The Sherman-based Emerson Process Management facility will soon be hiring 30 new employees and bringing in $500,000 in new equipment. Because of that investment, the Sherman Economic Development Corp.’s board of directors recently approved a $150,000 grant for the company.

“We have a relatively new Fisher product that will be relocating from an existing facility that is a better business fit with the control valve family that we currently produce in our Sherman facility,” Emerson Plant Manager Mark Anderson said of the company’s Fisher line of products. “The processes for the product will involve relocating lathes and ball grinding equipment that are used in the manufacturing process.”

SEDCO President John Plotnik said the $150,000 grant will be awarded in three $50,000 payments for 30 new jobs to be created between Sept. 30 and March 31, 2018.

“We have based our grant dollars on their employee hiring, so as of not earlier than September of this year, they will have hired 10 full-time jobs, and then not earlier than December, an additional 10 and then by March of 2018, the final 10,” Plotnik said, noting that would bring the company’s local employee total to 340.

Anderson said Emerson will be working with Workforce Solutions Texoma and Manpower on filling those positions.

“Our job bid process provides our current team members the opportunity to fill the positions before we open them specifically up for new hires,” Anderson said.

Plotnik said SEDCO was very appreciative of Emerson, and all the city’s manufacturers, for their contributions and expansions in Sherman.

“(SEDCO Vice President of Business Retention & Expansion) Stacey Jones works diligently ensuring that not only Emerson, but all local industries remain a focal point for these types of incentives that support growth,” Anderson said, adding that Emerson also works with SEDCO on a workforce middle skills program and to allow best practices to be shared between companies. “Our local SEDCO board can be counted upon to provide industry with the support that keeps companies committed to staying in Sherman.”

SEDCO is also focused on bringing new companies into the city and Plotnik said the corporation will be hosting multiple site visits from companies over the new two weeks.

“We’ve got two international companies that tell us we have made their short list of sites to review,” Plotnik said, calling them “very major projects.” “And, because of the marketing of the Sherman-Denison area and what we’ve done to amplify our amenities here, we’re starting to see new projects contacting us and us finding them — probably at least one a week. We work every deal hard, we swing at every one of them and we keep our fingers crossed.”