Governor Greg Abbott has announced that TMEIC Corporation Americas will be developing a new manufacturing facility in Waller County. The facility is set to manufacture uninterruptible power supplies and medium voltage drives. A Texas Enterprise Fund grant of $368,838 has been allocated to the company for the project, which is expected to produce 62 new jobs initially and create over $65 million in capital investment.
“Texas is where advanced manufacturing and innovation in the energy industry intersect to power homes, businesses, and the Texas economy,” stated Governor Abbott. “This $65 million investment by TMEIC in Waller County will create 62 good-paying jobs for hardworking Texans—and that's just the start. Thanks to our skilled and growing workforce and welcoming business climate, we continue to attract job-creating investments from around the world. I congratulate TMEIC on their commitment to advancing Texas-based manufacturing, and I look forward to their continued success as we build a stronger, more prosperous Texas than ever before.”
TMEIC provides comprehensive industrial solutions on a global scale, offering services such as automation, motors, photovoltaic inverters, and variable frequency drives. The corporation, headquartered in Tokyo, Japan, was established in 2003 from the merger of industrial systems departments of Toshiba Corporation and Mitsubishi-Electric Corporation.
"Collaboration with the State of Texas and Waller County has been instrumental in facilitating our decision to invest in this region by fostering a pro-business environment and a robust manufacturing ecosystem," commented Manmeet S. Bhatia, President and CEO of TMEIC Corporation Americas. "We deeply appreciate the state and county support of this project, which includes an award from the Texas Enterprise Fund and a local property tax abatement."
Waller County Judge Trey Duhon expressed his satisfaction, stating, “We are pleased to welcome TMEIC’s expanded investment in Waller County. They are an impressive company as a partnership between Mitsubishi and Toshiba, two of the most well-known Japanese companies in the world. I also want to thank Governor Abbott's Texas Economic Development & Tourism Office for their help in supporting this great project.”
“This is a great win for Waller County and the State of Texas,” remarked Vince Yokom, Executive Director of the Waller County Economic Development Partnership. “It's a strong testament to Governor Abbott's working relationship with the Tokyo Municipal Government and his commitment to supporting local economic development efforts through the Texas Enterprise Fund.”
Texas has been a top destination for foreign direct investment (FDI) for two decades, with Japan being one of the major contributors in terms of job creation from FDI projects in the state over the last ten years. Governor Abbott led an economic mission to Tokyo in July 2024, and a Statement of Mutual Cooperation was signed between his office and the Tokyo Metropolitan Government's Bureau of Industrial and Labor Affairs in 2020 to assist Tokyo enterprises in expanding to Texas.
For further details on TMEIC Corporation Americas, additional information is available.
