News Article | 3/31/2009

Q-Edge to bring 500 jobs to Fort Worth

Q-Edge, an electronics assembly company based in Plainfield, Ind., is planning to bring a significant operation to Alliance Global Logistics Hub in Fort Worth.

Pending the approval of an incentive package by the Fort Worth City Council, Q-Edge will be leasing 365,440 square feet Hillwood’s Alliance Gateway 2 building.

The assembly and distribution operation could bring 500 jobs to Fort Worth. Its economic impact is estimated at $700 million.

“Now, more than ever, businesses are looking to Texas as the best state to live, work and raise a family because of our reasonable regulations, low taxes and skilled workforce,” said Texas Governor Rick Perry in announcing the deal.

Fort Worth’s business climate and geographic location were primary factors in Q-Edge’s investment decision, said Wen Ren, company spokesman.

“We believe that many competitive traits of Fort Worth, namely its central location within the United States, advanced transportation infrastructure, low cost of living and doing business, and ready access to a highly educated and skilled workforce, will help us achieve significant competitive advantages and lead to long-term success for our company,” Ren said.

The Fort Worth Chamber of Commerce, the City of Fort Worth, the Governor’s office and Hillwood worked closely with Q-Edge to bring the deal to Fort Worth.

Tarrant County College and Workforce Solutions, in cooperation with the State of Texas, are working to secure federal funding to provide skills development training for Q-Edge. In addition, Workforce Solutions will host an upcoming job fair to help recruit skilled computer assembly and distribution workers for the company.