Construction has started in Denison on a nearly 90,000-square-foot industrial building for NTI Global, a local manufacturer of flexible ducting whose earlier facility was damaged in this year's ice storm, KTEN reported Monday.
The building will also include two spaces that other businesses can lease. City leaders told the station that move-in-ready industrial space is something Denison has been missing, and developers said they hope the extra room draws more companies to town.
Developers expect construction on the NTI Global project to take nine to 10 months, with completion targeted for the end of summer 2027, according to KTEN.
"It allows our residents to have high-paying jobs here without having to commute to other cities or even down into the Metroplex," Charlie Pool, chairman of the Denison Development Alliance, told KTEN. He said the project also shows businesses are willing to invest in Denison's future.
KTEN described the development as unrelated to the high-technology projects that have dominated recent economic news in the area. The station did not report the building's address, its developer or how many people will work there.
