A city board voted Thursday to enter an agreement with a company that will bring a cottonseed transloading facility to Levelland.
The agreement also commits the Levelland Economic Development Corporation to spend $1.6 million on new infrastructure at the Levelland Industrial Rail Park.
Penny Newman Grain Inc., which is headquartered in Fresno, Calif., has agreed to invest at least $5 million on a plant that will be built on 14.5 acres of land in the rail park.
It will be built on Lot 2, which is west of the Pipeline Plastics plant and next to a track that comes into the park from the northeast.
As part of the performance agreement, the company will employ at least six people with a payroll of not less than $250,000 a year, said Erik Rejino, interim executive director of the LEDC.