SEDCO agrees to pay $750 for Fallon Drive extension
8 Oct 2019
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 for the upcoming expansion of Fallon Drive amid growing industrial use in the Midway Industrial Park.
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...
July 25, 2019 (Michael Hutchins, Herald Democrat) The Sherman Economic Development Corp. presented Presco Polymers with a $47,500 incentive check for equipment improvements at its Sherman facility Thursday afternoon. The economic developer held a small ribbon-cutting ceremony to present the check and mark the installation of the new equipment...