Think about it this way: They've AVERAGED building more than three homes per production day since coming to Sulphur Springs, a testament to how steady production has been. There's days some of us don't go to the bathroom that many times.
Another person you can pat on the back is John Prickette Jr., who last I heard was working with GSC Enterprises (or Grocery Supply, if you prefer). I was there in August of 1996 when they announced that Clayton Homes was building a plant in Hopkins County, and John, who was just about to take over as director of the local economic development corporation, was instrumental in that decision. He had ties to Texas Utilities, whose reps were helping Clayton look at possible sites, and through John's help, they came to Sulphur Springs. It's doubtful they'd have even heard of us if it hadn't been for him.
And as successful as Clayton Homes has been, our community has been the real winner in the long run, even if a few soreheads didn't like the idea at first.
The deal included a $1.5 million grant, if my records are correct, and some people were probably thinking the EDC gave away too much to get them here. (OK, I know how some people around here think, and I KNOW they thought we were robbed.)
But consider this:
The deal also required the plant to have 175 employees in two years, and the company's goal was to have base salaries at $12 an hour by that time.
Today, the company doesn't provide 175 jobs. It provides 230 jobs, and this is the slow season. During peak production, it's closer to 260 employees.
By my calculations, with 230 workers, just the extra 55 jobs alone adds about $1.4 million a year in payroll — never mind bonuses or benefits, or what the other 175 are making, or how much the company pays in property taxes.
I take that back ... let's not ignore those 175. A quick check on the calculator finds 175 jobs at $12 an hour for 11.5 years is equal to ...
$50 million. Give or take a few hundred thousand.
All paid to people who live in our community.
That, my friends, is a healthy return on investment.
|< Prev||Next >|