At its Oct. 26 meeting, the Plano City Council approved a $400,000 economic incentive for FleetPride, a national distributor of truck and trailer parts. The incentive is tied to the company’s commitment to spend $2 million on renovating an 83,939‑square‑foot office space at Granite Park 3 and to create 393 full‑time positions.
Economic development goals
Plano Director of Economic Development Michael Talley emphasized the city’s focus on job creation. “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,” he said.
Job commitments and timeline
According to city documents, FleetPride must provide at least 325 full‑time jobs—or the equivalent—by Dec. 31, 2027 and maintain those jobs for a minimum of 180 days before the grant is paid. The company’s projected workforce of 393 full‑time employees would bolster Plano’s already strong employment base.
Company background and relocation
FleetPride’s corporate headquarters are currently in Irving, Texas. Following its 2025 merger with heavy‑duty distributor TruckPro, the company plans to relocate its main office to Plano before the end of 2027. The move will expand the company’s distribution and service network across the United States and Canada.
Plano’s incentive program
Plano’s Economic Development Grants have been used in recent years to attract and retain businesses, including the new AT&T headquarters and a local dairy brand, Daisy Brand sour cream. The city’s incentive fund is supported by a 2‑cent per $100 property‑valuation tax increase approved in 2006.
Community impact
The new office space is expected to bring additional tax revenue, increased traffic for local businesses, and expanded career opportunities for Plano residents. With nearly 400 jobs slated to be created, the project aligns with Plano’s long‑term strategy of fostering high‑pay, skilled employment in the region.
City officials will continue to monitor FleetPride’s progress to ensure the company meets its job‑creation commitments before the incentive funds are released.
Original reporting: Community Impact — Plano — read the source article.