Press Releases

SEDCO picks Brad Douglass as board chairman

Oct 13, 2018, By: William C. Wadsack, Herald Democrat With the new fiscal year that recently started, the Sherman Economic Development Corp. elected new leadership for its board of directors.   The SEDCO board chose Brad Douglass as its new chairman, Tom Shields as vice chairman and Janie Bates as its secretary. Electing the new officers was the Read More

Pottsboro High leading Swap It Up competition

Oct 10, 2018, By: William C. Wadsack, Herald Democrat The students from Pottsboro High School are currently leading a competition between local Advanced Manufacturing Program students designed to help meet the needs of local nonprofits.   The Swap it Up competition was organized by the Sherman Economic Development Corp. in conjunction with the chambers of commerce in the Read More

SEDCO set to give Finisar $500K incentive payment

Oct 9, 2018, By: William C. Wadsack, Herald Democrat The Sherman Economic Development Corp. could soon present Finisar Corp. with the first half the $1 million incentive agreement that was agreed to in March.   The SEDCO board of directors approved a restructuring of the payment schedule for the incentive agreement approved earlier this year that will see Read More

Utter, Bandemir appointed to SEDCO board

Oct 5, 2018, By: William C. Wadsack, Herald Democrat The board of directors of the Sherman Economic Development Corp. is getting two new members.   The Sherman City Council appointed Gail Utter and Scott Bandemir to the board following an executive session discussion Monday evening. Utter is the managing director of the Utter Wealth Management Group of Wells Read More

Sherman approves 2019 SEDCO budget

Sep 27, 2018, By: William C. Wadsack, Herald Democrat There’s been a lot of administrative change at the Sherman Economic Development Corp. over the last year, but the organization isn’t planning much change for its budget in the new fiscal year.   The Sherman City Council approved SEDCO’s 2018-2019 budget and program of work during a joint meeting Read More

Finisar joins host of other local companies to support AMP

Sep 19, 2018, By: Richard A. Todd, Herald Democrat Finisar Corp. joined a host of manufacturing firms to provide financial support for area students involved in the Advanced Manufacturing Program. The company, which is among Texoma’s newest manufacturers, presented a $25,000 on Wednesday afternoon to help fund the program.   The AMP program has been Read More

Finisar to Present $25,000 Check to Advanced Manufacturing Consortium

September 12, 2018 Finisar will present a $25,000 check to the Advanced Manufacturing Consortium on Wednesday, September 19, 2018 at 1:15 PM. The Advanced Manufacturing Program (AMP) was developed by the Denison Development Alliance, Sherman Economic Development Corporation and Workforce Solutions Texoma in cooperation with thirty (30) local employers, Grayson College and four school districts.  Read More

SEDCO approves 2 deals with GlobiTech

May 15, 2018, William C. Wadsack, Herald Democrat: Eight months after its last deal with GlobiTech, the Sherman Economic Development Corp. approved two separate deals with the local silicon-epitaxy manufacturer on Tuesday.   The SEDCO board of directors approved a land purchase contract for GlobiTech to purchase 2.2 acres for $10,000 and a separate performance agreement with the Read More

GlobiTech wins industry showdown at SEDCO picnic

May 5, 2018, William C. Wadsack, Herald Democrat: Representatives from 12 Sherman industries gathered at Pecan Grove Park Saturday for the Sherman Economic Development Corp.’s Industry Appreciation Picnic.   Employees and their family members enjoyed free treats, games and prizes, with the big attraction being the first Sherman Industry Showdown Competition. Teams from eight local Read More

SEDCO, DDA VPs awarded Certified Economic Developer designations

March 27, 2018, William C. Wadsack, Herald Democrat: A pair of local economic development professionals were recently awarded the Certified Economic Developer designation by the International Economic Development Council.   Sherman Economic Development Corp. Vice President of Business Retention & Expansion Stacey Jones and Denison Development Alliance Vice President of Economic Development William Myers were Read More

SEDCO approves $47.5K incentive for Presco

March 26, 2018, William C. Wadsack, Herald Democrat:  The local Presco Polymers LP facility is adding new automation equipment and getting support for it from the Sherman Economic Development Corp.   The SEDCO board of directors recently approved a $47,500 incentive for the company, which is planning to invest $950,000 in capital improvements at its Read More

SEDCO launches campaign to lure workers to Sherman

February 8, 2018, Carley Banks, KTEN News The Sherman Economic Development Corporation has launched a nationwide campaign to bring needed workers to the city. “The goal is to help our existing and new industries and helping them to thrive,” said Ashton Ghaemi, SEDCO’s director of research and marketing. “If they need people, we’re gonna get them Read More

Sherman breaks ground on new fire station in Progress Park

February 1, 2018, William C. Wadsack, Herald Democrat Sherman officials gathered on Northgate Drive in the city’s Progress Park industrial area this week to officially break ground on a new Fire Station No. 4. The city is relocating the Blalock Park Fire Station No. 4, which currently sits on the southeast corner of U.S. Highway Read More

SEDCO develops national campaign to attract job seekers

January 30, 2018, KXII Sherman Economic Development Corp. begins its first national marketing campaign on behalf of the city. SEDCO is spending $25,000 trying to recruit people to work in Sherman through billboard, television, radio and online advertising. Click here to read the full story. Search the available jobs here.

SEDCO marketing new site for local jobs

January 30, 2018, By William C. Wadsack, Herald Democrat The Sherman Economic Development Corp. is assisting those seeking employment with a Sherman industry by maintaining a new job database on its website. SEDCO recently launched the database at ShermanTXJobs.com and is running a two-month marketing campaign to attract job seekers through print, radio, digital and billboard Read More

Grayson College opens new Advanced Manufacturing Lab

January 19, 2018, By Rhea Bermel, Herald Democrat Grayson College officially unveiled its $1.4 million Advanced Manufacturing Lab for the school’s current Career and Technology Center during a ribbon cutting Friday afternoon. The lab will provide space for large industrial machinery, classrooms and storage space, and will largely be used to educate students participating in Read More

Grayson County joins Sherman in tax abatement for J.P. Hart Lumber

January 3, 2018, By Michael Hutchins, Herald Democrat Following in the steps of the Sherman City Council, the Grayson County Commissioners Court approved a five-year property taxabatement agreement valued at just over $100,000 for the new J.P. Hart Lumber plant. County Commissioners discussed the proposed abatement during a regular scheduled meeting Tuesday morning, but voted to go into recess Read More

Sherman OKs tax abatement for J.P. Hart Lumber

January 2, 2018, By William C. Wadsack, Herald Democrat Sherman is giving one of the city’s newest industrial businesses a break on its property taxes for the next five years. The Sherman City Council approved a property tax abatement for J.P. Hart Lumber Co. during its first meeting of the new year on Tuesday. The agreement will abate Read More

SEDCO approves incentive for Robit expansion to add 6 jobs

December 18, 2017, By William C. Wadsack, Herald Democrat In addition to helping facilitate the creation of 500 new jobs by Finisar Corp. last week, the Sherman Economic Development Corp. recently approved an incentive agreement that will create six more new jobs in the city. The day before Finisar announced its expansion into the former Read More

‘Christmas came early for the city of Sherman’

December 13, 2017, By William C. Wadsack, Herald Democrat The close relationship between Sherman’s newest industrial employer Finisar Corp. and iPhone manufacturer Apple was on full display at Wednesday’s event announcing the future of the former MEMC building on the city’s south side. Apple employees checked people in at the doors to the event and Read More