Coffee Tech Industries will invest at least $56 million to build its new 112,000 square foot state-of-the-art headquarters and manufacturing facility on 33-acres in Seguin, Texas. The company plans to create at least 91 new jobs.
“We are delighted that CoffeeTech Industries has selected the City of Seguin and Guadalupe County to build their new headquarters and manufacturing facility. This project will help create excellent employment opportunities for our residents and help grow our economic base,” said Seguin Mayor, Don Keil.
According to Seguin Economic Development Corporation, CoffeeTech Industries’ state-of the-art instant coffee manufacturing facility will utilize advanced processing technology designed to deliver instant coffee at a quality comparable to fresh brewed coffee. CTI will bring 13 million pounds of capacity online for the business-to-business market.
CTI’s future facility in Seguin will contain processing, drying, and bulk packaging operations with allowance for future capacity and capability expansion. All coffee manufacturing by-products will be repurposed into safe, green, and environmentally friendly products, SEDC officials said. CoffeeTech expects to break ground on the project in late 2020, with operations commencing by 2022.
"Our global team is thrilled to be partnering with the leadership and citizens of Seguin as we take on the task of creating a step-change in the coffee industry with this state-of-the-art instant coffee manufacturing facility. We believe the city of Seguin and its surrounding areas provide just the right balance of location, workforce, and way of life to make CoffeeTech Industries a leader in the coffee industry," said CoffeeTech Industries CEO, Chad McNair.
In an effort to successfully recruit CoffeeTech Industries to Seguin, a local incentive package was considered and approved by the SEDC Board of Directors, the Seguin City Council, and the Guadalupe County Commissioners Court. Components of the local incentive package include a land grant by the SEDC and a partial tax abatement by the City of Seguin and Guadalupe County. In exchange for the local incentive package, CoffeeTech will commit to capital investment, job creation and payroll benchmarks.
“Seguin and Guadalupe County’s strategic location, pro-business government and diverse workforce make us an appealing option for businesses looking to locate,” said Kyle Kutscher, Guadalupe County Judge. “We take great pride in CoffeeTech making Seguin and Guadalupe County their future home and look forward to a long and mutually-beneficial relationship.”