Houston Daily

Texas Governor Greg Abbott has announced the expansion of TMEIC Corporation Americas in Waller County. The company will establish a new facility for manufacturing uninterruptible power supplies and medium voltage drives. The expansion project, supported by a Texas Enterprise Fund (TEF) grant of $368,838, aims to create 62 jobs and attract over $65 million in capital investment in the region.

“Texas is where advanced manufacturing and innovation in the energy industry intersect to power homes, businesses, and the Texas economy,” Governor Abbott stated. “This $65 million investment by TMEIC in Waller County will create 62 good-paying jobs for hardworking Texans—and that's just the start. Thanks to our skilled and growing workforce and welcoming business climate, we continue to attract job-creating investments from around the world. I congratulate TMEIC on their commitment to advancing Texas-based manufacturing, and I look forward to their continued success as we build a stronger, more prosperous Texas than ever before.”

TMEIC, headquartered in Tokyo, Japan, specializes in industrial applications including automation, motors, photovoltaic inverters, and variable frequency drives. The corporation was formed in 2003 by the merger of the industrial systems departments of Toshiba and Mitsubishi-Electric Corporation.

According to TMEIC Corporation Americas President and CEO Manmeet S. Bhatia, “Collaboration with the State of Texas and Waller County has been instrumental in facilitating our decision to invest in this region by fostering a pro-business environment and a robust manufacturing ecosystem. We deeply appreciate the state and county support of this project, which includes an award from the Texas Enterprise Fund and a local property tax abatement.”

Waller County Judge Trey Duhon expressed support, “We are pleased to welcome TMEIC’s expanded investment in Waller County. They are an impressive company as a partnership between Mitsubishi and Toshiba, two of the most well-known Japanese companies in the world. I also want to thank Governor Abbott's Texas Economic Development & Tourism Office for their help in supporting this great project.”

Vince Yokom, Executive Director of Waller County Economic Development Partnership, added, “This is a great win for Waller County and the State of Texas. It's a strong testament to Governor Abbott's working relationship with the Tokyo Municipal Government and his commitment to supporting local economic development efforts through the Texas Enterprise Fund.”

Texas has been the top U.S. state and a leading global destination for foreign direct investment (FDI) over the past 20 years, with Japan playing a significant role in the job creation from these ventures in the last decade. In July 2024, Governor Abbott led an economic mission to Tokyo. Previously, in 2020, the Texas Economic Development & Tourism Office signed a Statement of Mutual Cooperation with the Tokyo Metropolitan Government to help Tokyo's small and medium-sized enterprises expand into Texas.