Fort Worth is gearing up for a fresh round of corporate courtship as city leaders weigh economic-development agreements that could pave the way for expansions by two international manufacturers. City staff say Canadian electronics maker Celestica and Australian defense supplier Marand have both signaled interest in adding capacity or research-and-development work inside city limits. The proposals will be taken up at an upcoming city council work session, kicking off formal review of possible incentives and infrastructure support.
City Council To Review Proposed Deals
According to the Fort Worth Report, Cherie Gordon of the city’s economic-development office is set to lay out the proposed agreements at a council work session. The briefing asks council members to consider offering support as both companies explore new or expanded operations in Fort Worth.
If the council gives the green light to proceed, staff would begin negotiating terms that could include tax incentives, workforce commitments and infrastructure improvements, all aimed at keeping the companies growing inside the city rather than somewhere else in the Dallas-Fort Worth region.
Celestica’s Texas buildout…