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Pak-Sher Earns Incentive

Kilgore Economic Development Corp. Vice President Wilbur F. Yates (L) presents the Pak-Sher executive management team a reimbursement check for $17,693.  The company successfully completed an economic development performance agreement, investing more than $1,327,000 in the Kilgore facility at 2500 N. Longview St. and retaining 169 jobs over a period of three years.  KEDC reimbursed the company $17,693 each of the three years for a total incentive of $53,080.
 
Members of the Pak-Sher team are from right: Denis Livingston, VP of finance; Tommy Vaughn, plant superintendent; and Terry Gebhardt, VP of product development. 
 
About Pak-Sher: Pak-Sher is a USA based manufacturer of plastic carryout, storage bags, and food handling products for restaurants, delis, groceries, convenience stores and other food service establishments.
 
About Kilgore EDC: Kilgore Economic Development Corp. in Kilgore, Texas, is funded by a dedicated local sales tax specifically to aid expanding and relocating companies. In the last year KEDC staff worked projects that represent almost $20 million investment and more than 500 jobs.  KEDC is directed by a five-person board and managed by a staff of four with certifications in business retention and expansion, economic and community development and economic development finance.  KEDC has won international awards for excellence in economic development.
 
 
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