The Fort Worth City Council on Tuesday unanimously approved tax breaks that may bring an estimated $186 million investment and create 241 full-time jobs paying an average of $75,000 to the company’s existing Fort Worth campus at 6201 S. Freeway.
The seven-year tax abatement agreement with the eye care company is worth up to $6 million.
If the company moves both manufacturing lines to Fort Worth, the city would give the company 70% of the grant rate or about $4.2 million. The company would be required to make an investment in real estate and equipment totaling $186 million by the end of 2028. Alcon would also have to meet a minimum average annual salary of $75,000 and maintain 241 jobs…