IDX to build new plant in Cuero
March 6, 2011 at 11:01 p.m.
Updated March 5, 2011 at 9:06 p.m.
To learn moreFor more information on IDX, visit the corporate website at www.idxcorporation.com
Another new businessIDX isn't the only business boost headed to the Crossroads.
Howco Oilfield Services broke ground on a new Yorktown facility in February, according to a company news release.
The project includes expansion of the former Baker Oil Tools site, according to the release. A new steel yard and 5,000-square-foot building will come into the mix, along with eight to 10 new jobs.
Once complete, the site will provide steel to locations in the South Central United States, Mexico and Canada.
Howco purchased the plant from Baker Oil Tools in May and, since then, has hired 53 additional employees.
An economic boost is headed to the Crossroads in the form of a new business.
IDX-San Antonio will soon open up shop in Cuero, Randall Malik, executive director of the Cuero Development Corp. said Sunday.
The St. Louis-based IDX manufactures retail fixtures, such as those seen in department stores, according to the company's website. Among others, its clients include GUESS by Marciano, Great Clips and The Vitamin Shoppe.
The incoming project means 30 short-term jobs and up to 100 permanent positions, Malik said.
"I think it's going to be a great company, and it's certainly very exciting for the city," he said. "We're very excited about IDX coming to Cuero."
The project had been in the works for some time, Malik said, because IDX also considered other sites throughout the United States.
Although there is no definite timeline, the company expects to begin production within a month.
IDX will call home the former Lancaster Industries location at 514 W. Sarah St.
Herb Lancaster started Lancaster Industries, which produced fixtures similar to what IDX will create. After IDX purchased the company, Lancaster became vice president of IDX-San Antonio, according to a St. Louis Business Journal article.
He will work out of San Antonio, where Lancaster has a 59,000-square-foot facility, according to the article.
The move is an exciting one for the Crossroads, Malik said.
"It's a large company," he said. "And we're certainly excited about an international company of their stature coming to Cuero."