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Commerce Economic Development Corporation

 

 

Disaster Recovery Funds (Loans for Small Businesses)

Disaster recovery funds loans for small BusinessesGovernor Abbott announced that the U.S. Small Business Administration (SBA) has now granted Texas’ Economic Injury Disaster Loan (EIDL) assistance declaration, making loans available statewide to small businesses and private, non-profit organizations to help alleviate economic injury caused by the Coronavirus (COVID-19).

Next Steps: Small businesses who believe they may be eligible for an SBA EIDL should visit the SBA’s website where they can directly apply for assistance. The online application is the fastest method to receive a decision about loan eligibility.

For additional information on Texas business-related COVID-19 resources, including a list of required documentation for the SBA Loan process, visit gov.texas.gov/business/page/coronavirus.

We know this is a difficult time for all Texans. Please don’t hesitate to contact our office if we can provide any additional information.

Stay safe, keep healthy and continue to check in with us as we provide the latest updates and resources.

#TexasBizStrong

-Office of the Governor, Economic Development Team


For additional information on Texas’ response to COVID-19, visit gov.texas.gov/coronavirus, and for business-related resources, visit gov.texas.gov/business/coronavirus.


 

Commerce Municipal Airport after upgrades were completed.

Commerce Airport Soars to New Heights

Through the efforts of the Commerce Airport Advisory Board, City Manager & Director of Community Development, a TxDOT Grant with matching funds was applied for and awarded to the City of Commerce benefiting the local aviation hub.

New Industry Coming to Commerce

The Commerce Economic Development Corporation has announced that POLARA Enterprises will soon open a new manufacturing facility in Commerce, Texas.

The California-based company is one of the country’s leading manufacturers of electronic components and devices used by the industrial, medical and traffic industries, as well as the U.S. Military.

“We are truly proud that a world-class manufacturer such as Polara has chosen Commerce, Texas as the location for its first expansion” said Bonnie Hunter, Executive Director for the CEDC.

“The addition of Polara to our community will bring jobs and add to the economic vitality of this part of northeast Texas.”

Polara is also currently a premier supplier of accessible pedestrian signaling systems used by municipalities all over the country.  The company will continue to operate its 40,000+ square foot primary facility in southern California.  According to Hunter, the new Commerce plant will simply add to the firm’s sales and manufacturing capabilities.

“The potential for growth of this company is endless and Commerce is ready to assist Polara in every way.”

Commerce EDC Announces Receipt of USDA RURAL BUSINESS ENTERPRISE GRANT
In the Amount of $90,000

Through the USDA, the Commerce Economic Development Corporation has received $90,000 in grant funds to establish a revolving loan fund. These funds will be used to provide financial assistance through low interest loans to small and emerging private business enterprises within the City of Commerce ETJ. A primary component for loan consideration is job creation.

Guidelines and applications will be available through the Commerce EDC, and must also meet approval by the USDA.

 

 

Invitation to Bid

The Commerce Economic Development Corporation (the “CEDC”) is accepting sealed bids to award a contract for the mowing of selected developed and undeveloped lots for the Commerce Economic Development Corporation. The successful Contractor shall provide all labor, equipment, and public safety equipment necessary to perform this work. Bids must comport with the scope of work and instructions to bidders, which may be obtained from Bonnie Hunter at Commerce City Hall, 1119 Alamo Street, Commerce, Texas; phone (903) 886-1121. More Details

KLZ Stone Group Inc.

Rapid progress continues to be made on the KLZ Stone Group Inc facilites off of HWY 11. This impressive facilites will be home to a premier granite and stone group buisiness importing large blocks of granite from south America and processing them for resale.

Featured Properties

Commerce is currently featuring the following property:

Rail Road CrossingRail Services - Another Advantage of Locating Your Company in Commerce

In today’s economy, rail services offer an affordable and dependable solution. Not only is rail transport considered the most energy efficient mode of transportation, but with rising fuel prices, the lower cost of rail transportation increases its allure. With its ability to avoid the congestion involved with ground transport, rail transport is the most reliable mode of mass transportation and considered the safest means of delivering undamaged goods. Further, for environmentally savvy companies, rail transport tops the list as the most environmentally friendly mode of transportation...more about Commerce

Aerial Map of CommerceCommerce Economic Development Poster

The CEDC aided in the development of an aerial map of Commerce, displaying potential business and manufacturing sites. Also seen on this birds eye view of Commerce, are city services, amenities and educational resources....view map

Covidien Plant Finds Good Fit with CommerceCovidien Plant Finds Good Fit with Commerce
It’s not everyday that a global company finds a local connection, but that’s exactly what Covidien does. A $10 billion dollar company, the healthcare product company has operations right here in Commerce, utilizing a 300,000 sq. ft facility on Maple Street....complete article

Blacklands Railroad the 2011 Short Line Railroad of the Year

Railway Age magazine has named Blacklands Railroad the 2011 Short Line Railroad of the Year, and the Reading & Northern Railroad 2011 Regional Railroad of the Year. The awards were presented at the American Short Line and Regional Railroad Association's annual meeting in San Antonio, Tex., Tuesday evening, May 3, 2011...more information

 

October 19, 2020 at 11:00 a.m.
Regular Meeting

Conference Room – McDowell Administration Building, #290
Campus of Texas A&M University - Commerce
2008 University Drive Commerce, TX 75428
Topic: CEDC Board Meeting
See Agenda for connection details and Zoom remote meeting details.
View Agenda

Notice of Meeting – Tax Abatement OEP, INC.

Notice of Meeting – Tax Abatement HUARU GROUP HOLDING, INC.

Notice of Public Hearing for Creation of Reinvestment Zone No. 2020-01

September 21, 2020 at 11:00 a.m.
Regular Meeting

Community Room – Guaranty Bond Bank
1108 Park Street
Commerce, TX 75428
Topic: CEDC Board Meeting
See Agenda for connection details and Zoom remote meeting details.
View Agenda

August 31, 2020 at 3:00 pm.
Remote Meeting Notice

The Public may join this meeting via the web utilizing the link provided in the agenda below.
Topic: CEDC Board Meeting
Time: August 31, 2020 3:00 PM Central Time (US and Canada)
See Agenda for connection details.
View Agenda

Notice of Quoram
August 20, 2020 at 2:30 p.m.
Board of Directors may be present during a meeting regarding Project 400 on
Community Room – Guaranty Bond Bank
1108 Park Street
Commerce, TX 75428
View Details

Special Meeting
August 3, 2020 at 2:00 p.m.

Commerce City Hall
1701 Campbell St., Commerce, Texas 75428
View Agenda

Remote Meeting Notice (See agenda for meeting details)
July 21, 2020 at 2:00 p.m. 

Commerce City Hall
1119 Alamo Street, Commerce, Texas 75428
View Agenda

Special Meeting
July 7, 2020 at 2:00 p.m.

Commerce City Hall
1701 Campbell St., Commerce, Texas 75428
View Agenda

June 17, 2020 at 9:00 a.m.
Commerce City Hall
1119 Alamo Street, Commerce, Texas 75428
View Agenda

May 6, 2020 at 1:30 pm..
Remote Meeting Notice

The Public may join this meeting via the web utilizing the link:
Topic: CEDC Board Meeting
Time: May 6, 2020 01:30 PM Central Time (US and Canada)
See Agenda for connection details.
View Agenda

February 25, 2020 at 9:00 a.m.
Commerce City Hall
1119 Alamo Street, Commerce, Texas 75428
View Agenda

January 21, 2020 at 9:00 a.m.
Commerce City Hall
1119 Alamo Street, Commerce, Texas 75428
View Agenda

Special Meeting
January 6, 2019 at 10:30 a.m.

Commerce City Hall
1119 Alamo Street, Commerce, Texas 75428
View Agenda

December 18, 2019 at 8:00 a.m.
Commerce City Hall
1119 Alamo Street, Commerce, Texas 75428
View Agenda

November 12, 2019 at 8:00 a.m.
Michael “Pee-Wee” Walker Conference Room 
1119 Alamo Street, Commerce, Texas 75428 
View Agenda

November 04, 2019 at 8:30 a.m.
Michael “Pee-Wee” Walker Conference Room 
1119 Alamo Street, Commerce, Texas 75428 
View Agenda

October 30, 2019 at 7:30 a.m.
Michael “Pee-Wee” Walker Conference Room 
1119 Alamo Street, Commerce, Texas 75428 
View Agenda

October 25, 2019 at 12:00 p.m. (Special Meeting)
Michael “Pee-Wee” Walker Conference Room 
1119 Alamo Street, Commerce, Texas 75428 
View Agenda

October 7, 2019 at 7:30 a.m.
Michael “Pee-Wee” Walker Conference Room 
1119 Alamo Street, Commerce, Texas 75428 
View Agenda

September 16, 2019 at 3:30 p.m. (Special Meeting)
Commerce City Hall
1119 Alamo Street, Commerce, Texas 75428 
View Agenda

August 28, 2019 at 9:00 a.m.
Michael “Pee-Wee” Walker Conference Room 
1119 Alamo Street, Commerce, Texas 75428 
View Agenda

August 20, 2019 at 2:00 p.m. (Special Meeting)
Commerce City Hall
1119 Alamo Street, Commerce, Texas 75428 
View Agenda

July 24, 2019 at 8:00 a.m.
Michael “Pee-Wee” Walker Conference Room 
1119 Alamo Street, Commerce, Texas 75428 
View Agenda

July 24, 2019 at 9:00 a.m.
Michael “Pee-Wee” Walker Conference Room 
1119 Alamo Street, Commerce, Texas 75428 
View Agenda

June 26, 2019 at 9:00 a.m.
Michael “Pee-Wee” Walker Conference Room 
1119 Alamo Street, Commerce, Texas 75428 
View Agenda

May 23rd, 2019 at 1:00 p.m.
A quorum of the Commerce Economic
Development Corporation’s Board of Directors
will be present for a Joint Workshop with
Texas A&M University – Commerce
View Notice

May 20th, 2019 at 2:00 p.m.
A quorum of the Commerce Economic
Development Corporation’s Board of Directors
will be present for a Joint Workshop with
Texas A&M University – Commerce
View Notice

April 30th, 2019 at 9:00 a.m.
Michael “Pee-Wee” Walker Conference Room 
1119 Alamo Street, Commerce, Texas 75428 
View Agenda

April 1st, 2019 at 9:00 a.m.
Michael “Pee-Wee” Walker Conference Room 
1119 Alamo Street, Commerce, Texas 75428 
View Agenda

February 20th, 2019 at 9:00 a.m.
Michael “Pee-Wee” Walker Conference Room 
1119 Alamo Street, Commerce, Texas 75428 
View Agenda

January 16th, 2019 at 9:00 a.m.
Michael “Pee-Wee” Walker Conference Room 
1119 Alamo Street, Commerce, Texas 75428 
View Agenda

December 19th, 2018 at 9:00 a.m.
Michael “Pee-Wee” Walker Conference Room 
1119 Alamo Street, Commerce, Texas 75428 
View Agenda

November 28, 2018 at 9:00 a.m.
Michael “Pee-Wee” Walker Conference Room 
1119 Alamo Street, Commerce, Texas 75428 
View Agenda

October 24, 2018 at 9:00 a.m.
Michael “Pee-Wee” Walker Conference Room 
1119 Alamo Street, Commerce, Texas 75428 
View Agenda

September 5, 2018 at 12:00 p.m.
Michael “Pee-Wee” Walker Conference Room 
1119 Alamo Street, Commerce, Texas 75428 
View Agenda

August 22, 2018 at 9:00 a.m.
Michael “Pee-Wee” Walker Conference Room 
1119 Alamo Street, Commerce, Texas 75428 
View Agenda

Budget Workshop - July 25, 2018 at 8:30 a.m.
Michael “Pee-Wee” Walker Conference Room 
1119 Alamo Street, Commerce, Texas 75428 
View Agenda