Composite Piping Technology President B.G. Clark speaks this past week during a groundbreaking ceremony this past week at the site of the company’s planned facility in Kilgore.

KILGORE — Composite Piping Technology, along with city officials and Kilgore Economic Development Corp. staff, held a groundbreaking ceremony this past week at the site of the company’s planned facility.

In partnership with KEDC, Composite Piping Technology has purchased nearly 15 acres in the East Kilgore Industrial Park, where the company plans to build a 45,000-square-foot facility.

During the April 25 Kilgore City Council meeting, KEDC Executive Director Lisa Denton outlined the project, spotlighting a total company investment of $14.3 million with a commitment to create up to 39 new jobs.

“We’re excited to bring this expansion to Kilgore,” said Bob Davis Jr., KEDC board president. “Composite Piping Technology is a valued corporate citizen, and we’re excited to welcome them to East Kilgore Industrial Park.”

The company leases a small facility in Kilgore, but relocating to a permanent location in town will allow it to add more production lines while bringing investment and jobs to Kilgore.

“Composite Piping Technology is proud to call Kilgore home,” said B.G. Clark, president of the company. “We have spent more than 10 years developing our pipe and are excited to build our permanent facility here so we can send it out around the world promoting the ingenuity of our local team.”

When the new facility comes online, Composite Piping Technology anticipates a production capability of 300 miles of pipe per year. The company is the developer of a unique and proprietary type of composite poly pipe that it said is an upgrade over traditional pipes.