Posted Monday, Jun. 09, 2014
By Robert Cadwallader
A construction adhesives maker will move ahead with a $1.85 million plant expansion after the Mansfield City Council on Monday approved a sales tax subsidy of up to $100,000 for the project.
Ardex Inc. wants to add 45,000 square feet to its 30,000-square-foot warehouse so it can move out of its leased storage space in Arlington.
Scott Welmaker, the city economic development director, said the $100,000 assistance would pay for construction of fire lanes and fire hydrant water lines on the property at 201 Airport Drive in the Mansfield Industrial Park.
The council voted 6-0, with one member absent, to ratify the funding for the deal arranged by the Mansfield Economic Development Corp. The MEDC board administers a half-cent sales tax for business projects.
Ardex has to invest at least the $1.85 million in capital improvements and hire four additional employees by the end of 2015 or else lose the subsidy. It has 25 workers.
Ardex is a global company founded in Germany in 1949 and makes a variety of chemical compounds for construction. Welmaker said the Mansfield site specializes in adhesives for floor coverings and other uses.
The Mansfield Ardex site includes a 24,000-square-foot training facility, which stays busy.
“They have to bring people in from all over the world to train them on how to use their products,” Welmaker said. “They generate 500 hotel room-nights a year.”
The council Monday also authorized the police department to apply for a U.S. Department of Justice grant that would fund 75 percent of the costs of adding two full-time police officers for three years. The city would pay the rest and have to agree to continue employing the officers for at least a fourth year at the city’s full expense.
The funding comes from the Community Oriented Policing Services (COPS) program. It covers the salary and benefits of the additional officers, up to $125,000 per officer for three years.
Robert Cadwallader, 817-390-7641 Twitter: @Kaddmann
Read more here: http://www.star-telegram.com/2014/06/09/5887018/mansfield-council-agrees-to-subsidize.html?rh=1#storylink=cpy