Eastman to invest $1.3B in Longview expansion facility
Posted/updated on: March 27, 2024 at 5:08 am
LONGVIEW – It was announced on Monday that Eastman Chemical Company plans to invest $1.3 billion in expanding their Longview facility. According to our news partner KETK, the City of Longview has been named as the location for Eastman’s second U.S. molecular recycling facility, which is expected to add more than 200 full-time jobs. City of Longview Mayor Andy Mack said the additional positions will have an average annual salary of $92,000. In a release, it was said the Longview site was selected due to synergies with existing infrastructure, operations and the location also has enough space for on-site renewable energy.
“We are excited to announce this next step in our commitment to our circular strategy with the decision to locate our second U.S. molecular recycling facility at our existing site in Texas,” Eastman Board Chair and CEO Mark Costa said. “We have decades of history successfully operating in Longview, and this will be a great investment for the local community.”
“This facility will mark the single largest capital investment in the Longview area in LEDCO history,” the city said in a release.
