The fertilizer and seed company — a subsidiary of an international corporation — has upgraded with almost a million dollars of improvements over the last year and a half, with more plans for expansion, at its Brownfield location, 1500 Seagraves Hwy.
BIDCorp approved an incentive package worth up to $30,000 for CPS, aimed at reimbursing the company for any increased taxes it will owe to local entities. In the first year, BIDCorp will fund 100 percent of the tax increase, falling to 75 percent in the second year and 50 in the third. The total refund per year is capped to $10,000, according to an incentive contract obtained by the Brownfield News.
The payments will be made directly to the company in lieu of taxes owed to the Brownfield Independent
School District, Terry County, Terry Memorial Hospital District and the South Plains Underground Water Conservation District.
“We’re pleased to be able to help an already established local company to add to their facilities and their payroll and continue to make an economic impact on Brownfield,” said David Partlow, executive director of BIDCorp. “Retention and expansion of existing businesses is every bit as important as recruiting new businesses. CPS has a proven track record and a promising future.”
The company has responded to growth in the Ag industry over the last year with acquisitions and expansions. CPS has grown from eight employees to 22 employees since 2011, according to manager Shane Melcher. “Things are going really well for us and this investment that CPS has put into the facility shows how much confidence we have in Brownfield and Terry County and how much we want to remain a part of the community,” he said. “We’re excited about the future.”
Melcher, a Brownfield native, and his employees can all be excited about going to work each morning thanks to a brand new 3,000 square foot office building at the center of their Seagraves Hwy complex.
The new building allows for more comfortable working conditions for employees, as well as meeting room and conference space when needed. Also new is a 1,600 square foot workshop where vehicles and other equipment can be maintained year round without regard to the weather conditions outside.
CPS upgraded its railroad access line to handle more railcars, which delivers as much as 90 percent of the business’s liquid fertilizer each year. All of the company’s export leaves the plant by truck. A new automated dispensary system mixes and loads any chemical concoction ordered by ag producers. The computerized process automatically blends the exact right amounts and pours it into a waiting tank, corresponding to each truck load’s number in line.
The next expansion plans include extensive concrete work around the facility and the addition of a 50-by-90-foot chemical storage barn. “We appreciate the help we got from BIDCorp and the people of Brownfield,” Melcher said. “We’ve got a lot going on and this community is a great place for us to be for the long run.”
CPS, based in the U.S. in Loveland, Co. with international headquarters in Calgary, Canada.
Article courtesy of Brownfield News