Electronics manufacturing firm looks to larger office space for growing Plano workforce
An Austin-based electronics manufacturing firm is working on plans to move into bigger offices in Plano to add nearly 100 jobs to its existing 165-person workforce.
Plano City Council was expected to vote Monday night on an economic development agreement that would award a $470,900 cash grant to Virtex to aid with the move into 65,000 square feet of office space at 2801 E. Plano Parkway beginning in February. The company will vacate its 45,000-square-foot office at 3601 E. Plano Parkway.Read More : Clean Earth achieves RIOS and R2v3 certifications at Texas electronics recycling facility “The move provides additional floor space, equipment and manpower that will significantly increase our production capacity and enable us to manufacture more products to meet the growing demands of our current and future customers,” said Tim Vendal, general manager of Virtex’s facility.
The project has been in the works since July.
Virtex serves the military; aerospace, space and satellite markets; and industrial and medical markets. It operates offices in Austin, Plano, New Jersey, Virginia, Wisconsin, Minnesota, Massachusetts, New Hampshire and Mexico.
“It’s big for us to be targeting redeveloping, expansion and retention, especially in these times,” said Doug McDonald, Plano’s director of economic development.
The company plans more than $2 million in improvements to the new office space, McDonald said. Virtex has around 150 employees. McDonald said he expects 2023 to be a strong economic development year for Plano.
Plano City Council was expected to vote Monday night on an economic development agreement that would award a $470,900 cash grant to Virtex to aid with the move into 65,000 square feet of office space at 2801 E. Plano Parkway beginning in February. The company will vacate its 45,000-square-foot office at 3601 E. Plano Parkway.
The project has been in the works since July.
Virtex serves the military; aerospace, space and satellite markets; and industrial and medical markets. It operates offices in Austin, Plano, New Jersey, Virginia, Wisconsin, Minnesota, Massachusetts, New Hampshire and Mexico.
“It’s big for us to be targeting redeveloping, expansion and retention, especially in these times,” said Doug McDonald, Plano’s director of economic development.
The company plans more than $2 million in improvements to the new office space, McDonald said. Virtex has around 150 employees. McDonald said he expects 2023 to be a strong economic development year for Plano.
Source: www.dallasnews.com
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