FORT WORTH, June 21, 2022 – CanTex Capital welcomes leading steel processor, Andes Coil, to Fort Worth.
RE Journals, June 21, 2022
Andes Coil Processors, a leader in the steel processing and slitting industry, announced its expansion to Sylvania Industrial Park in Fort Worth. Sylvania Industrial Park, formerly the site of the American Manufacturing of Texas plant, was once a major manufacturing hub with thousands of workers producing billets and oil pump jacks. The manufacturing facility brings 30 to 50 new jobs and a $5 million capital investment to Fort Worth.
The company worked closely with CanTex Capital in the site selection process.
“Andes Coil Processors has experienced significant growth in the past 12 years in Lewisville, Dallas and Grand Prairie, and Fort Worth now adds significantly to that continued growth. Fort Worth offered the ease of access, a strong workforce, and quality of life we wanted for our team members. We can’t wait to get to work. We couldn’t be happier with our partnership with CanTex in the Sylvania Industrial complex, and with Fort Worth & Western Railroad,” said Andes Coil Processors President Howard Pena.
“Because of local partners like the Fort Worth Chamber and the Fort Worth and Western Railroad, we’ve been able to bring Andes Coil to Fort Worth.” said CanTex Capital COO Sam Cheema. “Rail-served properties are becoming harder and harder to come by, and FWWR worked diligently to make this deal happen. In addition to Andes, our team is very excited with all of the improvements at Sylvania Industrial Park. The manufacturing demand has been incredible and we’re seeing a lot of companies relocating to Fort Worth.”
