Resilient Structures announced a long-term supply agreement with CenterPoint Energy (CNP). RS will significantly expand its Humble, Texas, operations to fulfill the requirements of the supply agreement and meet the growing infrastructure demands of the region. RS projects that the expansion of its local manufacturing and logistics capabilities will create more than 200 new jobs in the community, representing a major economic commitment to the Houston area. This expansion is directly aligned with CenterPoint’s goal to develop the most resilient coastal grid in the nation, delivering reliable power to 2.9 million customers in Greater Houston.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CNP:
- Tesla Lets Cybertruck Owners Earn Bill Credits by Powering the Grid
- CenterPoint Energy gets additional workers to address approaching winter storm
- CenterPoint Energy price target raised to $37 from $36 at Morgan Stanley
- CenterPoint Energy price target raised to $47 from $44 at Wells Fargo
- CenterPoint Energy price target lowered to $38 from $41 at Barclays
