A mobile infrastructure consulting business, MD7, has plans to move its headquarters from San Diego to Allen, Texas. Elected officials, the head of a city development agency and a company executive expressed themselves about the relocation in a statement issued by the state governor’s office. The relocation will create 218 new jobs and more than $6.8 million in capital investment, according to the statement. It said that a Texas Enterprise Fund (TEF) grant of $773,000 has been extended 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 hardworking Texans,” said Gov. Greg Abbott. “The relocation of their headquarters will have a positive impact not only on the City of Allen, but the entire state of Texas. MD7 will join an already thriving tech and telecommunications industry in the Lone Star State, and I look forward to the opportunity and prosperity that is to come through their relocation to Texas.”
State Sen. Angela Paxton said that she was excited to welcome MD7 to Allen to join a number of corporate headquarters that call North Texas their home, many of them within Senate District 8 and Collin County. “The Texas economy continues to be a magnet for companies and employees seeking new expansion opportunities,” she said.
State Rep. Jeff Leach said that the decision of MD7 to plant roots in Allen was wonderful news not only for MD7 and its talented employees, but also for Allen citizens and for Texas. “I can think of no better place in America to make a living and raise a family than here in our backyard — and MD7’s decision to invest here is evidence of that,” he said. “I am proud of the active, collaborative partnership between our community and our state leaders to make this happen and look forward to our continued strategic and dynamic growth in the days to come.”
Michael Gianni, CEO of MD7, expressed excitement on behalf of the company to join the community of what he called future-focused technology services companies in Texas, as MD7 opens the new location and continues to expand globally. “We believe the friendly business climate and exceptional work environment for our team members will be a competitive advantage as we continue to grow to serve our customers,” he said. “We are grateful for the tremendous support and incredibly welcoming approach we have received from the state and the Allen community.”
Allen Mayor Ken Fulk said that the city of Allen was thrilled to welcome MD7, noting that the company would brings hundreds of well-paying jobs to the city’s Watters Creek District. “With a strong state and local incentive package, MD7 will join a growing list of corporate citizens that bolster Allen’s diverse tax base and align with our city’s strategic plan,” he said.
Dan Bowman, executive director of Allen Economic Development, said that MD7 evaluated numerous cities around the country. “Workforce, top-tier schools and the amenity-rich One Bethany at Watters Creek made Allen a natural fit for this innovative company,” he said.