High-rise commercial buildings

Sub Markets

Property Sectors

Topics

Texas CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

Texas  + Dallas-Fort Worth  + Industrial  | 
Raytheon McKinney

Raytheon’s Facility is Part of $100M Collaboration with McKinney EDC

Raytheon Intelligence and Space (RI&S) recently opened a new intelligent manufacturing facility outside Dallas. The firm also announced plans to build a new facility as part of the company’s real estate modernization and consolidation efforts.

RI&S opened the 178,000-square-foot advanced integration and manufacturing center at its McKinney location. The center is a result of a $100 million investment and collaboration with the McKinney Economic Development Corporation that included a commitment to generate 500 skilled jobs, which is already complete.

“Our new advanced integration and manufacturing center and plans for greater expansion reflect a deliberate strategy to transform ourselves by investing in new digital capabilities,” said Roy Azevedo, president, RI&S. “We are laser-focused on improving our agility as we develop and deliver the world’s finest technologies to our valued customers.”

RI&S unveiled its latest investment to build a 400,000-square-foot factory, lab and office space at its McKinney campus to open by 2025. The larger, consolidated modern manufacturing operation in McKinney will make it possible for RI&S to develop, build, test and deliver more advanced technology and will generate another 700 jobs. RI&S will also outfit a new 250,000-square-foot leased facility in North Texas to house technology programs.

Connect

Inside The Story

Raytheon

About Lisa Brown

Lisa Brown has decades of experience in corporate communications and marketing management with organizations including Coldwell Banker Residential, Grubb & Ellis, Marcus & Millichap, NAIOP, SIOR and ALM. In those positions, she worked in conjunction with chief executive officers and chief marketing officers to create corporate messaging, cohesive branding standards, strategic marketing plans and thought pieces. Brown is a frequent speaker at industry events and an editing adjunct professor for an online course. She has a master’s degree in mass communications from San Jose State University.

  • ◦Development