Florestone Products Company has chosen a site in Denison for an expansion of its California headquarters and main manufacturing plant. Their expansion will add approximately 70 new manufacturing jobs to the region’s economy with an initial investment of $6 million.

Company officials said that they expect their new 120,000 square foot facility to be completed by April 2005 and fully operational by June 2005.

“Florestone’s move to the region is a result of a total team effort with the Greater Dallas Chamber, the City of Denison, TXU and the state,” said Raleigh Roussell, president & chief executive officer, Quoin (The North Texas chapter of the Associated General Contractors) and an investor in the Greater Dallas Chamber's economic development fund, Dallas Regional Momentum. “Without everyone working as a team, this move might not have happened.”

“We are honored that the Flores family has chosen Denison for their first major manufacturing plant expansion out of California,” said Jerdy Gary, chairman, Denison Development Alliance. “We knew after our first meeting that this well-established operation was a premier company in their industry. Our team put together a very aggressive recruitment package that exceeded all their location requirements. We are looking forward to the completion of their project as we are confident that their expansion here will be a major factor in their continued growth and prosperity.”.

"Our low taxes, budgetary discipline, reasonable regulations, lawsuit reforms and educated workforce continue to make Texas a top destination for employers looking to expand, relocate and grow," Governor Rick Perry said. "Florestone's investment, job creation and commitment to excellence are a welcome addition not only to Denison, but the entire state of Texas."

“Florestone’s move to Denison further demonstrates that the Greater Dallas Chamber is a regional business alliance, “ said Norm Bagwell, president, Bank One Dallas and chairman of the Greater Dallas Chamber. “Businesses are relocating to this region because we have an excellent labor pool, we are business-friendly and our regulations are not as strict as other states for business. The Chamber is excited to welcome this great family-owned business to the region.”