Amid announced layoffs at Allen office, Finisar in Sherman receives $270K incentive check
4 Oct 2019
PR
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 tech company following its relocation to Sherman.
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Forklift battery manufacturer Eternity Technologies to open first US facility in Sherman
Aug 13 2019August 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...
Jul 2, 2019, Michael Hutchins/Herald Democrat
J.P. Hart Lumber announced plans to expand the Texas-based lumber business to Sherman in the early part of 2018. As an incentive for the company, Sherman Economic Development Corporation offered the company more than $400,000 to be paid out as the company built...