Bell Textron Nears Incentives for $429 Million Advanced Manufacturing Plant in Fort Worth

Aerospace defense company Bell Textron is set to receive state incentives for a $429 million advanced manufacturing plant in Fort Worth. The plant will manufacture components of Bell’s newest attack helicopter for the U.S. Army, the V-280 Valor, and is expected to create up to 411 jobs. The company is also seeking almost $2.7 million in Texas Enterprise Fund grants and has been offered a $1 million grant from the City of Fort Worth for the new plant. If approved, Bell will invest an estimated $429 million into the plant, including $272 million in manufacturing equipment and $157 million in real estate. The project would be a major investment in the Dallas-Fort Worth area and would support the manufacturing of Bell’s new aircraft.

Fort Worth Approves Taller Buildings for Panther Island Entertainment District

The city of Fort Worth will allow the construction of taller buildings in a section of the peninsula that will become Panther Island. The zoning change, which raises the maximum building height from eight stories to 20 stories in a roughly four-block area, was unanimously approved by the city council on Tuesday. The rule will apply to new construction between NW 7th Street and the canal running through the Encore Panther Island apartment complex.

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