TX: Lane Enterprises to Invest $16.3M, Hire 21 at New Temple Mfg Facility
21 May, 2018
Temple Economic Development Corporation (Temple EDC) and Lane Enterprises, INC (Lane) announced the $16.3 million capital investment for a new manufacturing facility. The Temple facility will produce High Density Polyethylene Pipe (HDPE) and corrugated metal pipe (CMP). Lane will build on a rail-served, 21-acre site in the Temple Industrial Park and will create 21 new jobs with a $1.2M average annual payroll.
The Temple Economic Development Corporation Board of Directors approved a real estate agreement at their September 2017 board meeting.
“We are honored that Lane Enterprises chose Temple, Texas” said Charley Ayres, Temple EDC vice president. “The company has been a leader in manufactured products and services to the construction industry since 1934. We always welcome new jobs and new investment to help grow our City but it is an added value when you are able to attract a company that has integrity, loyalty, and reliability as part of its corporate culture”.
As a full-line manufacturer of corrugated metal and plastic drainage products, Lane Enterprises, Inc. operates several plants in the Mid-Atlantic and Northeastern States producing several types of buried structures for storm water management, water quality, small bridge application and the construction industry.
“Our Temple facility will be our first facility in Texas and our 12th facility in operation, said Patrick Collings, president, Lane Enterprises. We look forward to partnering with contractors, engineers, municipalities to serve customers from our new Central Texas location. The Temple facility will serve the growing Texas market as well as support Lane’s customers in Mexico.”
Temple, Texas, is a community with a diverse economic base that includes healthcare, distribution and warehousing, and manufacturing as its foundation. Within 200 miles of a population of 19 million, Temple is strategically located 39 minutes north of the Austin Metro Area on I-35, making it central within the Southwest U.S. marketplace. For more information, visit www.choosetemple.com.
About Lane Enterprises, Inc.
For over 80 years, Lane has been a profitable, decentralized, responsive supplier of manufactured products and services to the construction industry. Our success is achieved through our skilled manufacturing team that produces storm water and drainage solutions for residential, commercial, highway and industrial construction projects. Partnering with engineers, developers and municipalities, our professional sales team provides water management and water quality solutions to construction projects.
For more information about Lane Enterprises, Inc. and to learn about career opportunities, please visit www.lane-enterprises.com.