Aditya Birla Group makes $50-mn investment in Texas

Washington: Aditya Birla Group has announced an investment of $50 million in a manufacturing and research and development (R&D) center in Texas. Aditya Birla Group’s Vice-President of Sales and Marketing Scott Bastion said the company will be making a $50-million investment outside of Houston in the city of Beaumont, Texas, where it will produce epoxy resins -- that are used in a variety of consumer and industrial products.

“In that site, we will have an application development center and will house an R&D team,” Bastion said.