Council OKs incentives for defense tech firm that could bring 1,000 jobs to Fort Worth

A high-flying defense technology company could land at Alliance following an economic development agreement approved by the Fort Worth City Council Tuesday night.

Mach Industries, a company developing advanced unmanned aircraft systems, is considering locations for a manufacturing facility to produce its vehicles. Alliance Gateway 34, a 310,036-square-foot industrial building at Westport Parkway and Independence Parkway in Hillwood’s AllianceTexas development in Fort Worth, is under consideration.

A June 23 presentation at a council work session from Jessica Rogers, head of the Fort Worth Economic Development Department, indicated the company would make a minimum capital investment of $74 million. Of that, $6 million will go to real property construction costs, and the remaining in office and equipment. Mach Industries will have a goal of spending 30% of that office and equipment budget with small businesses…

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