WICHITA FALLS, Tx (RNN Texoma) - An air conditioning manufacturing company in Wichita Falls is looking to expand, and it's getting help from the city.
Magic Aire was founded and opened in 1932 and has been part of the Wichita Falls community ever since.
On Tuesday, the city council passed a resolution to spend $500,000 on a $1.35 million expansion project with a current client to create service coils for air conditioners.
President Ron Duncan was thrilled about the vote and has confidence in the project. So does CEO of the Wichita Falls Chamber of Commerce Henry Florsheim.
"This is a new opportunity with a new contract from one of their existing customers," Florsheim said.
District 4 Councilor Jesse Brown said the project passed 7-0 because the city will always be willing to help with any type of economic project that means more jobs and money for the community.
"It means just that much more that we're giving back to a locally owned company who has provided great service, revenue, jobs, and families for our citizens over the last 60 years," Councilor Brown said.
The expansion will retain 100 current jobs and add 20 additional ones, something Florsheim said the economy always needs.
"Supporting local entrepreneurs to bring in more dollars, not just create jobs in Wichita Falls but to bring those profits back here so they can be spent as well, that is what economic development is all about," he said.
Councilor Brown said this project is a win for Wichita Falls.
"It's a really good feeling to be able to give back and help them grow in their pursuit of business," Councilor Brown said.
"You make people spend money here and you create an environment where people can bring in money from the outside," Florsheim said. "And that's what we've done today."
Duncan said the last four years investment has been three times what it was their first four years. He thinks their recent success sets Magic Aire up great for this expansion.