https://www.sedco.org Sherman Economic Development Corporation News Feed Wed, 15 Jul 2026 11:25:37 +0000 en-US https://www.sedco.org/news-and-media/p/item/68001/1k-jobs-more-tech-as-coherent-reveals-650-million-sherman-expansion https://www.sedco.org/news-and-media/p/item/68001/1k-jobs-more-tech-as-coherent-reveals-650-million-sherman-expansion Tue, 16 Jun 2026 05:00:00 +0000 (Aayush Gupta, Dallas Business Journal)Coherent Corp. is significantly increasing its factory footprint in Sherman, adding to the region's burgeoning high-tech manufacturing sector as demand for artificial intelligence services continues to skyrocket.The Saxonburg, Pennsylvania-based company said June 16 the $650 million expansion will quadruple wafer production capacity at its facility in... https://www.sedco.org/news-and-media/p/item/68002/coherent-breaks-ground-on-expanded-texas-facility-scaling-emerging-technologys-optical-backbone https://www.sedco.org/news-and-media/p/item/68002/coherent-breaks-ground-on-expanded-texas-facility-scaling-emerging-technologys-optical-backbone Tue, 16 Jun 2026 05:00:00 +0000 (NVIDIA Newsroom)AI runs at the speed of light. More and more, that light is made in Texas.Coherent broke ground today on an expanded manufacturing building in Sherman, Texas. The company makes the lasers, optical components and compound semiconductors that wire AI systems together — and runs what it calls the world’s... https://www.sedco.org/news-and-media/p/item/68004/coherent-breaks-ground-on-sherman-expansion-with-nvidia-announces-50m-federal-funding https://www.sedco.org/news-and-media/p/item/68004/coherent-breaks-ground-on-sherman-expansion-with-nvidia-announces-50m-federal-funding Tue, 16 Jun 2026 05:00:00 +0000 (Taylor Brooks, KXII)SHERMAN, Texas (KXII) - Coherent and Nvidia broke ground Tuesday on an expansion that will quadruple wafer production capacity.Coherent signed a letter of intent with the U.S. Department of Commerce for the direct funding, which will support the expansion of the world’s first and largest volume production site... https://www.sedco.org/news-and-media/p/item/67998/new-685-million-power-plant-in-sherman-aims-to-strengthen-texas-grid https://www.sedco.org/news-and-media/p/item/67998/new-685-million-power-plant-in-sherman-aims-to-strengthen-texas-grid Tue, 09 Jun 2026 05:00:00 +0000 6/9/2026 (Taylor Brooks, KXII) SHERMAN, Texas (KXII) - A groundbreaking ceremony marked the start of construction on Rayburn Energy Station 2, a $685 million project that will add 570 megawatts of power to strengthen the Texas grid.Rayburn Energy Station 2 is a $685 million investment that will add 570 megawatts of... https://www.sedco.org/news-and-media/p/item/68000/sherman-and-denison-partners-in-progress-for-regional-growth https://www.sedco.org/news-and-media/p/item/68000/sherman-and-denison-partners-in-progress-for-regional-growth Fri, 29 May 2026 05:00:00 +0000 5/29/2026 (Ethyn Snider, KTEN News)SHERMAN, Texas (KTEN) — Leaders from Sherman and Denison are emphasizing regional cooperation as both cities prepare for continued growth across Texoma.The inaugural “Partners in Progress” summit brought city leaders together Thursday to discuss projects and partnerships between the neighboring communities.“It’s a great relationship. It’s a... https://www.sedco.org/news-and-media/p/item/68003/groundbreaking-held-for-sherman-corn-mill-facility https://www.sedco.org/news-and-media/p/item/68003/groundbreaking-held-for-sherman-corn-mill-facility Tue, 19 May 2026 05:00:00 +0000 (Sabine Welsh, KTEN News)SHERMAN, Texas (KTEN) - Members of the Sherman Economic Development Corporation are welcoming a new business to Progress Park: Lawrence Equipment.The two held a groundbreaking recently to celebrate a one point three million dollar investment, made two years ago.Bringing a corn-milling production facility to Sherman, manufacturing food... https://www.sedco.org/news-and-media/p/item/66954/sedco-approves-500000-grant-for-austin-college-engineering-facility https://www.sedco.org/news-and-media/p/item/66954/sedco-approves-500000-grant-for-austin-college-engineering-facility Mon, 23 Mar 2026 05:00:00 +0000 3/23/2026 (KXII)SHERMAN, Texas (KXII) - The Sherman Economic Development Corporation (SEDCO) has approved a major grant for Austin College.The college announced that SEDCO approved a $500,000 grant that will help fund the purchase of equipment for the college’s planned Harris Engineering Center. The donation aims to help the engineering program... https://www.sedco.org/news-and-media/p/item/67345/lawrence-equipment-breaks-ground-on-new-facility-in-sherman https://www.sedco.org/news-and-media/p/item/67345/lawrence-equipment-breaks-ground-on-new-facility-in-sherman Wed, 18 Feb 2026 06:00:00 +0000 2/18/2026FOR IMMEDIATE RELEASELawrence Equipment Breaks Ground on New Facility in Sherman(Sherman, Texas) A groundbreaking ceremony was held on February 18, 2026 to celebrate the start of construction on a new corn mill production facility for Lawrence Equipment located at 4811 Tortilla Way in Sherman, Texas. The project represents a major... https://www.sedco.org/news-and-media/p/item/66270/sharing-success-denison-sherman-announce-upcoming-partnership-event https://www.sedco.org/news-and-media/p/item/66270/sharing-success-denison-sherman-announce-upcoming-partnership-event Thu, 22 Jan 2026 06:00:00 +0000 1/22/2026 (Michael Hutchins, Herald Democrat)For many decades, the cities of Sherman and Denison have had a rivalry that, at times, extends beyond the borders of the playing field. However, as both communities prepare for growth, city leaders are prepared to bury that hatchet — at least off the football field...