Canadian electronics manufacturer Celestica Inc. to build a data center infrastructure plant in Fort Worth following the city council's approval of a 10-year tax break this week.
The $876 million investment will span more than 1 million square feet across two Alliance Center North locations on North Beach Street, according to the .
The Fort Worth City Council approved tax abatements earlier this week to, a Lockheed Martin supplier, to the city. They're projected to create a combined 1,865 jobs and nearly $907 million in total investment.
The agreement is a 10-year deal with a planned tax abatement of up to 80% of incremental real and business personal property taxes 鈥� an estimated $41.7 million incentive. The deal relies on Celestica meeting specific hiring, salary, and investment benchmarks.
Celestica claims it will generate a minimum of 490 positions by the end of 2028. They anticipate another 1,225 at a second site by late 2029.
In a statement, Fort Worth Mayor Mattie Parker called the deal a "tremendous win" for the city.
"A significant capital investment and approximately 1,700 new jobs don't happen by accident," she said. "They happen because Fort Worth has built a business climate where global companies see an opportunity and choose to invest."
is a Canadian multinational electronics manufacturing services firm specializing in design, manufacturing, hardware platforms, and supply chain solutions. Alex Chang, vice president of connectivity and cloud solutions, said during a presentation to Fort Worth leaders last month the firm serves as
The company operates across more than 40 locations and employs a workforce of over 27,000 employees. Company leaders say they see the need to establish more international sites for expansion.
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