Texas will invest $300,000 through the Texas Enterprise Fund (TEF) in SIPCO Mechanical Linkage Solutions to support the production and manufacturing of its product lines. SIPCO is a provider of power transmission, motion controls and engineered products for the wind, solar, oilfield, material handling and other heavy industries.
‘When looking to expand and implement our manufacturing component, SIPCO looked for a community with access to a wealth of resources essential in attaining our goals of providing customers with a quality stream of supply,’ says Raul A. Martinez, CEO of SIPCO.
TEF is part of a statewide initiative to invest in job creation that will benefit the economy, attracting businesses to the state, according to the company.
SOURCE: SIPCO
