Keller - Roanoke - Northeast Fort Worth | November 2024

News

BY MARK FADDEN

AVX, Embraer lead aviation/tech hiring in AllianceTexas

Two companies, AVX Aircraft Company and Embraer, are increasing their operations at Perot Field Fort Worth Alliance Airport with new facili- ties and are hiring to ll open positions. The gist AVX Aircraft, a rm that develops unmanned aircrafts for use in both military and commer- cial applications, established its headquarters at Perot Field Oct. 18 with a facility that includes 14,000-square-feet of oce space and 7,000-square-feet of prototyping and testing space. Forty engineers and professionals will work at the site testing vertical-lift technology for the aircrafts for military and commercial applications. Company ocials anticipate doubling its work- force within a year to roughly 80 professionals. Fort Worth City Council approved incentives for Embraer, the third-largest jet manufacturer in the world, during its session Oct. 15. The company’s new $70 million service center is expected to bring approximately 250 new aviation industry jobs to the region. Completion of the rst facility in its existing hangar is scheduled for the second quarter of 2025. The construction of a new state-of-the-art hangar is slated for completion in 2027. The backstory Perot Field is the centerpiece of AllianceTexas, Hillwood’s 27,000-acre master-planned development. At a February 2024 presentation to the Fort Worth City Council, Hillwood President Mike Berry touted the development’s economic impact, saying AllianceTexas has generated approximately

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AVX Aircraft Company has 21,000-square-feet of work space at Perot Field and expects to double its workforce within a year.

COURTESY AVX

$119.8 billion in regional economic impact and paid more than $3.8 billion in total taxes to local public entities from 1990-2023. Quote of note “We’re up to 574 companies inside the Allian- ceTexas platform with 66,198 direct jobs, and that doesn’t include all of the indirect [jobs] that get generated o of those direct jobs,” Berry said.

Job growth from AllianceTexas

Jobs from AVX and Embraer: 330 Total jobs from AllianceTexas since 1990: 66,000+ Indirect jobs brought in since 1990: 162,000+

SOURCES: EMBRAER, AVX, HILLWOODCOMMUNITY IMPACT

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