Aerospace and defense giant Bell Textron Inc. plans to begin construction of its planned $632 million aircraft parts factory at AllianceTexas in north Fort Worth in April. The project could create 1,000 jobs.
Bell Textron will build a 448,000-square-foot building at 15100 N. Beach St., in AllianceTexas. The investment may reach $632 million. The new building will be where it will manufacture rotor blades and transmissions for the MV-75, a next-generation attack aircraft set to replace the Black Hawk helicopter. Bell has a contract to deliver the helicopters to the U.S. Army that could be worth $70 billion for the company.
Burns & McDonnell is the design firm listed on the project.
The Bell factory was the first project approved for incentives under the new Texas Jobs, Energy, Technology and Innovation Act program, which provides companies with a 10-year tax break if they meet job-creation and investment criteria.
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