Company wants to spend more than $1B to build Beaumont facility focusing on renewable energy It would potentially be a four-phase project, with an initial $325 million investment creating 20 permanent jobs, and up to 300 construction jobs in Beaumont. Author: Cameron Sibert, Tiana Johnson (KBMT) Published: 6:47 PM CDT July 13, 2021 Updated: 6:47 PM CDT July 13, 2021 BEAUMONT, Texas — A company called 'Arbor Renewable Gas' wants to spend more than $1 billion to build a facility in Beaumont. However, they need the city's permission to create a special reinvestment zone to accomplish that goal. “We assume that these kinds of companies are targeting Southeast Texas because of the refineries, Interstate 10 and the port of Beaumont,” Randy Feldshcau, Beaumont city councilman, said. “This area has a rich history of gas, oil and refining.”