{"id":478497,"date":"2026-10-27T20:30:08","date_gmt":"2026-10-27T20:30:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-tx\/478497\/"},"modified":"2026-10-27T20:30:08","modified_gmt":"2026-10-27T20:30:08","slug":"plano-approves-economic-incentive-for-truck-part-company-fleetpride-plano","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-tx\/478497\/","title":{"rendered":"Plano approves economic incentive for truck part company FleetPride | Plano"},"content":{"rendered":"<p>Plano City Council approved a new economic incentive for the truck and trailer parts company, <a href=\"https:\/\/www.fleetpride.com\/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">FleetPride<\/a>, at a meeting Oct. 26.<\/p>\n<p>The gist<\/p>\n<p>FleetPride will invest $2 million in property improvements to an office space at Granite Park 3 for a $400,000 economic incentive, according to city <a href=\"https:\/\/plano.legistar.com\/View.ashx?M=F&amp;ID=16079930&amp;GUID=A0BFC123-BD4E-44E3-A230-27F1FAED428F\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">documents<\/a>. The company sells truck and trailer parts at distribution and service centers throughout the U.S. and Canada, according to its <a href=\"https:\/\/www.fleetpride.com\/about-us\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">website<\/a>.<\/p>\n<p>Plano Director of Economic Development Michael Talley said the city prioritizes any opportunities for more jobs in Plano.<\/p>\n<p>&#8220;[Economic incentives are] a commitment from us, but they have to perform and they have to invest their dollars into the city, into a building and they have to create the jobs,&#8221; he said.<\/p>\n<p>FleetPride will bring jobs equivalent to 393 full-time employees to the 83,939-square-foot office space, per city documents. The company is expected to bring at least 325 full-time jobs or the equivalent by Dec. 31, 2027 and maintain the jobs for at least 180 days before grant payment.<\/p>\n<p>The background<\/p>\n<p>The corporate office for FleetPride is currently located in Irving, Texas. The company merged with the heavy-duty distributor, TruckPro, in 2025 according to a <a href=\"https:\/\/www.fleetpride.com\/newsroom\/article?key=fleetpride-and-truckpro-announce-strategic-merger&amp;srsltid=AYCX9vKbzW3ZJbd6-YAPZBfx1Wf5p0qnSCN0rRsgVhGO0zlOTp4Mtdvh\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">news<\/a> release. The company is expected to relocate to Plano before the end of 2027.<\/p>\n<p>The city has approved various economic incentives this year, including for the new <a href=\"https:\/\/communityimpact.com\/plano\/government\/plano-oks-20m-in-economic-incentives-for-new-att-headquarters\/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">AT&amp;T headquarters<\/a> and for <a href=\"https:\/\/communityimpact.com\/plano\/business\/daisy-brand-sour-cream-company-to-invest-10m-for-new-plano-headquarters\/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">Daisy Brand<\/a> sour cream, per previous reporting.<\/p>\n<p>Plano provides economic incentives to attract and retain businesses through its <a href=\"https:\/\/www.planotexas.org\/economic-development-grants-0\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">Economic Development Grants<\/a>. Plano City Council approved a 2-cent per $100 valuation property tax increase in 2006 to allocate funds for incentives.<\/p>\n","protected":false},"excerpt":{"rendered":"Plano City Council approved a new economic incentive for the truck and trailer parts company, FleetPride, at a&hellip;\n","protected":false},"author":2,"featured_media":478498,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[15],"tags":[910,68465,57268,161590,2184,160,18650,162,161,161591],"class_list":["post-478497","post","type-post","status-publish","format-standard","has-post-thumbnail","category-plano","tag-business","tag-economic-incentive","tag-fleetpride","tag-granite-park-3","tag-jobs","tag-plano","tag-plano-city-council","tag-plano-headlines","tag-plano-news","tag-truck-distributor"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts\/478497","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=478497"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts\/478497\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/media\/478498"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/media?parent=478497"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/categories?post=478497"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/tags?post=478497"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}