Lubbock Market Inc. has swayed two companies to move to Lubbock, creating a $5 million impact on our economy.
Care-Vu Corporation will receive a $300,000 grant from Market Lubbock Inc. to move from Dallas to Lubbock. It will create 60 new jobs immediately and 30 jobs in the next three years. Care-Vu creates software for hospitals and will be located off of West Loop 289.
The second company moving to Lubbock is owned by a former Texas Tech Football Player. Jim Zanios owns Zanios Food and right now it is the largest independent food distributor in New Mexico. It will create 15 new jobs and Market Lubbock plans for it to create 15 more in the future. That kind of growth in Lubbock is something Market Lubbock Inc says the city should be proud of.
"It's a great day in Lubbock, Texas, USA and it really is. If you look at a time when the national and state economies are on a downturn, Dallas has lost 30,000 jobs, Austin, about the same, and it's just great to be in a place where companies like this help the Lubbock economy continue to grow and prosper," said Kenny McKay, Director of Business for Market Lubbock Inc.
Zanios food will be located in downtown Lubbock. The jobs for both companies will be created within the next 90 days.