SEDCO approved $510K incentive for Modular Power Solutions

15 Jan 2019


Jan 15, 2019, William Wadsack, Herald Democrat: After more than doubling its number of employees during an expansion that began in 2016, Modular Power Solutions is planning to add $2 million in equipment and construct a new building.

The Sherman Economic Development Corp.’s board of directors approved a $510,000 incentive for MPS and its planned $10.2 million investment in the purchase of 20 acres in Midway Industrial Park and $2 million in equipment, as well as construction of a 172,800 square foot building.

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