Discover why Brownwood "Feels Like Home"
 

 

 
 

 

 

 

 

Economic Outlook Report 

Brownwood Economic Development Corp.  Annual Report of Activities for 2006

 

Camp Bowie Industrial Area

The Brownwood Economic Development Corporation (the BEDC) provided a loan in the amount of $200,000.00 to West Texas Printing Inc. to purchase and install new state-of-the-art manufacturing equipment at the company’s location on Stephen F. Austin Drive in the Camp Bowie Industrial Area.  The addition of the new equipment will create twenty new jobs and upgrade the work skills of most of the company’s existing employees allowing the company to expand the number of its commercial products.  The company will repay the note over seven years.

 Rotonics Manufacturing Inc. received a loan from the BEDC in the amount of $50,000.00 to purchase and install additional new manufacturing equipment at its Brownwood facility.  The five year note will allow for the creation of fifteen new full-time jobs and retain six existing jobs as a result of the project.

3M Company Brownwood plant received a $250,000.00 economic development financial incentive from the BEDC to assist with the modernization of its manufacturing equipment. The financial incentive is to be paid as a reimbursement for new jobs created over a five year period.  The multi-million dollar, high technology project will add fifteen new full-time jobs immediately as this is Phase One of a proposed three phase project for the company.

The BEDC awarded a $387,400.00 project to Prater Construction Company to construct Technology Drive within Phase Two of the Brownwood Industrial Park.  The project was completed in December 2006.  Phase Two of the Industrial Park will provide approximately forty five additional acres for new industrial development.

In November 2006 the BEDC assisted Barr Fabrication LLC with the development of an application for financial assistance from the Texas Department of Agriculture’s Texas Capital Fund in the amount of $750,000.00 to construct a new 30,000 square foot manufacturing facility adjacent to its current building on DanHil Drive in the Brownwood Industrial Park.  The project is anticipated to begin construction in the Spring 2007.

 

Texas State Technical College West Texas -Brownwood

 

Texas State Technical College West Texas, Brownwood Center, has continued to experience growth. With 282 students enrolled, the Spring 2006 semester enrollment of full-time students was up over the same period of the previous year.  The Summer 2006 enrollment was 264 full-time students with the Fall 2006 enrollment reaching a record 298 full-time students.  The Brownwood center of TSTC continues to utilize the Texas Workforce Commission’s Skills Development Grant program to assist local manufacturers with the training of new and existing employees.  The Brownwood center of TSTC along with Ranger College, in cooperation with Howard Payne University and the Brownwood Regional Medical Center, has submitted an application to the Texas Board of Nursing Examiners to develop and offer an Associate Degree in Nursing in Brownwood. The Brownwood center of TSTC will expand into approximately 15,000 square feet of additional space at the 301 Main Street building when the space becomes available later this year.

 

Other Projects and Activities

 

The BEDC provided an economic development financial incentive to Nelson Wholesale Services in the amount of $100,000.00 to assist with the construction of a new 20,000 square foot cold storage warehouse at the company’s location on U.S. Hwy 377 South.  The company also purchased new equipment and has hired 10 new employees as a result of the expansion project.  The BEDC provided a start-up loan in the amount of $12,000.00 to Wild Card Metal and Art to purchase new manufacturing equipment.  The company produces a wide variety of metal art objects for both retail and wholesale buyers.

 

The BEDC assisted with the infrastructure development of two new businesses for Brownwood.  The BEDC provided $200,000.00 to relocate certain utility lines and site improvements for a new Brownwood Market Place development which includes a new La Quinta Hotel and Suites. The BEDC also relocated utility lines at a cost of $4,000.00 for the new Steve Weckwerth project which includes a new Subway restaurant and coffee shop on Austin Avenue.

 

The BEDC was one of the hosts of the “Feels Like Home” reunion celebration.  The October 2006 event was the sixth annual reunion event.  The BEDC continues to assist with the cost of the reunion’s Internet web site and other promotional activities.  The BEDC is an active member of the Local Economic Coalition.  The Coalition, hosted by the Brownwood Area Chamber of Commerce, is comprised of representatives from the Chamber, the BEDC, the Brownwood Industrial Foundation, the City of Brownwood, Brown County, Brownwood I.S.D., the Brownwood Civic Improvement Foundation, Texas State Technical College, Howard Payne University, and TXU Electric Delivery.  The Coalition meets quarterly to share information concerning ongoing and future community projects.

 

The BEDC and the Brownwood Area Chamber of Commerce continue to host the “Brownwood Business Showcase”.  This annual event allows many of the area’s businesses to showcase their company’s goods and services to the community.  The BEDC is an active participant in the “Leadership Brownwood” program and provides information concerning the BEDC and its activities to the program’s participants.

 

The BEDC has joined with other communities in the 26-county Texas Midwest Community Network to form the Texas Midwest Marketing Alliance.  The Alliance markets all of the participating communities through a dedicated Internet web site, brochures and direct mail campaigns.  The BEDC Director continues to be involved with several regional and statewide organizations:

 

West Texas Coalition for Innovation and Commercialization

Texas Emerging Technology Fund Application Review Committee

 

West Central Texas Workforce Development Board

Workforce Investment Fund Review Panel

 

West Central Texas Regional Housing Finance Corporation

President, Board of Directors

 

West Central Texas Economic Development District

Board Member

 

Texas Economic Development Council

Board of Directors

 

Current Board members and employees of the BEDC are:

 

Calvin Fryar, President

Wes Heald, Vice President

Rick Martin, Secretary

Harry Miller, Member

Pat Coursey, Member

 

James R. Campbell, Executive Director

Glenda England, Administrative Assistant