI Chief Operating Officer

    VGXI
    Fast Fact Photo
    Texas Tissue

    Texas Tissue project in Conroe Park North

    “Conroe had the available land and the necessary resources to build what we needed. And from a labor standpoint, Conroe is an attractive market to recruit talent. People want to live and work there.”

    Joe Suarez, Texas Tissue Chief Financial Officer

    Texas Tissue
    Fast Fact Photo
    Eleet

    Eleet Cryogenics project in Conroe Park North

    “Conroe Park North has everything we need. The infrastructure is in place, the Park is very well maintained, and we can be close to our customer base. I thought to myself on that first visit, ‘This is where I want to be.’”

    Garry Sears, Founder and President/CEO of Eleet Cryogenics, Inc. 

    Eleet
    Fast Fact Photo
    AFW

    American Furniture Warehouse project in Conroe

    “Conroe checks all the boxes for what we look for when we expand: accessibility to land, infrastructure, and people. The CEDC listened to our needs and moved quickly to connect us with important resources, and the City of Conroe has been incredibly hospitable.”

    Nolan Morrison, American Furniture Warehouse Executive

    AFW
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    Conroe Economic Development Council 936.522.3530 (phone) 936.756.6162 (fax) info@conroeedc.org 300 W. Davis St, Ste 510 Conroe, TX 77301
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