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Plano mayor credits corporate expansions for hundreds of millions in investment, tens of thousands of jobs
Summary
Mayor John Munns said more than three dozen companies relocated to or expanded in Plano last year, with investments the mayor described as about $909 million and tens of thousands of jobs created; he singled out Delta Electronics, Align Data Centers and other firms.
Mayor John Munns said Plano had a strong year for economic development, with more than three dozen companies relocating or expanding operations and with substantial private investment and job creation.
"We have created over 12,000 jobs across diverse sectors," Munns said, and he told the audience that the companies would invest "approximately $909 million," creating about 3.41 million square feet of constructed or leased space and "more than 49,100 jobs," figures he presented as city totals for the period.
Munns named several major projects and corporate moves: Delta Electronics plans to expand its Plano campus with a research‑and‑development and manufacturing facility that the mayor said could span about 1.5 million square feet and employ more than 1,500 people by 2031; Align Data Centers is building a roughly 425,000‑square‑foot, $212 million facility; and other announced moves include a large campus expansion attributed to Raising Cane's and a manufacturing facility from a Taiwan‑based company moving into Plano's Research Technology District.
Munns also noted the Korea International Trade Association had opened a U.S. office in Plano to support trade relations, and he said continued private investment will help the city "remain an economic powerhouse" in North Texas.
Why it matters: Large private investments and corporate relocations can affect local tax bases, employment opportunities and demand for housing and services. The mayor presented the figures as achievements in sustaining Plano’s economy.
Context and caveats: The figures were given by the mayor in his speech and were not accompanied by bond or incentive details in the address. The mayor framed the data as results of the city’s ongoing efforts to adapt its incentive toolkit and building modernization programs to attract employers.
Next steps: The mayor urged continued coordination with the business community and noted Redevelopment projects within the "Big 10" would support continued economic growth.
