Renew Blue Industries Creates Recycling Facility In Sherman, Texas
12/10/2014
Sherman, Texas, is located about 40 miles north of the expanding Dallas-Fort Worth. Metroplex. “We spoke with several cities in the Metroplex and it was clear that Sherman offered us both a proactive city government and a very talented labor force to draw from. Those two factors should make for a great place to call home,” said Brian Hays, President/Vice Chairman of Renew Blue Industries. “We look forward to becoming an active member of the Sherman community.”
The company plans to relocate by February 2015, according to the Sherman Economic Development Corporation. Renew Blue will also be recycling other non-contaminated polypropylene plastics, which along with the blue wrap, can be turned into thousands of everyday products. They expect to begin hiring route drivers, line workers, machine operators, sales, administrative and maintenance positions in mid-January 2015.
“Sherman is thrilled to welcome Renew Blue as the newest member of our growing community,” said Scott Connell, President of SEDCO. “Not only will this create jobs in Sherman, but we are also excited to have a company that is committed to preserving our environment by filling an underserved need in recycling.”
The SEDCO Board of Directors and Renew Blue have agreed on an Economic Development Performance Agreement, which includes a $400,000 incentive grant to be paid in three installments. Incentives will be dispersed in full to Renew Blue based on company performance criteria outlined in the agreement to help offset investments of $150,000 in building renovation and $1 million in manufacturing equipment.
Project Announcements
JDSAT Expands Fairfax County, Virginia, Operations
04/25/2024
Trussworks Mid-America Plans Jackson, Missouri, Manufacturing Operations
04/25/2024
Epic Flight Academy Establishes Hebron, Kentucky, Operations
04/25/2024
EPC-Columbia Expands Lebanon, Kentucky, Plastic Injection Molding Operations
04/25/2024
Daisy Brand Plans Boone, Iowa, Production Operations
04/22/2024
Canfor Expands Fulton, Alabama, Production Operations
04/22/2024
Most Read
-
2023's Leading Metro Locations: Hotspots of Economic Growth
Q4 2023
-
2023 Top States for Doing Business Meet the Needs of Site Selectors
Q3 2023
-
38th Annual Corporate Survey: Are Unrealized Predictions of an Economic Slump Leading Small to Mid-Size Companies to Put Off Expansion Plans?
Q1 2024
-
Making Hybrid More Human in 2024
Q1 2024
-
Manufacturing Momentum Is Building
Q1 2024
-
20th Annual Consultants Survey: Clients Prioritize Access to Skilled Labor, Responsive State & Local Government
Q1 2024
-
Public-Private Partnerships Incentivize Industrial Development
Q1 2024