Hereford, TX - Business is booming for one area pet food processor in Hereford, but the company is experiencing some growing pains.
The Hereford Economic Development Corporation is working with Tejas Industries to finance the building of a new and permanent facility in Hereford. Tejas Industries needs more space to operate, and the EDC wants to guarantee the company will keep their pet food business in Hereford.
"They have just grown by leaps and bounds over the last two or three years," explained EDC Executive Director Michael Kitten. "About 18 months ago, they had around 200 employees. They have over 300 now and over the next 18 months they'll be over 400. They are spread out over four different facilities in town right now, and they are just at a total lack of palette space. They need warehouse space."
To help, the EDC is issuing the company a contract revenue bond to finance the building of a new facility right across the street from where the company is currently located. The goal of the project is to transform the plot of land into a 240,000 square feet distribution warehouse. The expansion will allow Deaf Smith County's second largest employer to create even more jobs.
"On top of what they've done in the last 18 months, it will be another 50 to 70 jobs, which is big for us," said Kitten. He said the bond contract will be finalized once local banks approve Tejas's credit.
"I just believe anytime you can help someone who has been here for decades and has helped this community as much as Tejas and the Merrick family has done is just a win, win for everybody," said Kitten.
If all goes as planned, the EDC and Tejas will break ground on the warehouse project this summer.