Two Greater Houston-area companies are planning to relocate to Tomball in 2016 and bring more than $2 million in economic benefits to the city over the next five years.
During its Dec. 7 meeting, Tomball City Council unanimously approved the allocation of $111,000 to Rock Materials and $72,000 to White Horse Technology LLC in economic development incentives from the Tomball Economic Development Corporation. The companies plan to use the economic incentive funding to assist in the creation and retention of primary jobs.
Rock Materials, which provides natural stone and masonry materials for homebuilders and individuals, plans to relocate in August from Spring Cypress Road to a 6.7-acre tract on the south end of Theis Lane, Vice President Ron Proctor said. The company plans to double its space with the relocation and expand operations to serve more individual homebuyers in addition to its wholesale materials for homebuilders, he said.
“We’ve been growing, so we have a need for a little more room and space,” Proctor said. “We searched the area, and we found a location and property size that fit nicely with what we do.”
The company plans to develop an estimated 10,000-square-foot warehouse and 6,000-square-foot office building with a total project investment of $3.8 million, TEDC Executive Director Kelly Violette said. Rock Materials will relocate 35 of its employees and create two new positions within the first two years of operation. The company’s estimated five-year economic benefit to the city is $807,000, she said.
In addition, White Horse Technology LLC, which offers a patented thermal spray technique to increase longevity for oilfield equipment, plans to relocate from Garrett Road in Houston to South Cherry Street in late February or early March, said business development Manager and co-owner Brandon Burgan.
The company will move into a new 10,000 square foot section of the existing Devasco International Inc. building in Tomball with a total investment of $2.9 million, Violette said. Both White Horse Technology and Devasco International are co-owned by founder Joe Scott.
“They will be relocating nine employees,” Violette said. “They anticipate adding 15 new employment positions within first two years of operation. Our economic impact analysis shows $1.5 million for five-year net benefit to the city.”
The company plans to add a new 30,000-square-foot building for White Horse Technology on the 6-acre Devasco property in the next few years, Burgan said.