fbpx
Clayton Homes

WICHITA FALLS (KFDX/KJTL) By Lauren Linville — An empty building off Burkburnett Road in Wichita Falls may finally be full again, bringing yet another manufacturing company to the city.

The 4A Board has been working with Clayton Homes for four years trying to get a deal done and a vote today is pushing the project forward.

The gates of the old ATCO building will soon open again for the first time since 2016.

“I have never worked on a project for so long that finally came through,” Wichita Falls Chamber of Commerce CEO & President Henry Florsheim said. “Sometimes you work on projects and they never happen.”

The old ATCO building will be Clayton Homes’ new home after it was left vacant nearly five years ago.

The building is almost cleared by the Texas Commission on Environmental Quality of any environmental issues, with a final affidavit expected sometime next week.

It’s now out of the hands, and pockets, of the Wichita Falls Economic Development Corporation Board and the taxpayer.

“The EDC has had to pay for insurance and maintenance and upkeep and repairs on that building,” Florsheim said. “Property taxes on that building ever since they acquired it.”

A prime time for the WFEDC to approve an incentive package worth a little more than $1.7 million in exchange for the creation of 181 jobs.

It’ll also bring in a new annual payroll of close to $9 million.

Clayton homes is putting $15 to $18 million dollars into repairs for the building which they’ll purchase for $1 million from the EDC.

This is a cash for jobs incentive package.

“This is what we do is to get more jobs in Wichita Falls and with the right kinda companies that pay benefits and good solid companies,” WFEDC President Leo Lane said. “Clayton Homes is a Berkshire Hathaway, very solid company for our community.”

“This agreement includes incentives that protect the taxpayer because Clayton Homes won’t receive any funding until they’ve already hired people and had them on the job for at least six months,” Florsheim said.

 

Read the full article from Texoma’s Homepage

Related: Times Record News: WFEDC board approves $1.7 mil deal with Clayton Homes

You May Also Like:

Top 10 Reasons to Join Your Local Chamber

Top 10 Reasons to Join Your Local Chamber

"Why should I join the Chamber? What’s in it for me?” As the Membership Development Director, these are questions I hear all the time. I genuinely appreciate when the opportunity presents itself to not only provide an answer to questions like this but expand...

read more
Katie Britt Awarded PCED Certification

Katie Britt Awarded PCED Certification

ATLANTA, GA (March 11, 2022) – The Community Development Council is pleased to award Katie Britt, Vice President of Marketing, Wichita Falls Chamber, the certification of Professional Community and Economic Developer (PCED). The PCED designation is available to...

read more
Wichita Falls receives MSEEZ designation

Wichita Falls receives MSEEZ designation

U.S. Chamber Foundation’s Hiring Our Heroes Designates Wichita Falls as a Military Spouse Economic Empowerment Zone March 15, 2022 - Wichita Falls, TX -  The U.S. Chamber of Commerce Foundation’s Hiring Our Heroes (HOH), in partnership with Wichita Falls and the...

read more
New terminal, business park coming to Wichita Falls

New terminal, business park coming to Wichita Falls

by Texomashomepage/KFDX/KJTL - WICHITA FALLS (KFDX/KJTL) — Wichita Falls City Council gives the O.K. for a new general aviation terminal for private jets and school charter flights at the Wichita Falls Regional Airport. The resolution authorized the city manager to...

read more
Responding to an RFI: All cards on the table

Responding to an RFI: All cards on the table

When is the right time to place all cards on the table? It is a catchphrase hurled around in meetings, negotiations, or tournaments. A simple expression written, spoken, or recommended in any industry through the negotiation process. When an inquiry or RFI (request...

read more

Explore The Falls

Our city is filled to the brim with entrepreneurs, families of all ages, young professionals, college students, military families, airmen in training, and artists! We invite you to take a stroll to the Falls, walk the historic downtown to see the renowned World's Littlest Skyscraper and dine on local cuisine. We know you'll fall in love with Wichita Falls.

Membership Investment

Your investment in your Chamber comes with tangible benefits, from business and professional development to relationship-building opportunities. In addition, your investment continues to support Chamber programs and initiatives that positively impact business’s quality of life. We offer a range of investment options that align with your business objectives. We hope you see the Chamber as an extension of your business and allow us the opportunity to learn more about your challenges as well as successes.

TOP INVESTORS