Mission & Goals

SEDCO’s Program of Work 2018-2019

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Our Mission

Grow and diversify the economy of Sherman and the surrounding area through the addition of new jobs and investment of primary employers. Since 1996, Sherman Economic Development Corporation (SEDCO) has focused on a mission and strategy to grow the primary employment sector — those companies with statewide, national and global markets. SEDCO is supported by a local 3/8 cent sales tax. The funds provide the resources for SEDCO to market the community, provide cash incentives for new investments and jobs and develop business park sites for industry. SEDCO Board of Directors and Sherman City Council annually adopt a new Plan of Work for SEDCO to guide the development, re-development and community enhancement in Sherman and the surrounding area.

Our Goals to Promote Capital Investment and Jobs

• Retain and expand existing primary employers
• Recruit targeted regional, state, national and international primary employers
• Continue workforce development programs
• Target regional, state, national and international allies to help attract business investments
• Manage SEDCO real estate to attract commercial real estate investments
• Invest in projects that enhance Sherman quality of place
• Raise Sherman profile in local, regional, state, national and international markets
• Continue economic impact reports on projects and return on investments

Target Industries

• Technology products manufacturing (semiconductor-related, life sciences)
• Equipment manufacturing and metal fabrication
• Plastics manufacturing and recycling
• Food and beverage processing
• Logistics
• Back office processing and customer service