Petrosmith to invest $25M expanding Abilene, Texas operations, creating 250 jobs

Petrosmith, an oil and gas production equipment manufacturer in Abilene, Texas, will invest $25 million over ten years to expand operations, creating 250 new jobs and retaining 415 existing jobs, supported by a $2.75 million DCOA incentive package.

“Over the next ten years, the company will invest $25 million in this expansion project.”developabilene.com

• 1 source
• developabilene.comThe Development Corporation of Abilene Announces Petrosmith’s $25 Million Investment to Expand Operations in Abilene, Texas | Development Corporation of AbileneDec 7, 2023

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