McKinney announced on Oct. 19 that green recycling business Wistron GreenTech will establish its U.S. recycling campus in McKinney. Wistron GreenTech specializes in electronic material recycling and precious metals refining and will bring 80 jobs to McKinney with anticipated growth to 120 jobs in the next two years, according to a press release.
“Wistron is delighted to be making McKinney the home of our U.S. electronics recycling operation. McKinney is an excellent community for our employees to live and work. City government administrators plus the MEDC (McKinney Economic Development Corporation) have all been extremely helpful and supportive during the entire process, welcoming our green recycling business to their community,” said Joseph Hsu, General Manager of Wistron GreenTech (Texas) Corp.
City officials and MEDC have worked with Wistron executives for nearly two years to facilitate the sale of the building they will occupy and bring their business to McKinney. Mayor Loughmiller and MEDC Vice President Abby Liu visited Wistron executives at their global headquarters in Taipei, Taiwan in October 2011. State Representative Ken Paxton also assisted the recruitment process.
"This is a great success for the city as we have worked for past 18 months to bring Wistron to McKinney," Loughmiller continued. "The announcement reaffirms our commitment to bring quality commercial projects to McKinney. Wistron will grow with McKinney and be a quality corporate citizen for our community."
Keith Clifton, chairman of the McKinney Economic Development Corporation, noted that "these are international jobs that are coming to the U.S. This is a result of a long-range vision and sustained leadership. Nearly two years ago, Mayor Loughmiller joined Governor Perry on an economic mission to China, and upon returning he set a long range vision for McKinney to develop our international business economy.
"There has been a strong and sustained community wide effort to bring this project home," Clifton said. "The City Council and the MEDC Board have been engaged and active throughout the process. However, I must acknowledge the heavy lifters: MEDC VP Abby Liu has moved mountains to build strong and deep relationships with our new partners; City Manager Jason Gray has been very responsive and has brought several out-of-the-box resurrecting efforts forward to keep this project alive and moving forward; Mayor Loughmiller not only had a vision but he also rose to the challenge again and again by delivering the in the trenches efforts and leadership (international travel, legislative action, mediation, etc.) to see this project through.
"These kinds of results are not an accident, but are the results of the kind of dedication and sustained efforts like those mentioned above," Clifton said. "We have much to be thankful for in a community that can rally and acknowledge those efforts."
Wistron GreenTech was formed in 2010 as a wholly owned subsidiary of Wistron Corporation, a Fortune 500 company. It is part of the Wistron Green Recycling business that also has a plastic recycling facility in Kunsan, China. The U.S. recycling campus being established in McKinney will include operations for IT asset recovery and the recycling and refining of circuit boards and batteries.
“During Wistron’s, 2011 Site Selection Survey, North Texas emerged as the premier metropolitan area for the company to establish a U.S. recycling hub and refining campus. We evaluated numerous facilities in the DFW metroplex and are very pleased to have purchased a site that meets our current needs and has an additional 37 acres available for future expansion,” said Bill Long, Strategic Director of Wistron GreenTech (Texas) Corp.
Wistron GreenTech will move into an existing 209,000 sq. ft. facility in the industrial area in McKinney near Collin County Regional Airport. The capital investment for Phase 1 equals about $14 million in the first year of operation, growing by $4 million in Phase 2 and projected to grow by an additional $3 million in Phase 3. Wistron GreenTech anticipates moving in to the new facility in January of next year.