February 26, 2024
ABILENE – An oil and gas company is partnering with the Development Corporation of Abeline on a $25 million expansion.
The project will allow Petrosmith to expand its production and operations and produce new products for upstream oil and gas companies. The expansion will add 250 skilled jobs to the existing 415.
The DCOA approved an almost $2.8 million incentive package for the expansion.
According to DevelopAbilene’s website, “This expansion taps into Abilene’s skilled labor force in the advanced manufacturing industry. With four universities, a technical college, a community college, and state-of-the-art training facilities for high school and college students, the community boasts the necessary education to support future needs.”