New Plastics Product to be built in Kilgore, Texas, on Synergy Business Park Property

November 12 2012

Composite Fluid Transfer, LLC is moving against the stream of conventional pipe development. However, they hope their bold move will bring a downpour in profits as they settle into their plant in Synergy Park of Kilgore, Texas. The young company has spent the last 15 months perfecting a composite pipe they believe will revolutionize the water transfer industry. Throw in incentives and lease space in the industrial park from Kilgore Economic Development Corporation, and they may have a product that’s ready to flood the market. The start-up is still at six employees for now, but even gradual growth meant looking for a larger facility. The building near Kilgore EDC’s headquarters in Synergy Park was a perfect fit, according to John Ben Blackburn, a CFT principal. “Many of the principal (investors) work in Kilgore, and we all had a strong desire to support Kilgore,” Blackburn said. “We originally had a facility in Longview and outgrew it, so the move to Synergy Park was a good one. The facility was conveniently located, nice, it fit our needs and we have some room to grow. And that’s room we didn’t have to take on immediately.” For Kilgore EDC’s end, they supplied $20,000 in incentive reimbursements, which helped with finishing out office space. “That helped to make the rent more reasonable,” Blackburn said. “We’re expecting as we create more jobs here and grow our business, there would be more incentives,” he added. “That really helped us, to say, ‘Here’s a municipal partner who wants to help you.’ That sealed the deal for us.”

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