Press Releases

Area Picked As ‘Great Place To Retire’

Nov 23 2015 By William C. Wadsack, Herald Democrat Kiplinger Personal Finance has once again spotlighted Sherman and the surrounding areas as a great place for people looking to retire. On Monday, the national financial magazine chose Sherman as Texas’ best place to retire as part of a list of the best cities for retirees Read More

College Credit Program For Military Personnel Supports Both Veterans And Texoma Businesses

Nov 12 2015 SHERMAN, Texas (MMD Newswire) — The Sherman Economic Development Corporation (SEDCO) is proud to recognize Mueller Construction, a local custom manufacturer, for their participation in the statewide program College Credit for Heroes. Through this program, Mueller intentionally hires returning veterans to participate in their internship program for college credit. College Credit for Read More

SEDCO Extends Agreement With Globitech

Nov 11 2015 By William C. Wadsack, Herald Democrat During its regular meeting this week, the board of directors of the Sherman Economic Development Corp. extended its existing incentive agreement with Globitech through the end of next year. In May of last year, SEDCO signed an incentive agreement with the high-tech manufacturer for a $900,000 Read More

Sherman-Denison Has Fifth Lowest Cost Of Living In The Nation, Index Says

Oct 29 2015 By Michael Hutchins, Herald Democrat The Sherman-Denison area has been known for its assets: from strong retail to their school districts and local industry. Now, the area has yet another benefit to boast. On Wednesday, the Council for Community and Economic Research released its third-quarter Cost of Living Index report for 265 Read More

Sherman ISD Ranked One Of The Top School Districts In The State

Oct 14 2015 SHERMAN, Texas — Not long after Sherman High School made the Washington Post and U.S. News lists as one of the best high schools in America, the entire Sherman school district is ranked among the top school districts in the state. The Texas Education Agency recently published a list of 24 school Read More

Sherman Economic Development Corporation And Midway Warehouse, LLC Announce 2.5 Million Commercial Warehouse In Sherman, TX

Sep 16 2015 (SHERMAN, Texas) – Sherman Economic Development Corporation (SEDCO) and Midway Warehouses, LLC today announced a newly planned 60,000 square foot commercial warehouse designed to meet growing demand for industrial space in Sherman, Texas. The facility, which is scheduled to be complete in the spring of 2016, will accommodate industrial operations interested in Read More

The PROS Co. Acquires Historic Washington Iron Works

Sep 15 2015 (SHERMAN, Texas) – The PROS Co., a full-service machine shop based in Lubbock, Texas, today announced the acquisition of the nearly 140 year-old Washington Iron Works, a historic company based in Sherman, Texas, that produces aluminum mold casting and heavy duty industrial bearings. This acquisition will enable The PROS Co. to vertically Read More

Sherman Economic Development Corporation Announces New President

Aug 23 2015 (SHERMAN, Texas) – Sherman Economic Development Corporation (SEDCO) today announced the selection of John Plotnik as the company’s new president, effective Monday, Sept. 28. Plotnik, who most recently served as the executive vice president of the Corpus Christi Regional Economic Development Corporation (CCRDC), will be responsible for guiding business development strategies to Read More

Sherman Economic Development Corporation Announces Search For New President

Jun 2 2015 (SHERMAN, Texas) – Sherman Economic Development Corporation (SEDCO) today announced a search committee that will work with Jorgenson Consulting, Inc. to identify and hire a new president, following the recent announcement Scott Connell will join the city of Irving, Texas as economic development director. The committee has already begun the search process, Read More

Christmas Retailer To Double Warehouse Space And Expand Seasonal Workforce In Sherman, Texas

May 29 2015 (SHERMAN, Texas) – Sherman Economic Development Corporation (SEDCO) today announced Christmas Designers, a leading, e-commerce provider of Christmas supplies and innovative holiday displays, is relocating to a new warehouse in Sherman, Texas. The new facility has twice as much space as the old warehouse, and as a result, the company plans to Read More

Renew Blue Industries To Open Facility And Create More Than 100 Jobs In Sherman, Texas

Dec 10 2014 (SHERMAN, Texas) – Sherman Economic Development Corporation (SEDCO) today announced Renew Blue Industries will create more than 100 area jobs by locating its non-hazardous, medical waste plastics operation to Sherman, Texas. Renew Blue will begin operations in the former Sherman Manufacturing facility at 1815 S. Sam Rayburn Freeway in February 2015. “Sherman Read More

Kaiser Plans $5.8 Million Upgrade, Expected To Add 7 New Jobs

Nov 12 2014 By Nate Strauch, Herald Democrat Celebrating its fiftieth year in North Texas, Kaiser Aluminum received a six-figure birthday present from the Sherman Economic Development Corp. Tuesday morning. The SEDCO Board of Directors voted unanimously to enter into a $232,000 agreement with Kaiser to help offset the cost of a $5.8 million upgrade Read More

Panda Power Funds Plans To Expand Plant by 60 Percent, Create 500 Jobs In Sherman, TX

Aug 17 2015 (SHERMAN, Texas) – Sherman Economic Development Corporation (SEDCO) today announced a planned 450 megawatt expansion of Panda Power Funds existing 758 megawatt combined cycle natural gas power facility in Sherman’s Progress Park. The project is expected to cost $200-$300 million and would create up to 500 jobs during construction. The expansion is Read More