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Home > News > Oxane to locate in Van Buren; possibly add 300 jobs

December 29th, 2009

Oxane to locate in Van Buren; possibly add 300 jobs

Abstract:
Houston-based Oxane Materials announced Monday (Dec. 28) it will locate in Van Buren its first manufacturing plant to produce a new proppant developed with nanotechnology developed by Rice University.

The company will initially invest $15 million in the plant and hire up to 50 by summer 2010. Expansion plans "anticipated through 2014" could bring an additional $32 million investment and total employment of 300.

Source:
thecitywire.com

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