Sherman-Denison Area of Economic Development

Located just 40 miles north of the Dallas-Fort Worth Metroplex, Sherman-Denison offers wide open spaces with access to big-city amenities.

The region has room for companies to grow and the resources to support them. An abundant water supply, clean power generation, and excellent transportation links make it a smart location for businesses in manufacturing, logistics, technology, and more. High-quality rail service, industrial parks with infrastructure in place, a low city tax rate, and award-winning schools further enhance its appeal.

In Sherman, two large business parks offer space to expand: the 3,300-acre master-planned Progress Park and the 300-acre Midway Industrial Park.

Sherman-Denison Community Profile: Business & Lifestyle Opportunities

Imagine a place where your business can thrive, surrounded by a welcoming community, top-tier infrastructure, and access to major markets. That’s Sherman-Denison, a growing North Texas Metroplex for business where companies of all sizes—from global manufacturers to small businesses—are finding success.

Why Businesses Choose Sherman-Denison

• Strategic Location – 40 miles north of DFW Metroplex, with direct access to U.S. Highway 75, I-35, and major rail networks.
• Business-Friendly Climate – No corporate or personal income tax, local tax abatements, and customized incentive packages encourage business opportunity.
• Booming Industrial Growth – Texas Instruments ($30B investment, 3,000 jobs) and GlobiTech ($5B investment, 1,500 jobs) are fueling the local economy with the expansion of semiconductors and high-tech manufacturing.
• Strong Workforce – A skilled labor force supported by Grayson College’s advanced manufacturing training and Austin College’s STEM and business programs.
• Robust Infrastructure – North Texas Regional Airport (NTRA) with a 9000-ft runway, Foreign Trade Zone (FTZ), and triple Freeport exemptions, plus Class I rail service.
• Lower Cost of Doing Business – Affordable land, utilities, and workforce compared to Dallas-Fort Worth and other major metros.

Beyond business, Sherman-Denison is a great place to live and work. The area features top-rated schools, a revitalized downtown, and proximity to Lake Texoma, one of the largest recreational lakes in the U.S.

Historic Main Streets, boutique shopping, local breweries, and year-round festivals create a welcoming environment for residents and visitors alike.

Sherman-Denison Business Climate: Bold Incentives & Support

Sherman-Denison businesses benefit from a range of incentives designed to support economic growth, job creation, and investment.

Sherman & Denison Incentives

• Cash Grants – Financial support based on job creation, capital investment, and payroll size.
• Ad Valorem Tax Rebates – Tax abatements or rebates for new buildings and equipment.
• Freeport Exemptions – Elimination of inventory taxes on qualifying goods shipped out of state within 175 days.
• Revolving Loan Program – $1 million in funding available for property or equipment purchases at competitive rates.
• Industrial Property & Infrastructure Grants – Support for land acquisition, water/sewer line installations, and road access.

State-Level Incentives

• Texas Enterprise Fund (TEF) – Performance-based financial incentives for major job-creating projects help fuel the Texas economy growth.
• Skills Development Fund – Grants for customized workforce training through community and technical colleges.
• Manufacturing Sales Tax Exemptions – Tax breaks on equipment and raw materials for manufacturers.

Expanding Business Sectors

While manufacturing remains a powerhouse, Sherman-Denison is home to a growing mix of industries:

• Semiconductors & Advanced Technology – Texas Instruments and GlobiTech’s massive expansions are making Sherman a key player in the global semiconductor supply chain.
• Logistics & Distribution – Located on U.S. Highway 75, a major trade corridor, with rail connectivity and airport access.
• Retail & Small Business Growth – Programs like Sherman WOMO support women- and minority-owned businesses.
• Healthcare & Education – Expanding medical facilities and higher education programs attract skilled professionals to the region.

Real Estate & Industrial Site Availability

Sherman-Denison offers shovel-ready sites, industrial parks, and commercial properties designed to meet the needs of growing businesses.

Sherman Industrial Parks

• Progress Park – A master-planned, 3,300-acre industrial park with sites for manufacturing, data centers, HQs, and R&D.
• Midway Industrial Park – 300 acres of rail-served industrial space.

Denison Industrial Parks

• North Texas Logistics Park – Prime space for distribution, warehousing, and supply chain operations.
• Foundation Business Park – 57 acres designed for high-tech manufacturing and advanced industries.
• Texoma Technology Park – A hub for innovation with prime sites ready for development and strong support for business growth.

Infrastructure & Accessibility Enhancements

Sherman-Denison is built for business connectivity with unmatched transportation and power infrastructure.

• Highway & Rail Access – U.S. Highway 75 and I-35 provide direct routes to Dallas, Oklahoma City, and beyond. Class I rail service connects businesses to national and global markets.
• North Texas Regional Airport (NTRA) – 9000-ft runway, Foreign Trade Zone (FTZ), and triple Freeport exemptions to reduce operating costs.
• Reliable Power & Utilities – Texas’ standalone power grid allows for an uninterrupted, cost-effective electricity supply.

Workforce Expansion & Education

Sherman-Denison offers a skilled, diverse workforce backed by leading education and workforce training programs.

• Grayson College provides custom workforce training grants through the Skills Development Fund.
• Austin College produces STEM, business, and healthcare professionals who contribute to the region’s economic growth.
• Strong Talent Pipeline – Recruitment programs help upskill workers for expanding industries.

Quality of Life & Cost Benefits

Sherman-Denison isn’t just a great place for business—it’s a great place to live.

• Affordable Cost of Living – Lower real estate and labor costs compared to Dallas-Fort Worth.
• Vibrant Downtowns & Local Culture – Historic districts, breweries, and Main Street revitalization projects add to the community’s charm.
• Outdoor & Recreational Attractions – Lake Texoma, Eisenhower State Park, and miles of hiking trails provide year-round recreation.

With a welcoming Texas business climate, a skilled workforce, and a high quality of life, Sherman-Denison is one of North Texas’ most dynamic locations for business growth and expansion. Learn more about the advantages of doing business in Texas.