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
PEAK Precision Manufacturing Plans Bowling Green, Kentucky, Operations
07/26/2024
Italy-Based Sipcam Agro USA Upgrades Wayne County, Mississippi, Operations
07/26/2024
Cleveland-Cliffs Plans Weirton, West Virginia, Operations
07/26/2024
IDEXX Laboratories Plans Wilson, North Carolina, Production Operations
07/26/2024
Germany-Based Ritz Instrument Transformers Plans Waynesboro, Georgia, Operations
07/26/2024
AirJoule Plans Newark-Wilmington, Delaware, Operations
07/26/2024
Most Read
-
19th Annual Area Development Gold and Silver Shovel Awards
Q2 2024
-
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
-
The CHIPS and Science Act will bring jobs back to the United States
Q2 2024
-
The Bring Your Own Energy (BYOE) Party Is Starting
Q2 2024
-
2023 Top States Commentary: Top-Ranked States Have What It Takes to Win Mega Projects
Q3 2023
-
How to Overcome NIMBYism in Data Centers
Q2 2024