In Sherman, Texas, We Are Just Getting Started!
Industry in Sherman has been developing since the mid-1800s, but the best is yet to come. Sherman Economic Development Corporation focuses on providing excellent customer service to achieve strategic growth in the primary employment sector, specifically in companies with statewide, national, and global markets. At SEDCO, we are always investing; never satisfied. We stand ready to assist companies, commercial real estate professionals, and site location consultants with up-to-date information about the market.
Texas Instruments: A Triumph of Business Retention and Expansion
Texas Instruments chose Sherman for its estimated $30 billion new fabrication campus with plans to produce 300-millimeter semiconductor wafers and create over 3,000 jobs. It isn't just the biggest industrial deal in Sherman's history but the biggest in Texas' history. What made this win even more of an achievement is that the company had announced in 2020 it was closing its existing Sherman facility.
Sherman edged out Singapore as the home for the tech giant’s new manufacturing plant with an incentives package that included a quadruple property tax abatement by the City of Sherman, Grayson County, Grayson College, and the Sherman Independent School District. The Sherman site has the potential for up to four plants, known as “fabs,” to meet demand over time since semiconductor growth in electronics — particularly in industrial and automotive markets — is expected to continue well into the future.
On top of winning the biggest industrial project in Texas' history, this deal is a triumph that earned SEDCO a 2021 Impact Award.
Successful Deals
2024 Projects
| Project | Investment | Jobs |
|---|---|---|
| PQD International Product Development, Prototyping, Manufacturing and Engineering Services | $600,000 | 3 New, 16 Retained |
| Sunny Delight Sunny Delight and Juicy Juice Beverages | $8,000,000 | 175 Retained |
| Coherent (formerly Finisar/II-VI) Vertical-Cavity Surface Emitting Lasers | $98,000,000 | 38 New, 338 Retained |
| Mueller Metal Fabrication | $560,000 | 7 New, 15 Retained |
| Molinos/Lawrence Equipment Corn Mill Production | $35,000,000 | 25 New |
| Easy Foods Corn and Flour Tortillas and Tortilla Chips | $50,000,000 | 238 New |
| TOTAL 2024 | $ 192,160,000 | 311 New, 544 Retained |
2023 Projects
| Project | Investment | Jobs |
|---|---|---|
| GlobiTech Silicon carbide (SiC) deposition on silicon wafers | $100,500,000 | 214 Retained |
| Eaton B-Line Metal Enclosures | $1,990,096 | 35 New, 283 Retained |
| Jade United General freight transporting services | $241,800 | 3 New, 3 Retained |
| Taylor'd Trends E-Commerce Women's Clothing, Accessory Distributor | $160,959.95 | 11 New, 7 Retained |
| Big Girl Spa Bathtub Footrests | $406,500 | 30 New, 1 Retained |
| Persys Engineering Decontamination and cleaning services for semiconductors | $2,000,000 | 20 New |
| TOTAL 2023 | $115,299,355.95 Investments | 235 New; 508 Retained |
2022 Projects
| Project | Investment | Jobs |
|---|---|---|
| Texas Instruments 300-mm Wafers | $30,000,000,000 | 3,200 New |
| Global Wafers USA 300-mm Silicon Wafers | $5,000,000,000 | 1,500 New |
| Coherent (Formerly II-VI) Vertical Cavity Surface Emitting Laser (VCSELs) | $53,000,000 | 150 New |
| Tyson Fresh Meats Beef & Pork | $32,000,000 | 1,700 Retained |
| Sunny Delight Beverages | $30,060,000 | 74 New |
| Arctic Bracing Post operative and conservative care external medical devices | $3,000,000 | 16 New |
| Commissary Express Food and hygiene commissary products | $150,000 | 23 Retained |
| The Charlotte Letter Adaptive apparel for children with special medical needs | $128,524 | 10 New |
| Quality Ingredients Corn tortilla preservatives | $118,000 | 5 New |
| TOTAL 2022 | $35,118,456,524 Investments | 4,955 New; 1,723 Retained |
2021 Projects
2020 Projects
| Project | Investment | Jobs |
|---|---|---|
| Presco Polymers, LP Water line extension for fire suppression system |
$190,000 | 180 retained |
| TOTAL 2020 | $190,000 investment | 180 retained jobs |
2019 Projects
| Project | Investment | Jobs |
|---|---|---|
|
Eternity Technologies, Inc. |
$3,800,000 | 46 new |
|
Emerson-Vanessa |
$4,800,000 | 55 new |
|
Tyson Fresh Meats |
$30,000,000 | 1,703 retained |
|
Modular Power Solutions |
$10,200,000 | 105 retained |
| TOTAL 2019 | $48,800,000 investments | 101 new; 1,808 retained |
2018 Projects
| Project | Investment | Jobs |
|---|---|---|
|
Combicut, Inc. |
$890,000 | 3 |
|
Elevate Recoveries, LLC |
$220,000 | 60 |
|
Robit USA, LLC |
6 | |
|
Finisar Corporation |
$160,000,000 | 587 |
|
Presco Polymers, LP |
$950,000 | |
|
GlobiTech, Inc. |
$650,000 | |
|
GlobiTech, Inc. |
$47,500,000 | 32 |
|
Tyson Foods |
$30,000,000 | |
|
Emerson Automated Solutions |
$4,800,000 | 55 |
| TOTAL 2018 | $245,010,000 investments | 743 jobs |
2017 Projects
| Project | Investment | Jobs |
|---|---|---|
|
GlobiTech, Inc. |
$17,910,000 | 36 |
|
Synergy Windows & Doors |
$600,000 | 18 |
|
CertainTeed Corporation |
$50,000 | 10 |
|
Eaton B-Line |
$493,500 | |
|
Emerson/Fisher |
30 | |
|
Cellarman’s |
$380,000 | |
| TOTAL 2017 | $11,273,500 Investments | 70 Jobs |
2016 Projects
| Project | Investments | Jobs |
|---|---|---|
|
J.P. Hart Lumber Co. |
$9,500,000 | 37 |
|
Anutak Products, Inc. |
$300,000 | 11 |
|
Ball, DPF |
$159,300 | 1 |
| Total 2016 | $5,959,300 Investments | 49 Jobs |
2015 Projects
| Project | Investment | Jobs |
|---|---|---|
|
903 Brewers |
$215,000 | |
|
Metallenium Iron Works |
$2,200,000 | 10 |
|
Commissary Express, Inc. |
$450,000 | 10 |
|
Panda Sherman Power II |
$200,000,000 | 8 |
|
Christmas Designers |
$275,000 | 3 |
|
Kaiser Aluminum |
$25,459,000 | 10 |
| Total 2015 | $228,599,000 Investments | 41 Jobs |
2014 Projects
| Projects | Investments | Jobs |
|---|---|---|
|
Renew Blue |
$1,150,000 | 104 |
|
Barrett Hospitality, LLC |
$868,186 | |
|
Kaiser Aluminum |
$5,800,000 | 7 |
|
903 Brewers |
$389,000 | 5 |
|
Presco |
$821,000 | |
|
GlobiTech |
$18,000,000 | 20 |
|
Direct Connect |
150 | |
|
Emerson / Fisher |
$8,047,000 | 22 |
| Total 2014 | $33,925,186 Investments | 308 Jobs |