This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Cramer's Action Alerts PLUS - See his portfolio and get alerts BEFORE every trade. Learn more NOW!

Addison Chosen As New Corporate Headquarters For Fiesta Restaurant Group









ADDISON, Texas, Dec. 4 2012 /PRNewswire/ -- One of the nation's most successful restaurant operators has selected Addison as the location for its corporate offices.  Fiesta Restaurant Group, Inc. (NASDAQ:FRGI) owns, operates and franchises the popular Taco Cabana® and Pollo Tropical® Restaurants. The company continues to operate brand offices in San Antonio and Miami and is in the process of hiring a team that will occupy over 20,000 square feet of office space at 14800 Landmark Boulevard.    

"We are pleased that another industry leader has selected Addison as its corporate headquarters," said Addison Mayor Todd Meier. "Our close proximity to Addison Airport, D/FW and Love Field create an ideal setting for a company like Fiesta with U.S. and international operations."

" Addison offered a competitive incentive package as well as a community with a rich talent pool for the restaurant industry," said Timothy P. Taft, Chief Executive Officer, President and Director of the Fiesta Restaurant Group. "The ability to recruit and retain talent as well as the city's central location and great amenities made Addison an ideal choice to continue to grow our business."    

"With the help of the Greater Dallas Regional Chamber of Commerce, we were able to cultivate the relationship with the company," said Orlando Campos, Director of Economic Development for the Town of Addison.  "They are a perfect fit within our targeted industrial sectors, bring in high-paying quality jobs to the region, and have a great corporate culture that blends well with Addison."

The company plans to have approximately 55 employees in the corporate offices over the next three years. It received an incentive of $100,000 under the Addison Chapter 380 program.

About The Town of Addison

Addison, Texas is alive with entrepreneurial spirit where businesses like Mary Kay, United Surgical Partners, USAA, Credera, Bottle Rocket Apps, and London Broadcasting call home.  Other restaurant chains headquartered in Addison include Fogo de Chao, Twin Peaks, Razoo's, and Snuffer's,  Within a compact urban center, Addison has a unique combination of towering office buildings, upscale shopping, beautifully landscaped residential communities, award-winning parks, 22 hotels and over 170 restaurants, all within a 5 minute drive from anywhere in Town. The Addison Airport—Texas' busiest general aviation airport—is a convenient way to arrive via charter and private planes. Addison is located 13 miles north of downtown Dallas, 16 miles northeast of DFW airport, 11 miles north of Love Field airport and about a mile from The Dallas Galleria.

About Fiesta Restaurant Group

Fiesta Restaurant Group, Inc. owns and operates the Pollo Tropical® and Taco Cabana® restaurant brands with 250 company-owned and operated restaurants and 41 franchised restaurants in the U.S., Puerto Rico, the Bahamas, Costa Rica, Ecuador, Honduras, Trinidad and Venezuela. The brands specialize in the operation of fast-casual, ethnic restaurant brands that offer distinct and unique flavors with a broad appeal at a compelling value. Both brands feature made-from-scratch cooking, fresh salsa bars, and drive-thru service and catering. Fiesta common stock is traded on the NASDAQ Global Select Market under the symbol FRGI. For more information about Fiesta Restaurant Group, Inc., visit the company's website at www.frgi.com.

 

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG

Markets

DOW 17,776.12 -200.19 -1.11%
S&P 500 2,067.89 -18.35 -0.88%
NASDAQ 4,900.8850 -46.5560 -0.94%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs