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MEDC highlights a new $900M advanced-manufacturing investment for McKinney
Summary
MEDC announced a major advanced-manufacturing investment in McKinney described as "over $900,000,000," noting the project will create permanent jobs and is expected to spur supplier and related company interest in the area.
During its July 28 presentation, the McKinney Economic Development Corporation announced a large advanced-manufacturing project it described as "over $900,000,000" in capital investment that the speaker said would bring significant long-term employment. "You guys know the facts, over $900,000,000 investment," Mike Kalski said, and he contrasted the project’s permanent staffing effect with temporary construction work: "These are not 600 temporary construction jobs, which are 600 permanent jobs."
Kalski framed the development as a catalyst. He said companies of this size create a "come along effect," encouraging suppliers and peer firms to consider McKinney. The presentation did not identify the company by name in the transcript, and MEDC characterized the financial and job figures as part of its announcement; specific timelines, incentive terms and the company identity were not stated in the public presentation.
