Feature Illustration: Rendering of the future CoffeeTech headquarters and manufacturing facility in Seguin. Courtesy of SEDC.
Seguin (Guadalupe County) — CoffeeTech Industries (CTI), a business-to-business supplier of a proprietary instant coffee product, will construct a 112,000-square-foot manufacturing plant, according to a joint government-corporate announcement released Wednesday.
The Seguin Economic Development Corporation (SEDC), the City of Seguin, and Guadalupe County announced that CTI will build its new state-of-the-art headquarters in the SEDC business park, on a 33-acre site between Eighth Street and Guadalupe Street, just south of Interstate 10.
CoffeeTech expects to break ground on the project in late 2020, with operations commencing by 2022. The VBX Project ID for this development is 2020-50EA.
The project will represent a total capital investment of at least $56 million and will result in the creation of at least 91 new jobs.
Seguin Mayor Don Keil said in the prepared statement, “We are delighted that CoffeeTech Industries has selected the City of Seguin and Guadalupe County build their new headquarters and manufacturing facility. This project will help create excellent employment opportunities for our residents and help grow our economic base.”
CoffeeTech Industries was founded by veteran coffee industry executives with the desire and know how to build a company that applies innovative technology to disrupt the global coffee market.
CTI’s state-of the-art instant coffee manufacturing facility will utilize advanced processing technology and will be designed to deliver instant coffee at a quality comparable to fresh brewed.
CTI will bring 13 million pounds of capacity online for the business-to-business market. The future facility will contain processing, drying, and bulk packaging operations with allowance for future capacity and capability expansion.
All coffee manufacturing by-product will be repurposed into safe, green, and environmentally friendly products.
Chad McNair, the company’s chief executive officer, said “Our global team is thrilled to be partnering with the leadership and citizens of Seguin as we take on the task of creating a step-change in the coffee industry with this state-of-the-art instant coffee manufacturing facility. We believe the city of Seguin and its surrounding areas provide just the right balance of location, workforce, and way of life to make CoffeeTech Industries a leader in the coffee industry.
He thanked the mayor, County Judge Kyle Kutscher, SEDC Executive Director Josh Schneuker, members of the City of Seguin’s City Council, and members of the Guadalupe County Commissioners Court for their guidance and support during our site location process.
The effort to recruit CoffeeTech Industries to Seguin included passage of an incentive package by the SEDC Board of Directors, the Seguin City Council, and the Guadalupe County Commissioners Court. Components of the local incentive package include a land grant by the SEDC and a partial tax abatement by the City of Seguin and Guadalupe County.
In exchange for the local incentive package, CoffeeTech will commit to capital investment, job creation and payroll benchmarks.
Edited from the City of Seguin/SEDC news release.