Cedar Falls' CBE Companies to open 7th location in Texas - KWWL - Eastern Iowa Breaking News, Weather, Closings

Cedar Falls' CBE Companies to open 7th location in Texas

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CEDAR FALLS (KWWL) -

CBE Companies, headquartered in Cedar Falls, has finalized plans to open its seventh location in New Braunfels, Texas.

In the next five months, CBE plans to fill 150 positions in its new location. 

By 2017, the company expects to bring 500 jobs to the area.

In addition to its headquarters in Cedar Falls, CBE also has two offices in Waterloo as well as offices in Overland Park, Kansas; Haverhill, Massachusetts; and Manila, Philippines.

According to a release from CBE, the company anticipates its new location to have a $370 million impact on the New Braunfels, Texas, economy over the next 10 years.

Company officials said its new location was determined after extensive research of potential cities, but that ultimately the New Braunfels community seemed similar to the Waterloo-Cedar Falls community.

CBE employs more than 1,200 people globally.

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