Texas FDI Investments Grow At SelectUSA Investment Summit

8 Jul 2024


After five years of operations in Central Texas, the Acutronic Group announced at the 2024 SelectUSA Investment Summit it will substantially increase its presence in the region. Headlining the expansion is Acutronic’s plan to build a nearly 14-acre state-of-the-art aerospace manufacturing facility in Bastrop, TX and establish the City of Austin as the global headquarters for its Aerospace Components Division.

Acutronic has acquired 13.84 acres of land in the City of Bastrop, where it will build the only jet engine manufacturing facility in Texas and one of the only micro-turbine manufacturing plants in the U.S. The facility will generate at least 50 new high-skill and high-wage jobs. Acutronic will invest upwards of $4 million on its construction.

Acutronic’s newly renovated Aerospace Components Division headquarters in the City of Austin will host close to 100 employees. The headquarters, will house engineering teams, corporate staff, turbine test cells, and assembly space. It will also be the site of development for Acutronic’s actuator, turbine, and power systems product lines.

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