Economic developers like the staff of TexAmericas Center are charged with generating local economic growth, creating better jobs for area residents, and facilitating an improved quality of life for our region’s citizens. The economic development industry remains complex and challenging, but is a worthwhile pursuit. The vital work performed by the economic development profession is showcased nationally though the promotion of Economic Development Week (May 8-14, 2017), sponsored by the International Economic Development Council (IEDC). TexAmericas Center is excited to celebrate EDW 2017 with the announcement of their new HUBZone designation.
Military budgets have continued to tighten, affecting operational levels at military instillations and the economy of the greater Texarkana area. To thrive in this environment, defense contractors can no longer rely on their classic business models. Winning defense contracts will require an increasingly more adaptive and entrepreneurial approach to contracting. This new approach will call for a commitment to building business partnerships, training of local workers in 21st century workplace skills, and using business assistance tools to help lower the cost of operations. Having access to defense industry support tools for our local companies will only enhance the attractiveness of the greater Texarkana area, especially should the White House administration be successful at growing the defense budget over the coming years.
TexAmericas Center’s Board of Directors approved a lease for a new tenant, Jackson Melons, Inc., at its board meeting on Tuesday, April 25th. Jackson Melons, Inc., headquartered in Henderson, Texas, will occupy warehouse space on TexAmericas Centers’ East Campus, consisting of 22,500 square feet. The nature of work to be performed on site is for warehousing and storage of locally grown and freshly picked watermelons. The short-term lease commences on June 1, 2017.
TexAmericas Center’s Board of Directors approved a lease extension for IsoNova Technologies LLC at its board meeting on Tuesday, April 25th. IsoNova Technologies LLC, headquartered in Springfield, MO, will continue to occupy production space on TexAmericas Center’s Eastern campus, consisting of 22,586 square feet and has added approximately 0.92 acres. The nature of work performed on-site is for isolating the components of eggs into high-quality ingredients designed for specific pet-food applications, including function, nutrition, and health. IsoNova Technologies is one of TexAmericas Centers’ longest running tenants. The lease term will be extended for an additional period of five (5) years, commencing on September 1, 2018 and will terminate on the 31st day of August, 2023. The additional ground will allow IsoNova to accommodate tractor-trailer parking on-site.
TexAmericas Center celebrates Earth Day 2017 with 107 acres of new saplings on their East Campus. As part of the Forest Management Plan presented by Kingwood Forestry in 2011 and updated by the TexAmericas Center Board of Directors in July 2013, Kingwood Forestry completed the replanting of 64,200 loblolly pine trees in December of 2016. Kingwood Forestry is contracted to address the timber management for TAC on an annual basis. The purpose of the plan it to provide long term management guidance while protecting cultural and environmental resources.