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Texas Infrastructure Holdings
Uvalde, Texas
The Largest Quarry Reserve Holder in the U.S.A.
About Texas Infrastructure Holdings.
Texas Infrastructure Holdings (TIH) is the largest approved limestone quarry in the State of Texas - the foundational raw material behind every road, bridge, hospital, sea wall, data center, and vertical construction project in the state. No large-scale construction happens without limestone aggregate, making TIH a piece of critical infrastructure support underlying the entire Texas economy. With 2.3B tons of proven and permitted reserves in the ground and direct rail access to Houston, Dallas, Austin, and San Antonio via both of the country's two major railroads (Union Pacific and BNSF), TIH is positioned to serve the fastest-growing infrastructure market in America for generations.
Texas can't keep up with demand for this material. Per the Burgex Mining Consultants Construction Aggregate Market Study for Texas Triangle Metros (February 2024), the state is projected to face an annual shortfall of more than 30MM tons by 2028 - a widening gap driven by highway modernization, hospital and healthcare expansion, coastal resilience and sea-wall projects, and the massive AI data center build-out. TIH is one of the few new large-scale sites fully permitted and under construction to help close that gap.
The Project carries an after-tax net present value of approximately $2.53B, based on an independent third-party valuation of the quarry's 20 years of projected operating cash flows (Burgex Mining Consultants, Valuation of Cowboy Aggregates LLC's Uvalde Quarry Project, June 2025). Construction is being delivered under an executed Guaranteed Maximum Price contract. The Project is also backed by institutional capital from BDT&MSD Partners, one of the largest private credit firms in the country. BDT&MSD has already funded their investment into the Project alongside EB5 United. TIH is led by a leadership team with more than a century of combined Texas aggregate experience, each of whom stands personally behind the completion of the project.
For accredited investors, TIH is a Dual TEA EB-5 investment (Rural + High Unemployment Area) under the EB-5 Immigrant Investor Program: the $800,000 minimum applies, I-526E petitions receive USCIS Priority Processing, and Rural filings benefit from the 20% EB-5 visa set-aside - a defined path toward a U.S. Green Card for the investor, their spouse, and unmarried children under 21, subject to USCIS adjudication.
TIH EB-5 Project: quick facts.
| Attribute | Detail |
|---|---|
| EB-5 Project | Texas Infrastructure Holdings (TIH) |
| Location | Uvalde County, Texas (Texas Triangle) |
| TEA designation | Dual TEA · Rural (Priority Processing) & High Unemployment Area |
| Minimum EB-5 investment | $800,000 plus administrative, legal & filing fees |
| EB-5 raise | $157.6MM target · $216.8MM max · full economics via Project Access |
| Loan structure | Senior 1st Position EB-5 Loan · 1st lien on Plant & Rail Land · matures Dec 31, 2028 (three 1-year extensions) |
| USCIS status | Form I-956F approved |
| I-526E processing | USCIS Priority Processing for Rural TEA petitions |
| Rural visa set-aside | 20% of EB-5 visas, meaningful for China- and India-born investors |
| Job cushion | 73.28% (at target raise) · 26% (at max raise) |
| Developer & builder | Cowboy Aggregates (Developer) · TPS – Turnkey Processing Solutions (GC / Operator) |
| Offering type | Regulation D Rule 506(c), verified accredited investors |
Read this page alongside the offering documents.
This page is a summary. It is not an offer to sell or a solicitation of an offer to buy any security, and it is necessarily incomplete. Any offer is made only to accredited investors through the definitive offering documents, which contain the full terms, risk factors and conditions, and which govern in the event of any inconsistency with this page.
TIH, in progress.
TIH construction updates 2026.
Why EB5 United supports TIH.
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Positioned to help close a projected 30+MM ton annual aggregate shortfall across Texas by 2028.
2
EB-5 loan holds a first-priority lien on the Plant Land, Rail Land, and the material mining lease throughout the EB-5 Loan. EB-5 also is secured by the entire 6,875 acres until the project hits a debt service ratio of 1.35x.
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39.51% of capital is subordinate to the EB‑5 loan.
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2.3B+ tons of Edwards Limestone reserves with a 100+ year mine life.
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Backed by experienced partners, including Cowboy Aggregates, TPS, Westward Environmental, and the Lockton family.
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Supported by a $148B statewide infrastructure push, including major projects like the $5.5B I-35 Austin expansion and the $1.2B Harbor Bridge in Corpus Christi.
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A true hedge against recession: crushed limestone pricing has held flat or risen through every U.S. downturn since the early 1990s, including the Great Recession and COVID-19, as government infrastructure spending steps in when the private economy slows (U.S. Bureau of Labor Statistics via FRED).
Reflects EB5 United's internal review. All features described are contractual and subject to the terms and conditions of the definitive offering documents.
Where the EB-5 loan sits
in TIH's capital stack.
The EB-5 investment is structured as a Senior 1st Position EB-5 Loan, with a first-priority deed of trust on the Plant Land (held by Cowboy Aggregates), the Rail Land (held by RailCo), and material mining lease. There is a pledge of 100% of the membership interests in Texas Infrastructure JV, LLC, the Job Creating Entity.
Cowboy Natural, the loan's co-borrower and owner of the 6,875-acre property, carries full liability for the EB-5 loan amount until the facility's trailing three-month annualized net operating income achieves a 1.35x debt-service-coverage ratio over the following twelve-month projection.
Collateral is shared pro rata, based on funded amounts, among EB5 United's Company, an affiliate of BDT&MSD Partners, a merchant bank, providing bridge financing, and an affiliated New Commercial Enterprise that previously made a redeployment loan to the Project, each holding equal priority to loan collateral proceeds.
The complete collateral analysis, covering lien mechanics and the full financing structure, is provided with the offering documents through Project Access.
Capital stack and exit strategy.
Provided through Project Access
The complete offering economics, including total capitalization and capital stack, current Project valuation, pro forma, job-creation modelling, and the exit and repayment case, are provided in the password-protected TIH Project page and the offering documents.
Request access below; our team issues credentials after a short introduction. Accredited-investor status is independently verified before any subscription is accepted.
Loading aggregate for distribution across the Texas Triangle.
2.3B+ tons · 100+ year mine life.
| Phase | Capacity | Status |
|---|---|---|
| Phase 1 | 4.05MM tons / year | Under construction · production targeted Q3 2027 |
| Phase 2 | 8.0–8.5MM tons / year (combined) | Expansion targeted Q1 2028 |
Construction timeline.
| Milestone | Date |
|---|---|
| Construction start | June 18, 2025 |
| Fine-tuning begins | Q1 2027 |
| Testing & commissioning | Q2 2027 |
| Phase 1 production start | Q3 2027 |
| Target completion | Q4 2027 |
| Phase 2 production expansion | Q1 2028 |
| Initial loan maturity | Dec 31, 2028 |
Facility highlights:
6,875-acre site
Only Texas quarry with dual Class I rail rights
7,180 ft on-site rail spur
On-site crushing & screening plant
40,000-ton stockpile capacity
Automated rail loadout: 2,000 tons/hr
2nd largest truck owner in Texas
760 trucks moving 8MM+ tons/yr
100+ year mine life
Independent water supply
Remote location, zoning-conflict-free
TCEQ Air Quality Permit No. 161993L001
Edwards Aquifer recharge zone
Development schedule and specifications reflect the Project's 2026 investor materials and are subject to change; confirm current figures with EB5 United. Site photography pending.
Uvalde County, Texas.
- Texas TriangleRoughly equidistant to Dallas-Fort Worth, Austin, San Antonio, Houston & College Station
- Nearest major metroSan Antonio
- Nearest townKnippa, Texas
- Market reach760-truck fleet moving 8MM+ tons/yr (2nd largest truck owner in Texas) · 7 terminals · 95% Texas Triangle coverage
Facility specifications (site acreage, rail access) are covered in The Facility section above. Location and logistics figures reflect the Project's 2026 investor materials; confirm current details with EB5 United. Airport drive-times and nearby-landmark data were not available in source materials for this Project.
Backed by experienced operators.
Cowboy Aggregates
Project developer & operator · Uvalde County, Texas
- CEOKelly Foote
- PresidentMatt Fontenot
- FocusQuarry & aggregate production
- Site6,875 acres
- Reserve2.3B+ tons
TPS
Turnkey Processing Solutions · General contractor & plant operator
- CEOJohn Cross
- Projects delivered$3B+
- Capacity engineered25MM+ tons/yr
- Experience35+ yrs
- EPC contract$150MM GMAX
Guaranteed-maximum-price structure: TPS's $150MM GMAX EPC contract covers a majority portion of construction costs, with TPS responsible for overruns above the cap and for on-time delivery, plus the "TPS Guarantee" on cost-per-ton, quantity, quality and supply once operations begin.
How the structure is designed to protect investors.
Immigration Protection
I-526E Denial Guaranty
A contractual return of capital if the investor's I-526E petition is denied, on the terms set out in the executed guaranty.
Construction Protection
Completion Guaranty
From TPS's $150MM GMAX EPC contract, which covers a majority portion of construction costs and shifts overrun risk above the cap to TPS, plus personal completion guaranties from the Borrowers' three principal owners.
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First-priority lien collateral: the Plant Land, Rail Land, and mining lease are pledged directly to the EB-5 loan.
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39.51% subordinate capital to the EB-5 loan.
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Guaranteed-maximum-price construction: TPS's $150MM GMAX contract covers a majority of construction costs, with TPS bearing overruns above the cap and enforcing delivery timelines.
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Contractor-maintained insurance: TPS is required to maintain builder's risk and general liability insurance throughout construction for the Borrowers' benefit.
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Manager independence: EB5 United manages the NCE as fiduciary and is not affiliated with the Job Creating Entity or the developer.
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Dual TEA: Rural + High Unemployment Area designation, the 20% Rural visa set-aside, and USCIS Priority Processing of I-526E petitions.
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Independent third-party validation: geological, engineering and economic reports from Burgex Mining Consultants, Westward Environmental, TPS and Baker Tilly.
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SEC S-K 1300 / NI 43-101 aligned reporting: institutional-grade mining-disclosure standards.
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Independent fund administration, annual audited financial statements for the NCE and Borrower, and SEC-compliant oversight.
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Construction completion history: a general contractor with a 35+ year track record.
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Fully permitted, shovel-ready site: TCEQ Air Quality Permit No. 161993L001 (extended January 2024), Water Pollution Abatement Plan (approved April 2022), TXR15 stormwater permit (June 2021), and a U.S. Army Corps of Engineers Nationwide Permit No. 6 (approved March 2022) already in place.
Each protection is contractual and subject to the definitive offering documents, which govern. No immigration outcome or return is guaranteed, and by design there is no I-829-stage guaranty: EB-5 capital must remain at risk until the I-829 is filed, and a guarantee at that stage would itself jeopardize the petition.
6,875 acres in Uvalde County, Texas.
Evaluate TIH with our team.
Request TIH Project Access for the complete offering economics and documents, or schedule a consultation. Under Rule 506(c), accredited-investor verification comes first; the document package follows through our secure platform.
Latest TIH updates.
Texas Infrastructure Holdings (TIH): Site Visit [June 2026]
From our June 2026 site visit with Duncan Fuller: touring the Uvalde County quarry site, rail spur and stockpiles ahead of Phase 1 production.
Read the article →
EB5 United's Texas Infrastructure Holdings Receives I-956F Approval from USCIS
USCIS has issued Form I-956F approval for TIH, the Project-level approval confirming the offering meets EB-5 program standards for investor I-526E petitions, alongside a Dual TEA designation (Rural Priority Processing + High Unemployment Area).
Read the article →TIH in pictures.
Disclosures
TIH Project page: specific disclosures.
Project figures. Project information on this page, including the EB-5 raise, construction schedules, production-capacity figures and job-cushion figures, is drawn from the Project's 2026 investor materials, and changes over time; confirm current figures with EB5 United as of the date you read this page. Statements describing future events are subject to the site-wide forward-looking-statements disclaimer below.
Collateral. Descriptions of collateral reflect the structure disclosed in the TIH offering documents: the EB-5 loan is secured by a first-priority deed of trust on the Plant Land and Rail Land, together with an assignment of the mining lease and a pledge of the Job Creating Entity's membership interests. The offering documents contain the complete lien analysis and control over any summary on this page.
Guaranties. References to the I-526E Denial Guaranty and the Completion Guaranty describe contractual undertakings of the guarantor identified in the executed guaranty documents. Each is subject in all respects to that document's terms, conditions and limitations and to the guarantor's creditworthiness, and none guarantees any immigration or investment outcome.
Dual TEA designation. TIH's Dual TEA designation (Rural and High Unemployment Area) and USCIS Priority Processing reflect USCIS treatment as of the Project's I-956F approval; designations and processing practices can change. (Set-aside availability is addressed in the site-wide disclaimers below.)
Third-party information. Information regarding Cowboy Aggregates, Cowboy Natural, TPS (Turnkey Processing Solutions), Force Logistics, TransCo Group, Gravity Rail, Westward Environmental, Burgex Mining Consultants, Baker Tilly, Lockton and BDT&MSD Partners is derived from those organizations' published materials and has not been independently verified by EB5 United.
This offering is made under Rule 506(c) of Regulation D, to verified accredited investors only.
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