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Bell Textron Inc. Negotiates Tax Incentives for New Manufacturing Plant in Fort Worth
Contract Type
agreement
Fort WorthManufacturingAerospaceDescription
Aerospace defense company Bell Textron Inc. is seeking to build a $429 million advanced manufacturing plant in far north Fort Worth, aiming to produce components for the V-280 Valor attack aircraft. The City of Fort Worth is proposing tax breaks for the company, and negotiations are underway for state incentives. A final decision on the location is pending, and the city council could vote on the tax abatement in November.