A potential chemical plant expansion could provide a $100 million+ boost to the economy.
The Jefferson County Commissioners Court has approved a property tax agreement, including an abatement, with Arkema Chemicals.
The agreement provides tax incentives to the company for its roughly $115 million potential expansion on Gulf States Road in Beaumont, Texas, according to the county judge's office.
It would create at least a dozen new jobs and help guarantee well-paying jobs for more than 120 employees.
The company makes ingredients used in a number of products, including pesticides, animal feed and pharmaceuticals.
"When you talk about money rolling into our communities, subcontractors, contractors, this is what it's about," Precinct 4 Commissioner Bo Alfred told KFDM/Fox 4 News. "This Commissioners Court has been, what we call, business friendly."
Read full story from KFDM/Fox 4 News.
