Success Story

WagnerTuning

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Why Wagner Relocated to Kilgore

After meeting Wagner Tuning at a recruiting event in California, KEDC worked for two years and made two trips to the company's German Headquarters to secure a deal that would establish a new manufacturing facility in Kilgore.

KEDC offered an array of incentives, including land at the picturesque, steadily developing Synergy park, the only campus-style business park in the Northeast Texas region. The custom-fit bonus of the pre-designed building program KEDC had invested in was the linchpin of Wagner Tuning’s investment in Kilgore. Other incentives included an initial buy-down of the lease rate in the beginning years and tax abatements from the city, county, and community college.

Synergy Park is a great business park, and the EDC team was very welcoming. Texas is a business-friendly state, and a smaller community has the important added benefit of better partnerships. The local quality of life made the decision easy.
Carsten Wagner, Owner

The Details

Wagner Tuning signed a 20-year triple-net lease with an option to purchase the KEDC-owned building. Kilgore is now the company’s first North American manufacturing hub. Since its successful establishment in Kilgore, Wagner Tuning has since relocated its California sales component in Kilgore. 

The new manufacturing facility was a capital investment of $6,200,000 in real and personal property and created 30 new jobs.