{"id":458195,"date":"2026-10-06T17:36:30","date_gmt":"2026-10-06T17:36:30","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-tx\/458195\/"},"modified":"2026-10-06T17:36:30","modified_gmt":"2026-10-06T17:36:30","slug":"fort-worth-approves-abatement-for-192-7m-harting-plant","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-tx\/458195\/","title":{"rendered":"Fort Worth Approves Abatement for $192.7M Harting Plant"},"content":{"rendered":"

This story was originally published on CRE Daily<\/a>. Join 70,000+ commercial real estate professionals getting daily news, market insights, and industry analysis delivered straight to their inbox with the free CRE Daily newsletter<\/a>.<\/p>\n

Key Takeaways<\/p>\n

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.<\/p>\n

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.<\/p>\n

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.<\/p>\n

The Fort Worth City Council approved a 10-year tax abatement for a proposed $192.7M Harting manufacturing plant<\/a>, 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.<\/p>\n

The facility would serve as its new U.S. headquarters and create 700 jobs.<\/p>\n

Terms of the Abatement<\/p>\n

The abatement would refund up to 65% of the project’s property taxes. City officials value the refund at $6M.<\/p>\n

Assistant Economic Development Director Brianna Brown said that equals a 3% city participation rate. That means $32 would return for every public dollar invested.<\/p>\n

In addition, Harting would agree to spend 30% of its construction costs at small businesses.<\/p>\n

The Investment<\/p>\n

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.<\/p>\n

The company would spend the remaining $161.6M on equipment by the end of 2031.<\/p>\n

Harting makes industrial connectors for power, signal and data transmission. Its current U.S. headquarters is in Illinois.<\/p>\n

Meanwhile, a spokesperson said the project supports localized manufacturing for customers across North and Latin America.<\/p>\n

Zooming Out<\/p>\n

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.<\/p>\n

The company also plans a second facility in AllianceTexas.<\/p>\n

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.<\/p>\n

The trend aligns with CRE Daily’s look at the U.S. manufacturing boom<\/a>.<\/p>\n

Why It Matters<\/p>\n

Incentive-backed advanced manufacturing is a growing source of industrial demand in North Texas. It also overlaps with semiconductor supplier<\/a> projects elsewhere.<\/p>\n

Harting makes components used in data centers, semiconductor facilities and robotics applications.<\/p>\n

What’s Next<\/p>\n

Harting has not committed to Fort Worth. It also did not immediately comment to Bisnow.<\/p>\n

Therefore, watch for a site decision and whether the company maintains its construction schedule.<\/p>\n

More from CRE Daily<\/p>\n","protected":false},"excerpt":{"rendered":"This story was originally published on CRE Daily. Join 70,000+ commercial real estate professionals getting daily news, market…\n","protected":false},"author":2,"featured_media":458196,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[116,118,117],"class_list":["post-458195","post","type-post","status-publish","format-standard","has-post-thumbnail","category-fort-worth","tag-fort-worth","tag-fort-worth-headlines","tag-fort-worth-news"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts\/458195","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/comments?post=458195"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts\/458195\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/media\/458196"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/media?parent=458195"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/categories?post=458195"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/tags?post=458195"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}