At the Aug. 15 Grapevine City Council meeting, Council approved an economic incentive agreement for the relocation of The Trade Group's headquarters from Carrollton to Grapevine. The incentive, which is performance-based, is expected to be around $1 million. The company provides trade show exhibit design and fabrica on services, state-of-the-art live event planning, event execution and management; general contracting services for events; interactive experiences; as well as immersive corporate and commercial design and production.
“The city of Grapevine maintains a strategic focus on attracting, retaining and growing quality businesses in our community, and I am thrilled to add The Trade Group to our growing group of companies headquartered in Grapevine," Mayor William D. Tate said in a news release. Grapevine Economic Development Director Bob Farley said the company will bring 125-130 employees to the Grapevine location. Farley said the company typically sees a 8-10 percent growth in employees a year and he expects that the company will add another 50 employees in the upcoming years.
The Trade Group has serviced some of the world’s most prominent businesses, such as Pepsico, Ubiso, Fidelis Cybersecurities, ONKYO, Deprag Inc., G6 Hospitality (Motel 6 parent company), Walt Disney, Xbox, Warner Brothers, Community Coffee, Yahoo, GoogleNest, RIOTGames/LeagueofLegends and Twitch.tv.