Fort Worth city council members unanimously approved tax breaks Tuesday night for an electronics assembly plant that promised to bring 500 jobs to the Alliance area.
Q-Edge plans to locate an electonics assembly and distribution center in the 445,000-square-foot building that was formerly occupied by cell-phone manufacturer Nokia.
The facility is located at at US Highway 377 and State Highway 170.
If approved, Fort Worth would provide maximum tax breaks worth a maximum of $158,000.
In return, Q-Edge would commit to hire 350 full-time employees by the end of the first full year of operations and 500 full-time jobs by the end of the third year. Also, at least half the employees would have to live in Fort Worth.