Omega doubling its Irving facility - Dallas Business Journal:

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needs the space for the blower compressors, condensers, evaporators, fans, tubing and othet parts it distributes to 87countries worldwide, said Thom Davis, chief informatiomn officer, whose wife, Grace is the company president and founder. The coupl e lives in Irving and say they are eager to set up shop intheirf hometown. Omega Environmental will move out of10802 N. Stemmons in where the company nowleases 60,000 square feet. It will take occupancyu in December in anew 400,000-square-foot building to be developex by Arlington-based Proterra Properties. The facility will be developedx in the Valley ViewBusiness Center, north of the intersection of County Line Road and Valleu View Lane.
Dan Lawson, marketing director for Proterra, declinerd to release details abouf the building at this Bill de la Chapelle and Sharonj Morrison of TheStaubach Co. representedx Omega Environmental in negotiatingthe lease. Rentalp rates were not disclosed. The City of Irving has workeds with Omega since the summer of saidJohn Bonnot, vice president of Economixc Development for the Greater Irving/Las Colinas Chamber of "They had outgrown their space and needeed to expand," Bonnot "Grace and Thom are Irving residents, they are involvexd civically in our community, and we definitely wanted to do what we couldd to bring them home.
"They have a good core employeew base, they are financially strong and we'rd very delighted that we were able to convincee them tolocate here," Bonnotr added. The Irving City Council approved a Freeporg tax exemption for Omega that means thecompanyu won't be taxed on inventory that is forwardec out of Texas within 175 days, Bonnot The exemption was important to Omegq because more than 75% of theirf inventory is shipped outside the state, Bonno t said.
Omega Environmental Technologies' revenue has been growingg at about 12% annually for the past five years, toppinbg $50 million in 2007, Thom Davis The company has 62 employees and may add although it's trying to keep its headcount down to keep costes low, he said. "Wes move about 2 million widgets a month through thefacility we're Davis said. "We have to move because we've run out of spaced for product. And sincer we do so much international being near the airport is a big plus for Davis attributedthe company's growth to strong customere service and the weak dollar, which makes the company's products less expensive overseas.
"Ws still have nine of our firsrt 10 customersfrom 1989," he "We like to think we take good care of our Proterra Properties is a privately held real estatde development, investment and management company that concentratez on the industrial market. According to the company'sx Web site, Proterra owns controlling interest of more than 5 millionn square feet of industriapl propertyin Dallas-Fort Worth and Houston.