A French-Canadian baked goods company may locate its first manufacturing facility in North Texas.
DALLAS — This article was originally published by a Dallas Business Journal content partner. You can read the original article here.
A French-Canadian baking company is opening its first manufacturing facility in Texas in Lancaster, south of Dallas, with a potential investment of more than $400 million.
Lancaster Economic Development Director Shane Shepherd said Breeder USA is deciding whether to build its next plant in Lancaster or out of state.
If the company chooses Lancaster, it could invest about $410 million over 10 years and create 171 jobs, according to recent public documents.
The facility will likely be built on approximately 49 acres at 2101 and 2421 East Loop Road. The Lancaster Planning and Zoning Commission voted Nov. 5 to rezone the site to allow construction of a large industrial bakery with no retail use.
Attempts to reach Breider for comment were unsuccessful. Trey Fricke of Lee & Associates, the broker representing the property, declined to comment.
Lancaster City Council on Dec. 9 approved an approximately $3 million performance agreement and economic development agreement for a potential three-phase industrial project. The incentive package treats each phase as a separate project, giving the company “confidence that Lancaster is good for business today and will continue to be good for business as investment and employment increases,” Shepherd said. spoke.
The first phase of the project will construct an approximately 150,000 square foot facility and create approximately 111 jobs at a median hourly wage of $29. Under the terms of the incentive agreement, this first phase must be completed by January 2030. Investment in this phase is estimated at $110 million.
The second phase will expand the site to 300,000 square feet and allow for an additional 30 jobs, while the third phase will expand the site to 450,000 square feet and increase total employment to 171 people. Additional stages must be completed by the end of 2039.
If the company meets all of the project’s Phase 1 requirements, Bridor will receive $1 million upon go-live and will be eligible for an additional $1 million upon meeting job creation and investment criteria. The company is also eligible to receive an additional $500,000 if it meets the Phase 2 and 3 investment and employment criteria, as well as a 55% commercial real estate tax rebate and new investments in real estate. You can also receive a tax refund of up to 50%.
Breeder has 90 days to close on the property and may also apply for state incentives, Shepherd said.
Bridor was founded in Montreal in 1984 and makes bread and other baked goods for customers including hotels, cafes, grocery stores and restaurants. The company’s only U.S. factory is currently in New Jersey, according to its website.
The company is not the only company currently considering a nine-figure investment in Lancaster. NTT Global Data Centers Americas Inc. could invest approximately $250 million to develop a 225,000 square foot data center and create at least 27 jobs with an average salary of $80,000.
