HillCo Partners celebrates with CesiumAstro in their recent announcement and congratulations from Governor Greg Abbott on their new facility and headquarters in Bee Cave, Texas. The company’s investment in Texas represents an investment over more than $500 million and the creation of more than 500 new jobs in the next five years.
Additionally, the Export-Import of the United States (EXIM) has approved a direct loan to CesiumAstro Inc. in support of its Texas expansion project that will generate jobs. The $185 million financing includes the purchase of an existing facility, building improvements and the procurement of equipment.
The project is the latest approval under EXIM’s Make More in America Initiative (MMIA), designed to revitalize U.S. manufacturing and secure critical supply chains. This is the largest instance of financing under this initiative.
“CesiumAstro’s investment in Texas helps further position our state as a global hub for the aerospace, aviation and defense industry,” said Governor Abbott. “I congratulate CesiumAstro on this significant expansion in the Austin area which will create hundreds of new, high-tech jobs for hardworking Texans. Partnering with industry leaders like CesiumAstro, Texas will continue to set the pace for innovation, technology, and advanced manufacturing in America.”
