Champion Home Builders gets Enterprise Zone designation
Champion Home Builders, Inc. in Navasota received a Texas Enterprise Zone project designation for an application submitted by The City of Navasota. Pictured left to right (staggered): Navasota City Manager Jason Weeks, Navasota Mayor Bert Miller, Navasota
The Governor’s Office of Economic Development and Tourism (EDT) on May 23, announced the approval of a Texas Enterprise Zone project designation for an application submitted on behalf of Champion Home Builders Inc. by the City of Navasota.
The total capital investment for the project is estimated at $10.1 million. Champion Home Builders 270,0000 square-foot plant has been in operation since late 2021 and has already employed over 100 employees. The announcement noted that Champion Home Builders Inc. would enable the creation of a further 250 jobs in Navasota and Grimes County, ultimately impacting economic development within the region.
The project designation is effective until March 1, 2027, and Champion Home Builders, Inc. will be eligible to receive a refund from the state totaling up to $80,000 in state sales and use tax refunds as long as the guidelines for the project are met.
“I would like to thank the Governor’s office for approving the city’s application for this designation for Champion Homes,” said Navasota Mayor Bert Miller. “This will be an economic stimulus for Navasota and Grimes County, adding new jobs and capital investment to the property located in our industrial park.”
This is the first time since the Texas Enterprise Zone program has been established by the State, that the City of Navasota and Grimes County has ever nominated a business to be designated as an Enterprise Zone.
Champion Home Builders is proud to be in Navasota and Grimes County. “With the help of the community, and the Economic Development team in Navasota, we have had a successful startup in Plant 1 and continue to progress on our goals,” stated Scott Isom, Champion Home Builders General Manager. “We already employ over 100 local team members and expect to hire an additional 150 over the next year as we open Plant 2.”
Champion Home Builders is also grateful for the support from the County. Alongside the designation as an Enterprise Zone from the State, the Grimes County Commissioners also approved a Chapter 381 incentive agreement in May to help Champion Home Builders stimulate business and commercial activity within the County.
The Texas Enterprise Zone Program is an economic development tool by which local communities partner with the State of Texas to encourage job creation and capital investment in economically distressed areas of the state. For a business to receive benefits under the program, the local community must initially nominate a business to enterprise project designation.