ANDREW to Relocate and Expand Richardson-Based HQ

The City of Richardson is pleased to announce ANDREW will relocate and expand its HQ within the city, reinforcing Richardson's role as a hub for advanced manufacturing and technology-based employment. The company will move from 2601 Telecom Parkway to a nearby facility at 2920 Telecom Parkway, where it will lease approximately 42,000 square feet of office, engineering, and lab space under a long-term agreement. The relocation supports ANDREW's continued global growth and strengthens the company's presence in Richardson, where its senior leadership, global headquarters, R&D teams, and advanced testing functions are based.

"ANDREW has long been a valued employer in Richardson, and we are pleased the company has chosen to further invest in its headquarters here," said Richardson City Manager Don Magner. "This relocation underscores confidence in Richardson's business climate and aligns with our strategic focus on attracting and retaining innovative companies that provide high-quality jobs and sustained economic investment."

The move builds on Richardson's strengths, including its skilled workforce, access to transportation infrastructure, and proximity to major institutional partners such as The University of Texas at Dallas and DART.

Andrew's Expansion Investment

As part of the relocation, ANDREW will make a capital investment of more than $2 million to support tenant improvements and the addition of new furniture, fixtures, and equipment at its new Richardson facility. The relocation includes a minimum ten-year lease for approximately 42,000 square feet of office and manufacturing space at 2920 Telecom Parkway.

The expansion will retain the company's current workforce in Richardson and support the potential addition of highly skilled positions in the coming years.

"Richardson has been the historical home of ANDREW for decades, and we are proud to continue building our future here," said Farid Firouzbakht, Group General Manager. "This relocation is a natural evolution that allows us to strengthen our headquarters, expand our R&D and testing capabilities, and support the long-term growth of our global organization. Staying in Richardson reflects our commitment to continuity-honoring our roots while creating a foundation for the next chapter of innovation and leadership."

Richardson's Economic Development Support

To support the relocation and expansion, the City of Richardson has approved a $150,000 business retention grant structured around the company's commitments to lease space, capital investment, and job retention and creation.

How Richardson Creates A Better Climate for Business

Richardson offers one of the strongest business climates in North Texas due to a combination of factors including:

• Strategic Location in the Dallas-Fort Worth Metroplex
  • Richardson sits at the heart of the DFW region, with direct access to major highways, commuter and light rail (DART), and proximity to two major airports, making it ideal for regional, national, and international business operations.
• Thriving Industry Clusters
  • The city is home to robust clusters in technology, advanced manufacturing, and professional services. Major employers include Collins Aerospace, Raytheon, 1Finity (formerly Fujitsu), State Farm, and Texas Instruments.
• Highly Educated Workforce & Talent Pipeline
  • Richardson is in proximity to a large skilled labor force, with a high percentage of area residents holding advanced degrees. The University of Texas at Dallas, located in Richardson, fuels innovation and provides a steady pipeline of tech-savvy graduates.
• Innovation-Friendly Infrastructure
  • The Richardson Innovation Quarter (The IQ^®), a 1,200-acre innovation district, supports research, entrepreneurship, and Smart City applications. It serves as a collaborative hub for startups, corporations, and university research centers.
• Pro-Business Policies and Incentives
  • Richardson offers competitive incentive programs, streamlined permitting, and economic development tools like Chapter 380 agreements and Tax Increment Financing (TIF) to support business growth and expansion.
• Stability Through Diversification
  • With a mix of industries comprised of both domestic and international investment, Richardson's economy is resilient through both strong and weak economic cycles.

Available Incentives for Investing in Richardson

The City of Richardson's Economic Development Department encourages all businesses considering expansion and/or relocation to submit applications for various incentives.

Available incentives include:

• Building modernization grants,
• Building and tenant improvement grants,
• Permit fee waivers, and
• Job creation grants.

Incentives are available to entities that commit to significant capital investments, noteworthy job retention or creation or long-term lease agreements. Each application is evaluated on its own merits to ensure it aligns with Richardson's goals of fostering economic growth and enhancing the community's competitiveness.

www.RichardsonEconomicDevelopment.com

About Andrew

ANDREW, an Amphenol company, is a global provider of wireless network infrastructure solutions. With more than 4,000 employees worldwide, the company supports mobile operators and enterprises in deploying cutting-edge connectivity for both outdoor and indoor environments. ANDREW's products and services are delivered through a portfolio of trusted brands, including ERA®, ONECELL®, HELIAX®, MOSAIC®, SEED®, PIM Guard®, and POWERSHIFT®.

About Richardson, Texas

Located just north of Dallas, Richardson is a culturally diverse community offering a blend of urban amenities with exceptional suburban service. Richardson benefits from being home to The University of Texas at Dallas, a research powerhouse. UT Dallas' influence is felt in the presence of dynamic businesses in sectors such as advanced additive manufacturing, biotechnology, finance, software development, and R&D, as well as hosting incubators for entrepreneurial start-ups. Richardson's thriving, innovation-focused economy creates numerous opportunities while also supporting a historically stable local government capable of delivering high quality-of-life and exemplary services for a diverse array of neighborhoods and multi-modal transportation options, enabling easy access to the entire DFW Metroplex. The community is regularly recognized in third-party rankings as one of the best places in the nation to live, raise a family, start a career, go to school, buy a home, and retire.

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