Skip to main content

EDC assists business, entity

May 19, 2011

Big Spring Economic Development Corporation has entered into an agreement to help a local business with its expansion plans.

Terry Wegman, executive director of the BSEDC, said the board has agreed to help John Crane Solutions, a manufacturer of fiberglass sucker rods for the oil field industry.

“They are in expansion mode at this point and are looking to add 18,000 square feet,” Wegman said. “The project is estimated to be over $1 million and will increase production.”

The agreement will be in the form of a $600,000 loan which can be forgiven if John Crane Solutions meets certain payroll and employment benchmarks, according to Wegman.

For more information, you may subscribe to the Big Spring Herald or purchase an e-edition.

Friday’s showdown with the Sweetwater Lady Mustangs might not have been a work of art, but the Big...
Sometimes ugly can be downright beautiful. Just ask the Big Spring High School Steers, if you need...
SNYDER – Everyone in the Tigers’ Den on Tuesday night knew the Big Spring High School Steers could...
New Listings!! 4501 Ratliff Rd. 19605 N. Hwy. 87-Ackerly 2511 Larry
The most common New Year Resolution is to lose weight and get fit. Fitness and nutrition expert John Basedow offers his...

 

Premium Drupal Themes by Adaptivethemes