Vinton Steel invests in Borderland

VINTON, Texas (KVIA) -- Greg Abbott took a trip to El Paso this afternoon and announced a big economic development happening in Vinton.

Vinton Steel is investing $250 million to expand the location, adding more jobs and business opportunities for the area. The Village of Vinton, El Paso County, and State of Texas will provide tax incentives. Governor Abbott was present for the announcement of the investment.

Abbott said he hopes that this investment can bring more projects like this to the El Paso area, a region he believes is ripe with opportunity.

"We want the entire El Paso region to experience the same economic growth that you see in Houston and Dallas and Austin," Abbott explained. "El Paso ranks right at the top of our vision of what the future of the state of Texas is going to look like for economic development."

Editor's Note: A previous version of this story incorrectly stated that Texas made a more than $250 million investment into Vinton Steel.