OKI Data Americas — a printing technology firm — plans to move its headquarters to Irving from New Jersey following a national real estate search that will bring 100 jobs and $3.5 million of capital investment into the North Texas city.
The company, which is a subsidiary of Tokyo-based OKI Data Corp., searched sites in Georgia and Texas before landing on Irving, said Masahiko Morioka, president and CEO of OKI Data Americas.
“The friendly business climate in Irving and and the city’s proximity to Dallas-Fort Worth International Airport proved to be a winning combination,” he said, in a statement. “We are confident that Irving has all the resources necessary for us to expand our North American presence and our product lines.”
OKI Data Americas plans to move into 18,167 square feet of space within 8505 Freeport in Irving. The city of Irving and the state of Texas has provided economic incentives for the move from New Jersey.
On Thursday, Irving’s City Council voted to provide a $900 job credit per employee, which will total $93,600 when the company is fully staff in 2018. OKI Data Americas will also receive a $895,000 grant from the Texas Enterprise Fund.
The company plans on hiring executives, marketing and sales employees and administrators. The average annual salary of the firm’s employees is projected to be $86,000.
This is Irving’s 35th business to join the city with connections to Japan. Other companies include NEC Corporation of America, American Honda Motor Company and Canon USA.