Kingspan Authorized to Assume Magic Aire Incentive Agreement
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Description
The City Council approved Resolution 38-2026 allowing Kingspan Group plc (UEC-LP) to assume the existing Wichita Falls Economic Development Corporation performance agreement with MA Acquisition Co, LLC (Magic Aire). All terms of the original economic development contract will remain in force under the new owner.
Contract Details
Vendor
KINGSPAN GROUP PLC (UEC-LP)
Agency
City of Wichita Falls city, TX
Contract Type
FINANCIAL_SERVICES
Document Date
April 21, 2026
Renewal Info
Existing WFEDC performance agreement is assigned to Kingspan Group plc (UEC-LP) with all original terms and conditions continuing unchanged.
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City of Wichita Falls City Council Agenda May 19 2026
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