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Tyler Economic Development Council, Inc. Receives Excellence in Economic Development Award from the International Economic Development Council

IEDC Staff

WASHINGTON, DC (October 02, 2018) – Tyler Economic Development Council, Inc. received a Silver Excellence in Economic Development Award for Sanderson Farms, a project in the category of Regionalism and Cross – Border Collaboration of the International Economic Development Council (IEDC).

The honor was presented at an awards ceremony on Tuesday, October 2, during the IEDC Annual Conference, which was held September 29 – October 3, in Atlanta, Georgia, United States.
 

 

In December 2015, Tyler EDC was contacted by a local food processing firm, John Soules Foods, regarding the potential for locating in the Tyler/Smith County area. John Soules Foods is the second largest non-retail customer for Sanderson Farms in the U.S. Subsequently, Tyler EDC received a request from Sanderson Farms to meet in Tyler, early January 2016. Sanderson Farms site selectors indicated they were considering various sites in north and east Texas for a new $200 million, 1,700 employee poultry processing complex. The final location would need to meet the following criteria: large volumes of high quality water, approximately 500 acres of land to be provided at no cost, and a ten year 100% tax abatement. In March of 2017 Sanderson Farms, Inc. announced that sites located in Smith and Wood Counties, were selected for construction of a new feed mill (Wood County), hatchery, poultry processing plant and waste water treatment facility. Construction in fall of 2017, initial operations of the new complex are expected to begin the first fiscal quarter of 2019. According to Impact DataSource, this project will have an economic impact of $1.45 billion to the local and regional economies.

 

"This year our judges reviewed some extraordinary projects that advanced both communities and businesses. We congratulate all the award winners, and thank everyone who nominated their projects for sharing their success with fellow IEDC members. What we learn from each other helps us to grow and advance as a profession. We look forward to even greater participation from economic developers across the globe in the 2019 awards program.” -Craig Richard, CEcD, FM, President and CEO, Tampa Hillsborough Economic Development Corporation located in Tampa, Florida, and 2018 IEDC Board Chair.

 

About the International Economic Development Council

The International Economic Development Council (IEDC) is the world's largest membership organization for economic development professionals. Economic developers promote economic well-being and quality of life in their communities by creating, retaining, and expanding jobs that facilitate growth and provide a stable tax base. From public to private, rural to urban, and local to international, our members represent the entire range of economic development. Learn more at iedconline.org.

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