Flower Mound opens 400,000-SF door to MI WindowsFlower Mound opens 400,000-SF door to MI Windowshttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=16352015-02-26T07:30:00Z2015-02-25T08:15:00Z

FLOWER MOUND - MI Windows & Doors has signed a long-term deal for 401,600 sf of distribution space at a soon-to-be finished facility at 1900 Lakeside Parkway.

As part of the economic incentive deal, the company plans to bring in 300 employees for the first five years and to hire a minimum of 500 workers in the next decade.

The move from Carrollton to an expanded facility in Flower Mound is a natural move for the business and gives MI Windows and Doors the ability to offer expanded services, CEO Matt DeSoto said.

MI Windows & Doors, a subsidiary of MIWD Holding Co. LLC, is one of the nation's largest supplies of vinyl, aluminum and composite windows and doors. The company also has manufacturing offices in Prescott Valley, Ariz. and Pennsylvania, as well as a facility in Carrollton.

The deal gives MI Windows & Doors, which Flower Mound expects to bring in $5 million in business personal property, a $50,000 relocation reimbursement grant and a 75 percent tax abatement for ten years.

The company plans to transition its Texas operations to the new facility this summer.

Dallas Business Journal
Dallas-Fort Worth-Arlington
http://www.bizjournals.com/dallas/news/2015/02/18/exclusive-window-door-maker-to-relocate-to-flower.htmlRead more at {Source}

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