Marshall Economic Development Corporation approved a $200,000 incentive to be given to Norit Americas for job creation also a recommendation to donate land held by the city to Texas State Technical College as its bonds have all been paid.
"The $200,000 is incentives for jobs after the jobs have been hired," said MEDCO Chairman Bill Marshall.
MEDCO held an executive session, opening its called board meeting at 4:45 p.m. Thursday to take action on the two items. Both were also listed as action items on the Marshall City Commission agenda Thursday night.
Intelligent Communities of the Ark-La-Tex will have its Northeast Texas regional meeting 8:30 am Thursday at Texas State Technical College.
Principles of Intelligent Communities as it relates to competing in the global economy, 21st century employment and capital formation will be discussed.
The goal is to create a new and expanded employment and capital formation opportunity for the Arl-La-Tex as a region.
D arby Equipment Co. began carving a place in the oilfield industry in 1943, when R.E. Darby established the company to outfit oilfield trucks and trailers.
For 67 years, until this past week, Darby, and the people who carried on his business after his death, worked from the same location, at what today is Marshall Avenue and Loop 281.
On Monday, Darby Equipment Co. begins operations at its new location in Marshall, on Cox Road north of the Interstate 20 intersection with U.S. 59.
Marshall Economic Development Corporation approved an upgrade to its Web site, telecommunication equipment and the purchase of a cellular amplifier system for the Center for Applied Technology during its regular meeting Tuesday.
"The Web site has been the same since 2006. That was before Blackberries," said Vincent Purvis, an intern hired to give MEDCO's site a face-lift. "I think this will be beneficial."
Eastman Chemical plans to step up hiring by bringing on as many as 750 Longview plant employees during the next few years while investing millions of dollars in upgrading local facilities, according to Mark Bogle.
Most of those people will be replacing workers expected to retire while others will be added as processes previously set for shutdown are reactivated, said Bogle, vice president and general manager at Eastman's Texas Operations site in Longview.