New Methanol Plant may help boost Pampa economy - KFDA - NewsChannel 10 / Amarillo News, Weather, Sports

New Methanol Plant may help boost Pampa economy

Posted: Updated:

After three years of being closed, Celanese near Pampa is set to re-open as a methanol plant.

When the gates to the old Celanese plant reopen in 2014, the location will have a new purpose and will help bring life back to Pampa.

"Local businesses and companies are growing and expanding. We've had new businesses coming to Pampa, new companies... It's all really exciting," said Clay Rice, the Executive Director of Pampa's Economic Development Corporation.

Adding to that excitement is the development of a new methanol plant. G2X Energy based out of Houston started construction in January.

By June 2014, they expect the first phase of the plant to be up and running. The company is looking to fill 40 jobs once construction is complete, but with that, millions of dollars could be heading into the Pampa economy.

"There's about 150 or 155 million dollars of direct and indirect investment going into the economy," said Matt Whitaker, the Vice President of G2X Energy. "It's pretty substantial for the community," he added.

Rice says the construction and money from this project will help boost the local economy and contribute to the growth of the area.

"Added diversification, more jobs, good paying jobs, it's just something that the community loves to see any time we can have something like that occur here," Rice said.

Currently, there are over 300 construction jobs that have been created and filled to get the new methanol plant complete.

Colleen Nelson - NewsChannel 10.

  • Today's Local News HeadlinesToday's Local NewsMore>>

  • Single car wreck kills one man

    Single car wreck kills one man

    Saturday, August 30 2014 11:59 PM EDT2014-08-31 03:59:01 GMT
    One man is dead after a single car wreck on I-40.Police say Aaron Clay Crawford, 26, died after he was ejected from a vehicle Saturday afternoon.
    One man is dead after a single car wreck on I-40.Police say Aaron Clay Crawford, 26, died after he was ejected from a vehicle Saturday afternoon.
  • One dead after motorcycle wreck

    One dead after motorcycle wreck

    Saturday, August 30 2014 11:58 PM EDT2014-08-31 03:58:14 GMT
    Around 3 p.m. Saturday, a man was pronounced dead after a wreck involving two motorcycles. Police say two men were traveling south on the Canyon E-way near the Hillside exit when one of the motorcycles stuck the back of a Toyota Camry. One male killed and the other motorcycle driver was taken to the hospital. Both the driver and the passenger in the Toyota were also taken to the hospital with minor injures.
    Around 3 p.m. Saturday, a man was pronounced dead after a wreck involving two motorcycles. Police say two men were traveling south on the Canyon E-way near the Hillside exit when one of the motorcycles stuck the back of a Toyota Camry. One male killed and the other motorcycle driver was taken to the hospital. Both the driver and the passenger in the Toyota were also taken to the hospital with minor injures.
  • Community helps support para-athletics in Amarillo

    Community helps support para-athletics in Amarillo

    Saturday, August 30 2014 8:43 PM EDT2014-08-31 00:43:42 GMT
    Back in February we introduced you to Emilee Hibish, now a Senior at River Road High School. For years she was forced to sit on the side line watching her friends compete in sports because she was wheelchair bound. 
    Back in February we introduced you to Emilee Hibish, now a Senior at River Road High School. For years she was forced to sit on the side line watching her friends compete in sports because she was wheelchair bound.