D ECONOMY: NEWS
Multinational Beverage Company Proposes Major Manufacturing Project in the Inland Port
On June 17, 2026, the Dallas City Council authorized an economic incentive agreement with Amarumayu, LLC, the U.S. subsidiary of global beverage producer AJE Group — one of the world's largest drink manufacturers — to establish a new, 350,000 square foot beverage manufacturing facility in City Council District 8. The facility would be used to fulfill a private label contract for one of the largest retailers in the United States. This project is estimated to have a total capital investment of $69.5 million, including $3.3 million in tenant improvements and $66.2 million in equipment by 2028. It will also create approximately 166 new permanent full-time jobs by the end of 2031, with an average wage of $51,000.
AJE Group operates in more than 20 countries across North and South America, Asia, and Africa. The company has approximately 11,000 employees worldwide, and this project would be the first significant investment in the United States.
The agreement authorizes a 10-year business personal property tax abatement for 50% of the City’s portion of the increased taxable value tied to new business personal property. The company will also collaborate with Dallas College to support long-term workforce pipelines. This project will strengthen Dallas’ manufacturing market, expand manufacturing job opportunities, and support long-term workforce development in the Inland Port.
Dallas Advances Three Major Community Development Projects with New Markets Tax Credits
On June 24, 2026, Dallas City Council authorized three New Markets Tax Credit transactions that provide allocation from the Dallas Development Fund (DDF) to support community development projects through New Markets Tax Credit (NMTC) financing. Since 2009, DDF has received $240 million in NMTC allocation and closed 25 transactions that support job creation, community services, and investment in low-income areas. DDF’s most recent $55 million award is enabling this next round of high-impact projects. The NMTC program incentivizes community development and economic growth by providing federal tax credits that attract private investment to distressed communities.
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Forest Theater Redevelopment – Up to $8 million in NMTC allocation to restore and expand the historic Forest Theater into a 45,000 square foot arts, education, and community hub in South Dallas. The project will include a 1,000-seat concert hall and a 200-seat studio theatre for community events, arts programming, and performances. There will also be a creative laboratory for movement, visual arts and recording studios, flex space, resource center, sensory immersion room, and classrooms for arts education, as well as the neighborhood’s first Starbucks.
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The Salvation Army Social Service Campus – Up to $8 million in NMTC allocation for Salvation Army to build a new 21-acre campus that will provide 66 units with 255 emergency shelter beds and 134 units with 297 supportive housing beds, as well as healthcare services, childcare, and job training for more than 5,000 individuals annually. Onsite partners will include Parkland Health, Metrocare, Family Gateway, Vogel Alcove, Legal Aid of NorthWest Texas, and Integrated Psychotherapeutic Services Recovery.
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Pecan Deluxe Manufacturing Expansion – Up to $15 million in NMTC allocation to construct a new production facility at the company’s existing location in West Dallas, expanding capacity by 33% and supporting over 340 quality jobs, many accessible to those without a four-year degree. The 3-acre site will have a new state-of-the-art production facility and include 83,656 square feet of production space, 13,400 square feet of installed freezer and cold storage space, and a new boba production line.
These three developments represent major investments in economic mobility, workforce development, and revitalization across Dallas.
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