Fort Worth's Transportation Industry
Geography is a powerful ally – a concept the leaders of Fort Worth recognized long ago and leveraged.
The Dallas-Fort Worth Metroplex is one of the largest points of distribution and logistics in the nation for good reason. Located in the geographic center of the continent’s four major business centers – New York, Los Angeles, Toronto and Mexico City – products from the region can reach 98 percent of the U.S. population within 48 hours by truck or rail.
“Our central location in the United States is a major asset,” says Christina Weeks, vice president at Hillwood, developer of AllianceTexas. “But the success we’ve had is the result of the transportation components.”
AllianceTexas Generates Jobs
AllianceTexas is a 17,000-acre master-planned, mixed-use community located in north Fort Worth. AllianceTexas offers a variety of commercial real estate options, including new industrial, office and retail space. Anchored by the inland port known as the Alliance Global Logistics Hub, AllianceTexas is home to 265 companies and 30,000 employees. The success in generating jobs and economic development investment is tied to its logistical advantages – the ability to move goods to customers.
“The Alliance Global Logistics Hub connects Fort Worth to the rest of the world,” Weeks says.
The inland port, which boasts all modes of access except for a seaport, is one of the first and largest in the nation. It includes the BNSF Railway Intermodal Facility, two Class 1 rail lines, Fort Worth Alliance Airport – the nation’s first purely industrial airport – and access to Interstate Highway 35, known as the NAFTA Superhighway.
GE Transportation Invests $96 million
Those transportation assets attracted FedEx, which located its third-largest American hub in the Fort Worth region. In the third quarter of 2012 another 500 people will have new high-tech manufacturing jobs thanks to the opening of the $96 million GE Transportation locomotive manufacturing facility. GE could add another 275 jobs in the coming years. The company is expanding the size of its existing building to 900,000 square feet and points to access to rail lines as critical in its decision to invest in a manufacturing plant in the region.
“We are excited to expand our operational footprint in the U.S. and build on our more than 100-year commitment to the rail and related transportation industries,” says Stephan Koller, director of communications for GE Transportation. “The facility in Fort Worth helps us to strengthen our overall competitiveness. It’s an asset that allows us to manufacture our leading heavy-haul, freight locomotives, test them on an adjacent rail line and deliver them to our railroad customers in North America, including BNSF. We are looking forward to joining Fort Worth’s business community.”
Learn about other industries in Fort Worth, TX.