Press Releases

Hefton compares $1B data centers deal to Panda

June 3, 2017 By: William C. Wadsack, Herald Democrat Sherman City Manager Robby Hefton compared the scope of the planned $1 billion data center development brokered by the Sherman Economic Development Corp. Friday to the impact Panda Power Funds’ 758 megawatt power plant has had on the city. “The possibility of this would be a Read More

SEDCO closes deal for data center campus in Sherman

By: William C. Wadsack, Herald Democrat The Sherman Economic Development Corp. closed a deal Friday that could ultimately bring 150 new jobs to the area and a capital investment of more than $1 billion over the next five years. The SEDCO board of directors approved a contract with Thea Development LLC to develop the infrastructure Read More

Rail spur paying dividends for Nature’s Source

May 26, 2017 By: William C. Wadsack, Herald Democrat Ball DPF LLC Nature’s Source showed off its new railroad spur to officials with the Sherman Economic Development Corp. Friday. SEDCO’s board of directors approved a $7,965 incentive agreement with Nature’s Source last year for the planned $159,000 capital investment the company was intended to spend to clean Read More

Sherman IMT students meet mentors

May 31, 2017 By: William C. Wadsack, Herald Democrat Representatives from local industries and the Sherman Economic Development Corp. recently selected seven Sherman High students to be part of the school’s inaugural class for the Industrial Maintenance Technology Program through Grayson College. SEDCO also set the seven students up with a mentor from a local business and Read More

GOOD MORNING: Economic development is worth celebrating

May 16, 2017 By: William C. Wadsack, Herald Democrat Last week, the International Economic Development Council held its second National Economic Development Week and the Sherman Economic Development Corp. took part in the celebration with a number of events that shined a spotlight on what economic development means to the city. Much like the Denison Read More

SEDCO delivers thanks, check to Nature’s Source

May 13, 2017 By: William C. Wadsack, Herald Democrat As part of its Economic Development Week celebration, the Sherman Economic Development Corp. presented employees at Nature’s Source a thank you banner along with the company’s final incentive agreement payment. The SEDCO board approved a $7,965 incentive agreement with the company last year for work on Read More

SEDCO hosts Economic Development Week celebration

May 9, 2017 By: William C. Wadsack, Herald Democrat The Sherman Economic Development Corp. celebrated Economic Development Week with a big event Tuesday at the Sherman Municipal Ballroom. More than 100 representatives from local businesses and industries, civic organizations and government bodies attended the networking celebration. “What I really like about a turnout like this Read More

SEDCO to Economic Development Week celebration

May 4, 2017 By: William C. Wadsack, Herald Democrat The Sherman Economic Development Corp. has a number of events planned for next week as the organization holds its first Economic Development Week. The celebration coincides with the International Economic Development Council’s National Economic Development Week, which was created to raise awareness of local programs that Read More

SEDCO approves incentive for $494K Eaton investment

Apr 11 2017 By William C. Wadsack, Herald Democrat The Sherman Economic Development Corp. approved an incentive Tuesday that will help local metal fabrication plant Eaton expand its equipment holdings. The SEDCO board of directors unanimously approved a $25,000 incentive grant to help with Eaton’s planned purchase of automated welding equipment for its Sherman location. Read More

Wellington Realty Announces Sale of Sherman Oaks Apartments

Mar 30 2017 DALLAS – Wellington Realty, a commercial real estate services company with brokerage and management capabilities serving the four major markets in Texas, announced the successful sale of Sherman Oaks Apartments. Built in the 1970s, the 205-unit complex was up for sale and closed in late January 2017. David Shaffer, Tammy Shaffer, Kirby Read More

Workforce Solutions get $100K grant for manufacturing training

Mar 29 2017 By Michael Hutchins, Herald Democrat As the old adage goes, it takes a village to raise a child. For the cities of Denison and Sherman, it also takes a village to train a worker. Officials with the Denison Development Alliance, Sherman Economic Development Corp. and other business and manufacturing stakeholders came together Read More

NTRA signs contract for alert hangar lease

Mar 15 2017 By Michael Hutchins, Herald Democrat Officials with Texas Aviation Partners announced the lease of hangar 5513 at North Texas Regional Airport — Perrin Field on Wednesday. The large hangar, more commonly known as the alert hangar, was kept at the ready throughout the 1960s and early 1970s with interceptor aircraft in the Read More

Piner students learn about manufacturing at plant tour

Mar 9 2017 By Alex Maxwell, Herald Democrat To see the manufacturing process up close, a class of Piner Middle School students garbed in safety vests, earplugs and glasses were Shepherd around heavy machinery that shaped, cut and painted metal. During a tour of the Eaton plant in Sherman Thursday, the approximately 15 eighth grade Read More

SEDCO planning middle school visit to manufacturers

Mar 7 2017 By William C. Wadsack, Herald Democrat The Sherman Economic Development Corp. recently told the City Council about plans for local middle school students to visit area manufacturers this Thursday. SEDCO is in the final stages of assisting with the planning of the spring manufacturing tours, which will see some of the eighth Read More

Emerson planning $500K expansion, 30 new jobs

Feb 16 2017 By William C. Wadsack, Herald Democrat The Sherman-based Emerson Process Management facility will soon be hiring 30 new employees and bringing in $500,000 in new equipment. Because of that investment, the Sherman Economic Development Corp.’s board of directors recently approved a $150,000 grant for the company. “We have a relatively new Fisher Read More

Christmas Designers projected to grow operations, jobs

Feb 15 2017 By Alex Maxwell, Herald Democrat Christmas Designers plans to expand and diversify its operations in Sherman, which means the company is looking to eventually move into a larger space and grow the number of local jobs. The company, which is a supplier of Christmas lights and decorations, located its central distribution warehouse Read More

Construction Near Completion on 60,000 sq. ft. Industrial Warehouse in Sherman, TX

Feb 6 2017 The Sherman Economic Development Corporation (SEDCO) and Midway Warehouses, LLC are pleased to announce the construction of a new commercial warehouse will soon be completed. The 60,000 sq. ft. industrial building is located on a 4.8-acre site at 2945 Fallon Drive in Sherman, Texas. The construction is estimated to be completed by Read More

903 Brewers receives grant from SEDCO

Feb 1 2017 By William C. Wadsack, Herald Democrat The Sherman Economic Development Corp. delivered a small business grant of $43,000 to 903 Brewers Wednesday for the local brewery’s continued expansion. The SEDCO board of directors approved a $43,000 grant for 903 Brewers in December 2015 to help the brewery with the $215,000 it was Read More

SEDCO gives GlobiTech $450,000 check as silicon wafer manufacture completes $18M expansion

Jan 25 2017 By William C. Wadsack, Herald Democrat GlobiTech recently put the finishing touches on an $18 million upgrade to its Sherman facility and the Sherman Economic Development Corp. made its final incentive payment to the company. SEDCO President John Plotnik presented GlobiTech President Mark England with a $450,000 check earlier this week to Read More

Hundreds turnout at job fair

Jan 19 2017 By Jerrie Whiteley, Herald Democrat Hundreds of people showed up at the Sherman Municipal Building Thursday hoping to find a job. And Sherman Economic Development Corp. Vice President of Business Retention and Expansion Stacey Jones said a number of them likely had those hopes fulfilled. Click here to read the full article.