A manufacturing company that recycles textile waste to produce new products is coming to Port Arthur and with it, 500 new full-time jobs. In a packed reception at Port Arthur’s Economic Development building Wednesday, representatives from Ryze Renewables announced the newly-formed company would be setting up shop in Port Arthur. The company is investing $200 million in two different businesses.

The first will take scraps from the textile industry to make medical and personal care products, luxury garments, and product packaging. Textile waste left from production of the products will be recycled further in a second facility that manufactures floor tiles. The project has been a year and a half in the making, Joy Nunn, managing partner and inventor of the patented process, said.