From Paris To Texas: Louis Vuitton Arrives
TEXAS – Keene, Texas will be home to a new Louis Vuitton manufacturing facility. Louis Vuitton is a multi-billion dollar French company, part of the Paris-based LVMH Moët Hennessy Louis Vuitton SE conglomerate. Johnson County Commissioners Court has authorized a ten-year property tax abatement with 45 percent in the first year and 75 percent in the remaining years according to Order #2017-34. Judge Harmon stated, “the county economic development team, along with officials in the small town of Keene, worked to help draw the French-chic company over several months.”
The $20 million-dollar project will be built on more than 250 acres and is expected to provide anywhere from 100 to 500 jobs. The 100,000-square foot new plant is expected to break ground early next year with an anticipated opening date in 2019.
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