- Fort Worth City Council approved a 10-year abatement refunding up to 65% of property taxes, valued at about $6M, for Harting Connectivity’s proposed $192.7M plant and new headquarters.
- Harting would spend $31.1M on buildings by the end of 2027 and $161.6M on equipment by 2031, and it is also weighing two other locations for the project.
- The deal adds to Fort Worth’s push for semiconductor-related manufacturers, following Wistron’s $700M Nvidia-focused plant and Adom Industries’ $229M headquarters and fab.
The Fort Worth City Council approved a 10-year tax abatement for a proposed $192.7M Harting manufacturing plant, according to Bisnow, citing the Fort Worth Report. Harting Connectivity, the North American arm of Germany’s Harting Technology Group, is also considering two other locations.
The facility would serve as its new U.S. headquarters and create 700 jobs.
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Terms of the Abatement
The abatement would refund up to 65% of the project’s property taxes. City officials value the refund at $6M.
Assistant Economic Development Director Brianna Brown said that equals a 3% city participation rate. That means $32 would return for every public dollar invested.
In addition, Harting would agree to spend 30% of its construction costs at small businesses.
The Investment
If Harting picks Fort Worth, it must spend $31.1M on construction. The work would cover 2101 and 2253 Whitebeam Brook St. and 2800 Gosden Close St. Harting must complete it by the end of 2027.
The company would spend the remaining $161.6M on equipment by the end of 2031.
Harting makes industrial connectors for power, signal and data transmission. Its current U.S. headquarters is in Illinois.
Meanwhile, a spokesperson said the project supports localized manufacturing for customers across North and Latin America.
Zooming Out
Fort Worth has been courting semiconductor-linked companies. For example, Wistron InfoComm opened a $700M plant this summer. The facility makes components for Nvidia’s AI supercomputers.
The company also plans a second facility in AllianceTexas.
Similarly, Adom Industries agreed last year to spend $229M on a headquarters, prototyping lab and semiconductor fab. The project includes a $15M city incentive grant and 267 expected jobs.
The trend aligns with CRE Daily’s look at the U.S. manufacturing boom.
Why It Matters
Incentive-backed advanced manufacturing is a growing source of industrial demand in North Texas. It also overlaps with semiconductor supplier projects elsewhere.
Harting makes components used in data centers, semiconductor facilities and robotics applications.
What’s Next
Harting has not committed to Fort Worth. It also did not immediately comment to Bisnow.
Therefore, watch for a site decision and whether the company maintains its construction schedule.
