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Council approves incentive package as Klein Tools plans major Mansfield expansion
Summary
Council approved a performance‑based incentive package for a proposed Klein Tools (Zaha Group) campus expansion that would add about 125,000 sq ft of R&D/office space and commit to 400 new jobs, with staff projecting a net $4.8M in city revenue after EDC grants over the agreement term.
The Mansfield City Council approved a performance‑based economic incentive agreement on July 14 designed to support an expansion by Klein Tools (presented as Zaha Group Inc.) that staff said would add roughly 125,000 square feet of Class‑A office and research space and as many as 400 new jobs.
Presenter Jason Moore described the proposal as a multi‑year expansion that would preserve existing property tax receipts (retaining baseline…
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