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2012 Annual Report

Kilgore Economic Development ended the year with three new projects under contract. 
  • Key Energy Services expanded its job base of 20, committing to add to 15 new jobs and invest $4,498,486.  KEDC’s investment in the project is up to $250,000.
  • Closure Systems International committed to retaining its job base of 207 employees while investing $6,678,000.  KEDC will invest up to $265,000.
  • Composite Fluid Transfer has created one new job and invested $500,000.  KEDC will invest up to $20,000.
The ResultsThe Numbers
Retained Jobs227
New Jobs16
KEDC Investment$535,000
  • KEDC invested $1,817,391.39 in company and asset infrastructure.
  • Total expenditures for contractual and infrastructure improvement are $2,352,391.39
  • KEDC developed 79 leads during the 2011-12 fiscal year.
Type of ProjectsPercentage
Start Up4
Community Development1

For a look at the complete report click HERE.