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VALLEY VISIONS: 2021 shaping into strong year for PEDC - Vimarsana News

VALLEY VISIONS: 2021 shaping into strong year for PEDC

Year 2021 opened strong for the Paris Economic Development Center with two announcements — Metro Gate announced the creation of 40 new jobs while expanding its footprint by 20,000 square feet, and the Texas Department of Transportation closed on 37 acres in the PEDC’s Gene Stallings Business Park with plans to build a district headquarter facility. Investing in Metro Gate’s expansion to support new job creation was important and signifies our commitment to foster, support and grow our existing industry. They started hiring for new positions immediately and have added 14 new job...

VALLEY VISIONS: Paris Economic Development Corp. to remain on firm financial footing - Vimarsana News

VALLEY VISIONS: Paris Economic Development Corp. to remain on firm financial footing

Paris Economic Development Corp. looks for opportunities to attract new industrial prospects while it gives support to companies already here as Lamar County and the Red River Valley recoup from the challenges of a year-long battle with the novel coronavirus. Although the local economy may have not suffered as much as other parts of Texas, as indicated by increased sales tax revenue, the lifeblood of the economic engine, future sales tax revenue remains uncertain with the closing of several retail outlets within the city. To prepare for uncertainties, the newly expanded seven member PEDC boar...