News Provided by KSST Radio
October 29, 2021
D6 Inc. plans to relocate the company headquarters from Portland, Oregon, to Sulphur Springs, to expand their manufacturing presence in the state, Governor Greg Abbott announced Friday afternoon, Oct. 15, 2021. D6 Inc. is an advanced design-to-shelf packaging manufacturer, using recycled plastics, and when the pandemic began shifted to making face shields and masks. The business opened a Sulphur Springs plant at the end of 2020, with plans to expand within 18-months — which now includes moving the D6 Inc. headquarters to Sulphur Springs as well.
Starting An Operation In Sulphur Springs
D6 Inc. purchased the old Coca-Cola building, which was more recently the location for S&S Commercial operations. In November 2020, Sulphur Springs City Council was asked to establish an industrial reinvestment zone so the business could apply for a tax abatement from the hospital district, as well as n economic development agreement with the city so the Portland, Oregon-based business could make a $6 million investment, including a 5,000 square foot expansion, of the old Coca-Cola business, located at the corner of Industrial Drive and Commercial Services Drive.
Sulphur Springs City Council approved the requests on first reading in November and final reading on Dec. 1, 2020, granting a 10-year 380 economic development agreement to D6 Inc., requiring the business to pay all taxes, then receive a rebate when documents showing the terms of the agreement are met are provided. This first year, the rebate would be the full amount, then would reduce by 10 percent each year. Essentially, the business would pay 45 percent of total taxes over the 10 years of the agreement.
