The Sherman Economic Development Corp. discussed the upcoming groundbreaking ceremony for J.P. Hart Lumber’s planned $5.5 million-plus facility in Sherman during its meeting Tuesday.
SEDCO President John Plotnik said the corporation’s board of directors didn’t have anything to vote on this month, so Thursday’s groundbreaking ceremony was the main topic covered during the meeting.
“We went through the mechanics of that,” Plotnik said, adding that he earlier asked that the ceremony be scheduled for 11 a.m. because he will be attending a gathering of certified commercial investment members, the Society of Industrial and Office Realtors and the North Texas Association of Realtors in Dallas that morning. “It’ll be about 800 professional site selectors. We all meet once a year, all three groups, to talk about how they see the North Texas market. And I’ll be able to talk a little bit about Sherman.”
The groundbreaking, which will be at the northwest corner of Progress Drive and Howe Drive in Progress Park III, will feature comments from Grayson County Judge Bill Magers, Sherman Mayor David Plyler, J.P. Hart Dallas Division President Duane Sanders and SEDCO Board Chairman Greg Kirkpatrick.
The SEDCO board approved a $510,000 incentive agreement for J.P. Hart in June and the company closed on its purchase of 30 acres along Progress Drive in July. The $5.5 million to $6.5 million facility investment will bring up to 37 new jobs as part of the first phase of the company’s expansion to the city. The incentive agreement went into effect Aug. 1 and the first incentive payment will be made once the company begins operations in Sherman.
In November, Sanders told the Sherman City Council, after it approved the company’s site plan for the new facility, that the company’s leadership was excited to be coming to Sherman.
“This is, we believe, an excellent location for us to expand our operations and distribute building materials throughout North Texas from the Sherman location,” Sanders said.
J.P. Hart is headquartered in San Antonio and currently serves the Dallas-Fort Worth, Austin, San Antonio, Houston and Rio Grande Valley areas.