Cancoil is bringing jobs to Jacksonville

JACKSONVILLE — Governor Greg Abbott has announced that Cancoil USA will build a new manufacturing facility in Jacksonville, a project expected to create hundreds of jobs and bring millions of dollars in capital investment to East Texas . According to our news partner KETK, Cancoil USA, a producer of heat transfer products says the new facility will serve as a cornerstone for the company’s U.S. operations.

According to Abbott, the project is expected to generate 120 new jobs and more than $28 million in capital investment. To support the expansion, the state has awarded Cancoil USA a $648,000 Texas Enterprise Fund grant, along with a $10,000 Veteran Created Job Bonus.

“Our decision to invest in Jacksonville reflects our confidence in the region’s skilled workforce and strong business climate,” Monika Datta, a Cancoil USA spokesperson said. “We look forward to building lasting relationships with the community and contributing to its economic vitality.”