MD7 to move U.S. headquarters to Allen, Texas
MD7, a global mobile infrastructure company, will relocate its U.S. headquarters to Allen, Texas, in a move that will create 218 new jobs and more than $6.8 million in capital investment, Gov. Greg Abbott announced Tuesday, Aug. 10.
The state of Texas extended a Texas Enterprise Fund grant of $773,000 to MD7, which includes a $10,000 Veteran Created Job Bonus.
“I am proud to welcome MD7’s headquarters to North Texas and excited for the job opportunities created through this project for veterans and other hard-working Texans,” Abbott said. “The relocation of their headquarters will have a positive impact not only on the City of Allen but the entire state of Texas.”
MD7’s global headquarters is located in Dublin, Ireland.
Texas business climate attracting high tech industries
MD7 joins already thriving high-tech and telecommunications industries in Texas.
“The tech sector in Texas is strong and growing, and we are delighted to welcome newcomers like MD7 to the Lone Star State,” said Robert Allen, President and CEO of the Texas Economic Development Corporation. “Texas offers a business climate that is a great environment for these industries.”
MD7 evaluated several U.S. cities for relocation before choosing Allen, Texas. The city’s workforce, top-tier schools and community amenities were cited as factors in MD7’s relocation decision.
“We are excited to join the community of future-focused technology services companies in Texas as we open this important new location and continue to expand globally,” said Michael Gianni, CEO of MD7. “We believe the friendly business climate and the exceptional work environment for our team members will be a competitive advantage as we continue to grow to serve our customers. We are grateful for the tremendous support and incredibly welcoming approach we have received from the state and the Allen community.”
Source: Office of the Texas Governor