Wiring firm completes move from Corinth to old Russell-Newman building
Safran Group’s Labinal Inc., which provides electrical wiring systems designs, manufacturing and installation for the aviation, space and defense industries, officially completed its corporate relocation from Corinth to Denton.
Labinal’s new North American headquarters is at the former Russell-Newman building, 3790 Russell Newman Blvd. off Loop 288, according to a company announcement made earlier this month. At 130,000 square feet, the building is twice the size of Labinal’s previous headquarters at the CoServ building on Interstate 35E in Corinth.
Ashlie Bagley, human resources manager for Labinal’s Denton manufacturing facility, said the company considered the impact that a potential move would have on its workforce.
“Based on a demographic study, we concluded that Denton was an ideal location in order to limit commuting time and retain the talent and tenure within our team,” Bagley said in a statement.
The new location can accommodate more than 680 employees. The building is being renovated and more parking areas will be added.
Last December, Denton City Council members unanimously approved a Chapter 380 economic development grant for the company with an estimated value of $72,000 to $100,000.
“The grant equals to 50 percent of the revenue of the improvement of their site for three years,” said Michelle Cunningham, business development officer with the city’s economic development office.
Cunningham said she was pleased with the company’s move to Denton because Labinal has a good reputation and is known for giving back to the community.
Labinal supports the Susan G. Komen for the Cure North Texas Affiliate, Relay for Life of Denton and other philanthropic causes, according to a news release.
“That is exactly what we want in Denton,” Cunningham said.
Labinal is presently working with Workforce Solutions for North Central Texas to train more workers in wireless networking, Internet security, networking and security appliances, server support and other positions. All training is provided at North Central Texas College.
To date, 600 people have completed training. The four-year grant project is expected to train 4,151 people over that time period, according to Natalie Moffitt, workforce development manager with the North Central Texas Council of Governments.
“From a workforce perspective, it is positive when a Dallas-Fort Worth [area city] is able to keep an employer in the region,” Moffitt said in an e-mail.
Jorge Ortega, Labinal’s vice president and general manager, said in a statement that the relocation was essential to the company’s growth because it will allow the company to increase its capacity to support current and future demands in the aerospace market. Some of Labinal’s customers include Boeing Co., Sikorsky Aircraft and Bell Helicopter.
Labinal purchased its previous location in Corinth from Boeing in 2003 and made its corporate move from Oklahoma to Texas in 2009.
KARINA RAMÍREZ can be reached at 940-566-6878. Her e-mail address is email@example.com.