Pei Wei Global Headquarters Moving to North Texas

Pei Wei is moving its global headquarters to North Texas.

Gov. Greg Abbott announced on Wednesday the company will leave its current location in Scottsdale, Arizona and move to Irving.

"The Texas model of limited government, reduced regulations and low taxes continues to create a diverse economy that attracts businesses from a variety of industries," Gov. Abbott said in a statement. "Pei Wei is a welcome addition to the Lone Star State and I am confident that our robust economy and superior workforce will fuel their continued success and growth. As Governor, I will continue to promote policies that lead to more relocations by industry leaders."

The company was founded by P.F. Chang's in 2000 and currently has 225 locations and more than 6,000 employees around the world, including 65 locations and an estimated 2,500 employees in Texas.

"We are very excited to relocate to the Dallas-Fort Worth area, which is home to some of our most loyal guests and highest-performing restaurants," John "J." Hedrick, Chief Executive Officer with Pei Wei, said in a statement. "We didn't make this decision lightly. Scottsdale is an extraordinary city that has been our hometown since the brand's inception in 2000. But our new leadership team felt that the timing was right to make this move, as we chart a new direction for the brand, its operations and our corporate culture."

The project will create at least 100 new jobs.

The exact date of the relocation wasn't revealed, although the company says the entire move to the Las Colinas Highlands office tower will happen by the end of this year.

This is the fifth headquarters relocation that Abbott has secured with the help of the Texas Enterprise Fund-Texas' deal closing fund.

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