Sherman-Denison Area of Economic Development

Sherman-Denison Region for Business

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

The Sherman-Denison area has room for companies to grow and the resources available to support them. An abundant water supply, a new clean power generating plant and excellent transportation links make doing business here a smart choice for all industries. High quality rail service, industrial parks with infrastructure in place, a low city tax rate and award-winning schools are all reasons to conduct business in this region. In Sherman, two large business parks have plenty of space to start or expand your business: the 3,300-acre master planned Progress Park, and the 300-acre Midway Industrial Park.

Rankings

Cars park outside a shopping center in downtown Denison, Texas.

#4 Best Place to Live in Grayson County, TX (Denison)

Niche 2022
The Sherman Municipal Building in Sherman, Texas

#20 Best Small Cities to Live in U.S. (Sherman)

WalletHub 2022

Sherman-Denison Economic Strengths

Learn more about the economic strengths and business advantages that this metro area offers.

Aerial view of the Town Center in Sherman, Texas with shops and a large parking lot.
A banner on a lamppost reads "Austin College" with the school's red and yellow logo.
Three trains transport goods down the main railway lines in Sherman, Texas.
  • Business Climate
  • Talent
  • Infrastructure
Business Climate
Aerial view of the Town Center in Sherman, Texas with shops and a large parking lot.

A Healthy Business Climate Built on Manufacturing

Sherman-Denison’s economy is built on a strong history of manufacturing, but continues to diversify with new company investments.

Major business clusters in Sherman-Denison include information technology and manufacturing. Major employers include Cigna, Ruiz Food Products and Tyson Foods.

Recently, Texas Instruments (TI) decided to add new semiconductor wafer fabrication facilities in Sherman, Texas with the expectation of having up to four plants built and employ up to 3,000 people.

Additionally, GlobiTech, Inc., a semiconductor manufacturing company and subsidiary of Taiwan-based GlobalWafers, announced that they will be opening a new semiconductor facility in Sherman, Texas, which is expected to create 1,500 new jobs and generate billions in capital investment.

Talent
A banner on a lamppost reads "Austin College" with the school's red and yellow logo.

A Growing Talent Pipeline

Sherman-Denison offers a strong talent pool from surrounding rural regions to support your business.

Grayson College is a two-year community college in Denison that offers an excellent academic curriculum designed to prepare students for the workforce. Austin College is a private liberal arts college in Sherman with an experiential learning environment and outstanding academics.

Infrastructure
Three trains transport goods down the main railway lines in Sherman, Texas.

Statewide Roadway Connectivity

Sherman-Denison offers travel by road, air, or rail, making it an ideal location for logistics and distribution operations.

I-35 extends connectivity from North Texas throughout the rest of the state. North Texas Regional Airport offers convenient air travel, and Major Class I railroad operators provide reliable transportation via rail.