The City of Corsicana and Audubon Metals LLC have announced that Corsicana will be the location of a new manufacturing facility for the Henderson, Kentucky based company. Audubon Metals Texas LLC will be a secondary aluminum producer and metals processor to be located in Corsicana, Texas.

Corsicana was selected after an exhaustive search of numerous sites in Texas and Louisiana coordinated by real estate brokers Terry Warth, SIOR, and Chris Gutierrez, CCIM. Audubon’s chosen site, a 95-acre rail served parcel in Corsicana’s Highway 31 Industrial Park, is perfectly situated to bring in raw materials and ship out finished goods. The City, Navarro County and Navarro College will incentivize the project using a tax abatement formula. In addition to the local and state support from a competitive financial incentive package, the availability of the federal New Markets Tax Credit Program weighed heavily as a determining factor in Audubon choosing the Corsicana community, which is located in a NMTC Qualified Census Tract.  HRH Community Capital has been engaged to advise Audubon in the NMTC Program and arrange the NMTC financing.

Audubon Metals has been in operation for more than twenty years from a single site facility in Henderson, Kentucky. Audubon is owned by Koch Enterprises, Inc. headquartered in Evansville, Indiana. The unique process utilizes automobile shredder residue (Zorba) to produce secondary aluminum alloys for the manufacture of die castings, in compliance with all federal, state, and local environmental regulations.

“Audubon offers a critical step in the recycling of metals to be re-used for manufacturing of new products,” said Brian Hawkes, company President. “With a production facility in Corsicana, Texas we will be better positioned to serve our existing customers and to expand into additional markets. We are all excited to be a part of this community, where it has become evident that our core values are aligned.”

Mayor Don Denbow added, “Audubon was very thorough in their search. I am pleased they have found a good business partner in Corsicana. They will join a great lineup of companies that have recognized that Corsicana is a great place to do business.”

The permit application process should be completed in the coming weeks and facility construction will soon follow. Operations are expected to begin in early 2021.