SEDCO extends $1.5 million agreement with Tyson
10 Dec 2019
December 10, 2019 (Michael Hutchins, Herald Democrat)
Tyson Foods will have more time to complete work on its $30 million improvement project. The Sherman Economic Development Corp. approved an update to its $1.5 million performance agreement with Tyson to give the company more time to complete updates intended to modernize the facility.
October 8, 2019 (Michael Hutchins, Herald Democrat) Following an executive session Tuesday morning, the SEDCO board of directors voted unanimously to agree to contribute up to $750,000 to extend Fallon Drive to the south to Dripping Springs Road. The organization announced that it will be partnering with the city...
Amid announced layoffs at Allen office, Finisar in Sherman receives $270K incentive checkOct 4 2019
October 4, 2019 (Michael Hutchins, Herald Democrat) Officials with the Sherman Economic Development Corp. issued a $270,000 incentive check for Finisar Friday morning, effectively bringing an end to the organization’s incentives company. Friday’s presentation represents the final payment in more than $1 million of incentives that SEDCO offered the...
Forklift battery manufacturer Eternity Technologies to open first US facility in ShermanAug 13 2019
August 13, 2019 (Michael Hutchins, Herald Democrat) A battery manufacturer is preparing to start its North American operations in Sherman. Eternity Technologies, which is owned by A1 Dobowi Group, was formed in 2010, is based in the United Arab Emirates, manufactures specialized batteries for forklifts, and just was approved...