A new kind of transportation district for bulk operations made its debut in North Texas, bringing benefits for the city of Fort Worth.

The Alliance Logistics District’s creation was announced in November as a partnership between Burlington Northern Santa Fe Railway, Hillwood, a real estate development company, and Fort Worth.

“[This is] a first-of-its-kind district that enables advanced logistics operations, including autonomous and heavy-haul freight movement,” said Nicholas Konen, vice president of strategic development at Hillwood.

The Alliance Logistics District is one of the latest developments in the master-planned community that Hillwood launched, known as AllianceTexas. It consists of three streets: Mobility Way, Distribution Drive and Intermodal Parkway.

The streets are designed so that only vehicles carrying cargo can use them, with the goal of faster and more cost-effective transportation through autonomous and semiautonomous shuttles, according to a Hillwood news release.

Konen said the district should reduce congestion on nearby public roadways and lower operational costs that would impact customers.

AllianceTexas has had a cumulative economic impact of $142.9 billion since it opened in 1990, according to a Feb. 24 presentation given to Fort Worth officials. Local communities have invested an estimated $4.55 billion in property taxes since the opening of AllianceTexas, according to its most recent economic report.

“The partnership between Hillwood and the city and all of our other public partners is stronger and more active than it’s ever been,” Hillwood President Mike Berry said.

The features

Konen said the logistics district provides a more predictable environment for the technology than traditional public roadways would.

“This controlled setting allows for safer integration of advanced vehicle technologies while maintaining oversight and adaptability as conditions change,” he said.

The vehicles used at the logistics district are designed for predictable freight movements between facilities and warehouses, Konen said.

Aurora, a self-driving technology company, will start a new driverless trucking service from Fort Worth to El Paso this year, according to a company news release. The route was greenlit after a successful trial between Dallas and Houston in April 2025, an Aurora news release states. The Dallas-to-Houston route was the first regular long-haul run in the United States.

There was one reported crash incident related to autonomous trucks in Texas in the past six months, according to data from the National Highway Traffic Safety Administration. An Aurora truck traveling 7 mph on a frontage road in Aledo, a city west of Fort Worth, brushed against a construction barrier, administration documents state.

The truck was part of a development test and not the company’s current driverless software, according to documents. The truck was manually driven to Aurora’s Fort Worth terminal, and no injuries or damage to the barrier were reported.

Zooming in

Konen said the district will appeal mostly to logistics, automation and advanced manufacturing companies that rely on inland rail ports. It will assist a rail port that provides nearly half of the trade volume in Texas, per previous reporting.

Exports at AllianceTexas have increased by 378% between 2023 and 2024, data from Hillwood shows. AllianceTexas has more than 600 companies with operations in the area as of 2025.

Companies come from multiple industries like manufacturing, automotive, aerospace and aviation, financial services, e-commerce and pharmaceutical health care. Organizations with ties to AllianceTexas include LG Electronics, Hyundai, FedEx, Amazon, Nestle and Charles Schwab, according to Hillwood documents.

Companies like Aurora and Torc Robotics also do test drives for self-driving trucks at AllianceTexas.

What they’re saying

The Standing General Order provides NHTSA with important information about crashes involving vehicles equipped with automated driving systems … [That] has allowed the agency to identify areas for defect investigation that has led to several recalls,” said Sean Rushton, Communications Director, National Highway Traffic Safety Administration

Breaking it down

Several public entities invested in AllianceTexas’ development. Of the $1.6 billion invested in 2025, 43.02% is from federal and state funds.

Looking ahead

Hillwood is investing in a new $20 million three-lane bridge to connect the BNSF intermodal facility and Alliance’s container depot. Jon Gabriel, group vice president of consumer products at BNSF Railway, said its intermodal facility helps connect roughly 1 million shipments a year to the area.

“Our facility offers sustainable and efficient capacity solutions to cargo shipper supply chains across the Metroplex,” Gabriel said.

The bridge will be mostly used by regular and autonomous semitrucks, and closed to residential traffic, according to a Hillwood news release. It will be built over FM 156 near Distribution Drive, Konen said.

“The three-lane bridge will significantly improve freight flow while reducing truck traffic on public roads,” he said.

Kelly Morris, a media and content specialist for Hillwood, said construction is underway and should be completed in late 2027.

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Hillwood says it has created the largest speculative industrial pipeline in the firm’s history with the continued expansion of the 27,000-acre AllianceTexas development.

Ross Perot Jr.’s Hillwood revealed April 13 more details about its two latest spec industrial buildings. The firm started construction in March on the 268,623-square foot Alliance Gateway 70 and the 501,235-square-foot Alliance Gateway 71, located near Independence Parkway and Henrietta Creek Road near State Highway 170.

Construction on Alliance Gateway 70 is expected to be completed in the third quarter, followed by Alliance Gateway 71 in the fourth quarter. Dallas-based Hillwood did not disclose a price tag but October filings with the state indicated an estimated investment of about $35 million between both buildings.

The buildings were designed by RGA Architects. Civil engineering was handled by Westwood and Hillwood Construction Services is the general contractor. Alliance 70 is financed by Enterprise Bank and Alliance Gateway 71 is financed by Comerica Bank.

The two buildings give Hillwood an industrial pipeline of 3.1 million square feet under construction and another 2.6 million square feet in the pre-development phase. That is the largest the spec industrial pipeline has ever been at Alliance, the huge industrial and mixed-use hub centered around the nation’s first industrial airport. Alliance has generated more than $142 billion in economic impact for the region since 1990 and supports tens of thousands of jobs, according to a third-party study.

Other speculative buildings under construction there include Alliance Westport 12, Alliance Westport 15 and Alliance Gateway 34. Jack Barkley, vice president of industrial leasing at Hillwood, said in a statement that the new buildings represent an acceleration of the company’s “most ambitious speculative construction effort yet.”

“These buildings will allow us to deliver move-in-ready Class A facilities with the power capacity and infrastructure resilience required by next-generation industrial users,” he said. “Demand from leading logistics and manufacturing companies remains exceptionally strong, driven by the unmatched multi-modal transportation capabilities of AllianceTexas and the continued growth of the AllianceTexas labor pool.”

Building on spec refers to starting construction without a tenant already signed, which is common in industrial real estate as developers try to keep up with demand.

The huge pipeline underscores Hillwood’s confidence in the allure of Alliance. In recent years, the company has filled spec buildings with a variety of tenants. That includes Georgia-based Southwire’s 1.2 million-square-foot distribution center and Taylor Sheridan’s production studios. Taiwan-based company Wistron plans to build a factory to assemble supercomputers in partnership with Nvidia inside Alliance Westport 14, which was completed last July.

The new buildings will be near the AllianceTexas Smart Port, Perot Field Fort Worth Alliance Airport and BNSF Alliance Intermodal Facility. The area is also home to a FedEx Ground hub, two UPS Ground Sort hubs, the FedEx Express Southwest Regional Air hub and the Amazon Air Regional Hub.

Alliance Gateway 70 will feature 60-foot loading bays, electric vehicle chargers and a 185-foot truck court, according to Hillwood’s announcement. The building will have 68 trailer parking spaces and 270 car parking spaces along with 2,500 square feet of office space.

Alliance 71 will have 60-foot loading bays, 105 dock doors and four drive-in ramps. The building will have 149 trailer parking spaces and 294 parking spaces along with a 2,500-square-foot main office space.

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Texas Gov. Greg Abbott compared the state’s economy to a master planned community during a stop Tuesday at the Fort Worth Stockyards. Abbott participated in a fireside chat with Hillwood Chairman Ross Perot Jr. to cap off the fifth annual Forward Fort Worth summit.

Years of design, planning and execution have resulted in what some have dubbed the Texas economic miracle, Abbott said, while pushing back on that framing. “There’s no miracle behind what Texas has done,” he said. Perot Jr. echoed that sentiment. “This was a lot of hard work and vision by our governor and your team,” he said. Abbott recounted how Texas diversified its economy after years of relying on the oil and gas industry. Now Texas is leading in sectors like finance, technology and advanced manufacturing, which have made the state more resilient in the face of a possible recession, he said. Abbott repeatedly used tech entrepreneur Elon Musk as an example of the state’s business friendly culture. Musk recently announced plans to build a manufacturing plant near Austin to make sure his companies have the computer chips they need to operate rather than relying on manufacturing in Taiwan.

Abbott framed this move in the context of the supply chain shocks during the Covid-19 pandemic that revealed how much the United States relies on imports for basic medical supplies. “We want to make sure that we are self-sustaining in the state of Texas, where we are capable of manufacturing, creating and delivering every need that Texans and Americans need right here in the Lone Star State,” he said. Abbott also highlighted Texas’ growing finance sector with the Texas Stock Exchange, and efforts to expand the state’s ship building capacity. These efforts to diversify Texas’s economy will make it one of the most self-sustaining in the world, Abbott said. Despite these successes, Abbot said there is more work to do when it comes to property taxes and education. He repeated his plan to reduce property taxes by controlling local government spending and restricting the growth in home value appraisals. Abbott, who is running for a fourth term in office, also promised to eliminate school district property taxes by shifting the funding burden entirely to the state. He also highlighted the recently passed school voucher program, which the governor argued will improve education by introducing competitive market pressure to schools. Perot ended the chat by thanking the governor, and crediting his leadership for creating a model for how a state should be run.

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Over the next several years, north Tarrant County will see roughly $1.5 billion of investments to “build a spine” of improved roads and highways. The goal is to lessen the bottlenecks along Interstate 35W, U.S. 287, Loop 820, Avondale-Haslet Road, Bonds Ranch Road and Boat Club Road.

Though it is not the final solution, planners hope to get ahead of the thousands of houses slated for the area. Money to fund the project will come from a combination of federal and state grants, Tarrant County, Fort Worth and TxDOT, officials said during a public meeting March 12 in far north Fort Worth.

AllianceTexas smart bridge

Hillwood is leading a project for AllianceTexas to construct a “smart port” that will make it easier for trucks and freight to exchange products. An $80 million federal grant is funding part of the $262 million project.

Hillwood estimates the annual truck traffic of 4.2 million vehicles will double at the BNSF Railway Alliance Intermodal Facility by 2035. Autonomous vehicles will use the Spur 170 smart bridge that connects Interstate 35W at Texas 170 to Intermodal Parkway, bypassing the roads residents use. Construction on the $103 million bridge will begin in spring 2029.

Relieving Haslet traffic

The Haslet Parkway connection between the city and Intermodal Parkway was partially finished in 2023, but has been put on pause to determine what should be done to cross the Burlington Northern Santa Fe railroad tracks parallel to Blue Mound Road. Construction will continue with either a “short bridge” or a “long bridge,” depending on federal funding. Both options connect Haslet Parkway to Avondale-Haslet Road.

The state has denied funding for the long bridge. Michael Morris, the NCTCOG director of transportation, said the plans might have been submitted to the federal government, but he won’t know for a couple of weeks. If the project does not receive money from the federal government, the plan will revert to the initial short bridge design. Morris said he will ask TxDOT to expedite the process as soon as a plan is decided. The $72.6 million Avondale-Halset Road construction began March 2 and is expected to finish in fall 2028. Once completed, the two-lane road will be a four-lane divided road with sidewalks on either side. Traffic signals will be added at Willow Springs Road North, Willow Springs Road South and Sendera Ranch Blvd.

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Fort Worth-based Bell Textron has announced an April construction start for its new $632 million factory in North Fort Worth, which will build parts for the U.S. Army’s new Bell MV-75 Future Long Range Assault Aircraft. The tilt-rotor MV-75 replaces the famed Black Hawk helicopter, flying twice as fast and twice as far while providing superior air assault and MEDEVAC capability. The Army’s contract award to Bell Textron could potentially be worth around $70 billion across the life of the MV-75 fleet, Bell has said.

The factory is sited within Dallas-based Hillwood’s massive AllianceTexas development, and could create more than 500 jobs. Bell first announced the facility in December 2024 at a press conference featuring Bell executives, Gov. Greg Abbott, Fort Worth Mayor Mattie Parker, and other officials.

According to Hillwood, filings with the Texas Department of Licensing and Regulation point to Bell Textron launching an initial $70 million on the project, including renovation and an addition to an existing building formerly occupied by Stanley Black and Decker. Kansas City-based Burns & McDonnell is listed as the design firm on the project.

“Our team is beginning work on building improvements and expansion for our new manufacturing facility,” the statement read. “This facility represents one of several investments Bell has made in our North Texas area footprint, and the team is excited to get started. We’ll share more details as the facility progresses.”

Other North Texas facilities will also support the MV-75

Bell’s planned factory in AllianceTexas is only the latest investment by the company to support manufacturing of the MV-75, which is now on an “accelerated timeline,” Hillwood said. Other new facilities in Dallas-Fort Worth include the $20 million-plus Drive Systems Test Lab in Grand Prairie to test technology including gearboxes, and a Weapons Systems Integration Lab in Arlington near Bell’s existing flight research center.

Bell will assemble the MV-75 in Amarillo, and make its fuselages in Wichita, Kansas.

More than 1,000 employees are working on the engineering and manufacturing development portion of the MV-75, Bell executives have said. Bell Textron employs more than 8,000 people, with around 4,000 of them based in Fort Worth. Those numbers could increase due to the Army contract, Hillwood noted.

Competing to train Army pilots as well

Bell is also competing for a contract to train Army pilots using Bell’s helicopters, replacing the UH-72 Lakota with the Bell 505, Hillwood said. Competition for the contract includes Denton-based M1 Support Services and Bethesda, Maryland-based Lockheed Martin. Bell advanced to the second phase of the selection process in January, according to a company announcement.

Bell’s new factory in AllianceTexas marks the state’s first approval of incentives under the new Texas Jobs, Energy, Technology and Innovation Act program, or JETI, which replaced the Chapter 313 program. JETI provides companies with a 10-year break on the maintenance and operations portion of school district property taxes by limiting the appraised value of a property, Hillwood noted, with companies having to meet job creation and investment criteria in order to qualify.

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Bell Textron Inc. plans to begin construction of its planned $632 million helicopter factory in north Fort Worth in April.

The Fort Worth-based aerospace and defense giant will build a 448,000-square-foot building at 15100 N. Beach St., in AllianceTexas, where it will manufacture rotor blades and transmissions for the MV-75, a next-generation attack helicopter. Bell has a contract to deliver the helicopters to the U.S. Army that could be worth $70 billion for the company.

Filings with the Texas Department of Licensing and Regulation indicate the company will begin $70 million of work entailing renovation and an addition to an existing building that was previously occupied by Stanley Black and Decker. TDLR filings are often preliminary and subject to change but offer a glimpse at a company’s future plans. Kansas City-based Burns & McDonnell is the design firm listed on the project.

“Our team is beginning work on building improvements and expansion for our new manufacturing facility,” the statement read. “This facility represents one of several investments Bell has made in our North Texas area footprint, and the team is excited to get started. We will share more details as the facility progresses.”

Bell originally announced its plans for the $632 million investment in Fort Worth in 2024 that could create more than 500 jobs. The company could receive millions of dollars in incentives from the city, county and state if it follows through with its plans in north Fort Worth.

The deal marked the state’s first approval of incentives under the new Texas Jobs, Energy, Technology and Innovation Act program, or JETI, which replaced the controversial Chapter 313 program. JETI provides companies with a 10-year break on the maintenance and operations portion of school district property taxes by limiting the appraised value of a property. Companies must meet job creation and investment criteria in order to qualify.

Bell’s factory in AllianceTexas represents the company’s latest investment to support manufacturing of the MV-75, which is now on an accelerated timeline. Other new buildings include the $20 million-plus Drive Systems Test Lab in Grand Prairie to test technology such as gearboxes, and a Weapons Systems Integration Lab in Arlington near its existing flight research center. The company will assemble the aircraft in Amarillo, and make fuselages in Wichita, Kansas.

More than 1,000 employees work on the engineering and manufacturing development portion of the aircraft, Bell executives said previously. The company employs more than 8,000 people total, with about 4,000 based in Fort Worth. Those numbers could increase due to the Army contract.

Bell is also competing for a contract to train Army pilots using Bell’s helicopters, replacing the UH-72 Lakota with the Bell 505. Competition for the contract includes Denton-based M1 Support Services and Bethesda, Maryland-based Lockheed Martin. Bell advanced to the second phase of the selection in January, according to a company announcement.

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A $1.25 billion-plus company investment will create over 1,500 jobs, dramatically expand domestic manufacturing capacity, and strengthen America’s supply chain independence

Significant state and local incentive package and 10-year Pentagon offtake commitment support rapid buildout and production expansion

Historic milestone fulfills a key pillar of MP’s public private partnership with the U.S. Department of War 

Northlake, Texas, February 26, 2026 — MP Materials Corp. (NYSE: MP) today announced it has selected a 120-acre site in Northlake, Texas, to develop “10X,” the company’s planned large-scale rare earth magnet manufacturing campus. Located less than 10 miles from MP’s existing Independence facility in Fort Worth, the new campus will cement North Texas as the center of gravity for the United States’ rare earth magnet supply chain.

10X will significantly expand MP’s fully integrated U.S. rare earth magnetics manufacturing platform, which already encompasses mining and refining, metallization and alloying, sintering, finished magnet production, and closed-loop recycling. Once operational, the new campus is expected to contribute to the company’s total production capacity of approximately 10,000 metric tons of NdFeB rare earth magnets per year, dramatically advancing the nation’s ability to produce these strategic components domestically. 

MP expects to invest more than $1.25 billion in the project and create more than 1,500 direct manufacturing and engineering jobs at the site. The company anticipates breaking ground imminently. Engineering and equipment procurement is well underway, with commissioning set to commence in 2028.

The decision to expand in North Texas reflects the world class workforce and deep manufacturing expertise in the region, both of which are critical to scaling a complex and globally competitive rare earth magnetics capability in the U.S.

This project is enabled by the State of Texas, Denton County, and the City of Northlake, which have approved a comprehensive incentive package totaling roughly $200 million over more than a decade, including grants, abatements and exemptions. The package includes more than $66 million in grants from the Texas Enterprise Fund (TEF) and Texas Semiconductor Innovation Fund (TSIF), underscoring Texas’ leadership in next-generation manufacturing.

The site to be acquired from Hillwood is within the AllianceTexas development and was selected following a national site evaluation process led by CBRE.

Advancing U.S. National and Economic Security Objectives Under Partnership with Department of War 

10X is a cornerstone of MP’s previously announced public-private partnership with the U.S. Department of War (DoW), which was established in July 2025 to accelerate U.S. rare earth magnet independence. This partnership provides long term demand certainty to support the rapid build out of domestic magnet manufacturing capacity, while keeping the 10X facility wholly owned and operated by MP Materials. These magnets underpin technologies central to economic resilience and national security, including drones, robotics, AI data centers, electrification, and advanced semiconductor fabrication.

Building on MP Materials’ Strong Foundation and Proven Track Record

MP Materials’ Independence facility began commercial metal production in 2024, followed in 2025 by first alloy flake and finished magnet production on commercial equipment, restoring end-to-end production capabilities in the United States for the first time in decades. The experience, technical talent, and supplier ecosystem developed through Independence form the foundation for 10X and give MP a significant advantage in scaling advanced magnet manufacturing in the U.S.

10X will incorporate next-generation NdFeB magnet manufacturing technologies, including an MP-developed Grain Boundary Diffusion (GBD) process and other innovations that significantly reduce or eliminate heavy rare earth requirements entirely while maintaining high coercivity and thermal stability. The light and heavy rare earth raw materials necessary to support 10X will be sourced from MP’s processing facility in Mountain Pass, California. Scrap from Texas magnet production will be reintegrated into MP’s short-loop and long-loop recycling circuits in Texas and California, tightening circularity and cost performance across the platform.

MP’s commercial relationships include long term commitments from some of America’s most important and technologically sophisticated end users of rare earth magnets, including a long term magnet supply agreement with General Motors and collaboration with Apple to build an innovative rare earth recycling and magnet production system—reflecting broad confidence among leading industrial and consumer technology manufacturers in the strength and reliability of a fully integrated U.S. production platform.

Strong Support for U.S. End-to-End Rare Earth Independence

James Litinsky, Founder, Chairman & CEO, MP Materials:

“10X is about building industrial strength at a scale the United States has not seen in generations, and the exceptional talent and infrastructure in North Texas make it possible. We are advancing key objectives under our public-private partnership with the Department of War and accelerating America’s rare earth and magnet independence with an uncompromising focus on speed, execution, and delivery.”

Texas Governor Greg Abbott:

“Hardworking Texans will advance America’s semiconductor manufacturing independence. This Texas-sized investment by MP Materials in Northlake will create more than 1,500 manufacturing and engineering jobs and dramatically expand domestic manufacturing of rare earth magnets to reduce reliance on foreign supply chains. This expansion in North Texas reflects the strength of our skilled and growing workforce and our deep advanced manufacturing expertise. Working together with innovative industry partners, Texas will accelerate America’s leadership for decades to come.” 

U.S. Senator John Cornyn of Texas:

“MP Materials’ plan to build a new Magnet Manufacturing Campus in Northlake is great news for Texas. I look forward to seeing how this expansion will bolster Texas’ economy, create opportunities for innovation, and strengthen our national security.”

U.S. Senator Ted Cruz of Texas:

“The Chinese Communist Party represents the most acute national security threat to the United States, yet we remain dependent on the CCP for critical minerals. MP Materials is building the infrastructure needed to undo that dependence and bolster American national security. The expansion of MP Materials’ rare earth manufacturing facility in Northlake, Texas will advance these goals while creating high-quality jobs in the Lone Star State.”

Ross Perot Jr., Chairman, Hillwood:

“AllianceTexas continues to attract advanced manufacturing that creates jobs, diversifies our economy, and strengthens America’s supply chain. MP Materials has been a strong partner, and this competitive project demonstrates how city, county, and state leaders work together to secure significant new investment in North Texas.”

To be located in Northlake within Hillwood’s AllianceTexas development, 10X will be close to MP’s existing Independence rare earth magnet facility in Fort Worth. The new campus will create over 1,500 jobs and “will cement North Texas as the center of gravity for the United States’ rare earth magnet supply chain,” MP said.

Las Vegas-based MP Materials (NYSE: MP) plans to develop a large-scale rare earth magnet manufacturing campus north of Fort Worth with a $1.25 billion investment that will create over 1,500 manufacturing and engineering jobs. The project will “dramatically expand domestic manufacturing capacity,” the company said, while “strengthening America’s supply chain independence.”

The 120-acre site in Northlake is being acquired from Dallas-based Hillwood. It lies within Hillwood’s massive AllianceTexas development and was selected following a national site evaluation process led by Dallas-based CBRE. The site is fewer than 10 miles from MP’s existing Independence rare earth magnet facility in Fort Worth.

MP plans to break ground on the new facility “imminently” and said engineering and equipment procurement is “well underway,” with 10X slated for commissioning in 2028. The new campus “will cement North Texas as the center of gravity for the United States’ rare earth magnet supply chain,” the company added.

James Litinsky, co-founder, chairman, and CEO of MP Materials, said 10X “is about building industrial strength at a scale the United States has not seen in generations, and the exceptional talent and infrastructure in North Texas make it possible.”

“We’re advancing key objectives under our public-private partnership with the Department of War and accelerating America’s rare earth and magnet independence with an uncompromising focus on speed, execution, and delivery,” Litinsky added in a statement.

Expanding MP’s rare earth magnetics manufacturing

The company said 10X will “significantly expand” its fully integrated U.S. rare earth magnetics manufacturing platform, which already encompasses mining and refining, metallization, and alloying, sintering, finished magnet production, and closed-loop recycling.

When it’s up and running, 10X is expected to contribute to the company’s total production capacity of around 10,000 metric tons of NdFeB rare earth magnets per year—”dramatically advancing the nation’s ability to produce these strategic components domestically.”

All things led to North Texas—including $200M in incentives

MP Materials said its decision to expand in North Texas reflects the region’s “world-class workforce and deep manufacturing expertise,” both of which it called critical to scaling a complex and globally competitive rare earth magnetics capability in the U.S.

The company had economic incentives for selecting the Northlake site, too. The state of Texas, Denton County, and the city of Northlake have approved a comprehensive incentive package totaling roughly $200 million over more than a decade, including grants, abatements and exemptions. More than $66 million in grants from the Texas Enterprise Fund (TEF) and Texas Semiconductor Innovation Fund (TSIF) are part of that package, the company noted.

According to Texas Governer Greg Abbott, the TEF grant of $12,880,500 was extended to MP Materials for the development of the campus’ corporate operations. A TSIF grant of $53,457,500 was also extended for the manufacturing facility on the new campus that’s expected to scale the company’s capacity to produce neodymium-iron-boron (NdFeB) magnets, which are a critical component for semiconductor manufacturing.

According to local public records and published reports, Denton County commissioners approved a 10-year tax abatement covering 50% of MP’s real and personal property taxes, capped at $9.3 million, while the town of Northlake voted unanimously in January on a 10-year, 50% property-tax abatement within a special financing district and a Chapter 380 agreement that adds a construction sales-tax rebate and up to $1 million in job-creation grants.

MP Materials has also gotten big boosts from the private sector for its rare earth magnet platform. Last July, Apple struck a $500 million deal to buy rare earth magnets from the company—with the magnets to be developed from 100% recycled materials at MP Materials’ flagship manufacturing plant in Fort Worth.

Commercial support from leading American companies also includes a long-term magnet supply agreement between MP and General Motors.

Advances Department of Defense partnership

MP Materials called 10X “a cornerstone” of its previously announced public-private partnership with the U.S. Department of Defense, which was established in July 2025 to accelerate U.S. rare earth magnet independence.

That DoD partnership “provides long-term demand certainty to support the rapid build-out of domestic magnet manufacturing capacity,” the company said, while keeping the 10X facility wholly owned and operated by MP Materials.

The magnets to be produced at 10X will underpin technologies that are key to both economic resilience and national security, MP said—including drones, robotics, AI data centers, electrification, and advanced semiconductor fabrication.

Production began at Fort Worth plant in 2024

MP Materials’ nearby Independence facility in Fort Worth began commercial metal production in 2024, followed in 2025 by first alloy flake and finished magnet production on commercial equipment, MP said—noting that the moves restored end-to-end production capabilities in the U.S. “for the first time in decades.”

The company said experience, technical talent, and the supplier ecosystem developed at the Independence plant “form the foundation” for 10X,  giving MP “a significant advantage” in scaling advanced magnet manufacturing in the U.S.

Details of what 10X will roll out

MP said the 10X facility will incorporate next-generation NdFeB magnet manufacturing technologies, including an MP-developed Grain Boundary Diffusion (GBD) process and other innovations that “significantly reduce or eliminate” heavy rare earth requirements entirely while maintaining high coercivity and thermal stability.

The light and heavy rare earth raw materials needed at 10X will be sourced from MP’s processing facility in Mountain Pass, California, the company said. Scrap from Texas magnet production will be reintegrated into MP’s short-loop and long-loop recycling circuits in Texas and California, tightening circularity and cost performance across the platform.

Project lauded by stakeholders, political leaders

“Hardworking Texans will advance America’s semiconductor manufacturing independence,” Texas Governor Greg Abbott said, adding that the 10X campus “will dramatically expand domestic manufacturing of rare earth magnets to reduce reliance on foreign supply chains.”

“This expansion in North Texas reflects the strength of our skilled and growing workforce and our advanced manufacturing expertise,” the governor added in a statement. “Working together with innovative industry partners, Texas will accelerate America’s leadership for decades to come.”

Senator John Cornyn called the project “great news for Texas,” adding that he looks forward to seeing how the expansion “will bolster Texas’ economy, create opportunities for innovation, and strengthen our national security.”

Senator Ted Cruz stressed the project’s geopolitical urgency.

“The Chinese Communist Party represents the most acute national security threat to the United States, yet we remain dependent on the CCP for critical minerals,” Cruz said in a statement. “MP Materials is building the infrastructure needed to undo that dependence and bolster American national security. The expansion of MP Materials’ rare earth manufacturing facility in Northlake…will advance these goals while creating high-quality jobs in the Lone Star State.”

Hillwood Chairman Ross Perot Jr. welcomed the key addition within his company’s AllianceTexas footprint.

“AllianceTexas continues to attract advanced manufacturing that creates jobs, diversifies our economy, and strengthens America’s supply chain,” he said. “MP Materials has been a strong partner, and this competitive project demonstrates how city, county, and state leaders work together to secure significant new investment in North Texas.”

Business is booming in AllianceTexas. The 27,000-acre business hub in north Fort Worth says it generated $12.9 billion in economic impact in 2025 and roughly $50 billion in the last five years. That accounts for more than a third of the hub’s $142.9 billion impact to the North Texas region since its inception in 1990. “The economy here is stronger than I’ve ever seen it,” Hillwood president Mike Berry said, speaking at a Fort Worth City Council work session Tuesday. Dallas-based Hillwood is the developer of AllianceTexas. He acknowledged national and global issues have created economic uncertainty, but said that uncertainty appears to be driving business to North Texas. Berry credited the development’s long-term partnership with the city, which started with the creation of the world’s first solely industrial airport, as key to its success.

He pointed to other partnerships, including a 10-year tax abatement for artificial intelligence parts manufacturer Wistron Technologies, that helped bring a new manufacturing plant to the Alliance business district.

That deal helped bring three other companies working on advanced manufacturing related to AI, creating a combined 4,400 jobs in the last six months, Berry said.

Across the business district, AllianceTexas now supports roughly 73,000 jobs, according to Berry’s presentation.

It’s also generated around $904 million in property taxes for the city of Fort Worth, three times the amount the $319 million that the city has invested in the district, according to a Hillwood economic impact report.

Berry also referenced a 2025 Texas Comptroller report that calculated the district had a roughly $16 billion impact on the state’s economy in 2024 Moving forward, Berry credited the city for creating the 14,000 acre Alliance Logistics District, which paved the way for innovations in self-driving truck and smart port technology.

“It may not sound very cool, but it will be one of the most unique inland ports in the country,” Berry said.

In a press release announcing Hillwood’s economic impact report, Mayor Mattie Parker praised the development’s impact on the city.

“Fort Worth continues to be one of the fastest-growing cities in the country, and AllianceTexas is playing a significant role in shaping our opportunity potential,” Parker said in the press release.

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AllianceTexas, Hillwood’s 27,000-acre master-planned, mixed-use development in north Fort Worth, stands as one of the most successful public-private economic development models in the nation, driving transformative growth and industry diversification at an unprecedented scale. Over the past 36 years, it has generated an estimated $142.9 billion in regional economic impact, including $12.9 billion in 2025 alone, according to Insight Research Corporation’s annual report. 

Total investment in AllianceTexas reached $18.3 billion in 2025, including $16.7 billion from the private sector and $1.6 billion in public investment (roads, schools, public safety facilities and other infrastructure), representing a roughly 10-to-1 private-to-public investment ratio.

See the full AllianceTexas Annual Economic Impact Report here.

AllianceTexas is now home to 602 companies and directly supports 73,134 jobs. Since 1989, 64.7 million square feet of office, retail, and industrial space have been developed. The AllianceTexas development features corporate headquarters, healthcare providers, higher education centers, shopping and entertainment destinations and thoughtfully planned residential neighborhoods.

“AllianceTexas is a powerful example of sustained growth and continued exponential return on investment for our public partners and the residents of the communities we serve,” said Mike Berry, president of Hillwood. “The momentum we’re seeing with industry leaders like Wistron, MP Materials, Embraer, and even SGS Studios reflects the power of strong collaboration and a shared vision for the future. What we’re building together is just the beginning of a generational opportunity for Texas.”

Beyond regional economic impact, the Texas Comptroller’s office recently recognized AllianceTexas as the primary inland port for the southwestern United States. Their study found that, as a port, AllianceTexas contributed $834.6 million to Texas port trade in 2024, a 550.7% increase since 2016. As well as port activity contributing $16.3 billion to the State’s GDP and supporting approximately 137,000 jobs in 2024. During a recent visit to the development, Acting Texas Comptroller Kelly Hancock stated, “AllianceTexas is a clear example of how forward-thinking infrastructure keeps our economy strong and competitive worldwide.”

Recent AllianceTexas highlights include:

• SGS Studios: Hillwood partnered with Taylor Sheridan’s SGS Studios to develop Texas’ largest production campus, spanning 450,000 square feet and accommodating four major productions simultaneously. The campus positions Fort Worth as a national entertainment hub, supported by a workforce pipeline through Tarrant County College, which is currently training 150 students and will soon train an additional 300. In 2025, Paramount Television fully activated the campus, producing Landman Season 2, which broke Paramount+ viewing records, along with three additional series. SGS Studios has created over 3,800 direct jobs.

• Wistron AI Advanced Manufacturing Facilities: Wistron, one of the world’s largest electronics manufacturers, is investing $761 million in 1.1 million square feet of AI supercomputing facilities at AllianceTexas, creating 800 jobs and strengthening North Texas’ position in advanced technology manufacturing and the border reshoring movement that brings critical manufacturing, logistics and innovation back to the U.S.

• Embraer MRO Expansion: Embraer, a global leader in the aerospace industry, opened a new MRO facility at Perot Field Fort Worth Alliance Airport and began operations while kicking off construction on a second hangar that is slated for completion in 2027. This $70 million investment will create 250 aviation jobs and increase U.S. service capacity by 53%.

• The Alliance Logistics District: The 1,400-acre Alliance Logistics District is a first-of-its-kind mobility hub within the Smart Port at AllianceTexas. Developed with BNSF and the City of Fort Worth, it enables autonomous or semi-autonomous vehicle deployment, CDL-exempt private hostler operations between the intermodal facility and nearby warehouses, and permit-free heavy-haul movements of over 80,000 pounds. Hillwood is also investing $20 million in a heavy-haul bridge that directly connects 15 million square feet of industrial space to BNSF’s intermodal facility, easing public road congestion.

“Fort Worth continues to be one of the fastest-growing cities in the country, and AllianceTexas is playing a significant role in shaping our opportunity potential,” said Fort Worth Mayor Mattie Parker. “From advanced manufacturing and AI to aviation, logistics and film production, we are building a diversified, future-ready economy that creates high-quality jobs and strengthens our position nationally. Strategic investments like these reinforce Fort Worth as a city where innovation thrives, infrastructure leads and opportunity continues for generations to come.” 

Further strengthening its industrial footprint, Hillwood expanded its largest-ever speculative industrial construction pipeline at AllianceTexas, with four buildings totaling more than 3.4 million square feet currently under construction.

Geographically, AllianceTexas encompasses nine municipalities, five independent school districts and two counties. Since 1990, $4.6 billion has been paid in property taxes cumulatively to the Cities of Fort Worth, Haslet, Roanoke, Northlake, Westlake and Corral City; Tarrant and Denton Counties; and Northwest, Keller, and Argyle Independent School Districts (City of Denton, Denton ISD, the City of Justin, and the City of Argyle were not included in the 2025 report, as development is still forthcoming). In 2025 alone, the project contributed $366.5 million in property taxes to these local entities.