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Store fixture firm idX Corp. will receive $360,000 from the Texas Enterprise Fund (TEF) for expansion of its recently acquired manufacturing facility in Cuero.
“This investment in idX will create 125 jobs for Texans, and pump $5.1 million in capital investment into the City of Cuero’s local economy,” said Texas Gov. Rick Perry.
St. Louis-based idX, a privately held store fixtures manufactuing giant, announced in early March it acquired the assets of Lancaster Industries, a maker of retail display fixtures and wood furnishings based in Cuero.
idX Corp. specializes in retail fixture manufacturing for leading national brands vendors around the world to develop ideal retail store environments using wood, metal, glass, laminate, veneer and acrylic. The Cuero facility will manufacture custom wood and metal display fixtures for idX sister companies.
“idX continues to build its position as the industry’s leading fixture supplier, and our new Texas division expands our geographic footprint in North America, which is important to us and to our customers,” idX CEO Terry Schultz said.