S.E.E.D.
Sweetwater Enterprise for Economic Development Inc.
The Sweetwater Enterprise for Economic Development Incorporated (S.E.E.D.) mission is to facilitate a transitional move to this forward-thinking area. S.E.E.D. is prepared for the challenge of maintaining consistent economic growth, including the creation and retention of jobs in Sweetwater. As a 4A organization, S.E.E.D. is focused on providing businesses the best opportunity for growth, thereby ensuring consistent economic growth for this area.

Board Members
President:
David Maddox
1610 Morris
Sweetwater, TX 79556
325.235.3195
dnmaddox@sbcglobal.com

John Jay
The Roscoe State Bank
P.O. Box 609
Roscoe, TX 78545
325.766.3311
jwjay@roscoestatebank.com

J.V. Martin
First National Bank
P.O. Box 660
Sweetwater, TX 79556
325.235.6600
jvmartin@fnbsweetwater.com

Kyle Martin
Lawrence Management
P.O. Box 8
Sweetwater, TX 79556
325.236.6351 x 120
kylel@lawbros.com

Pat Gerald
P.O. Box 206
Sweetwater, TX 79556
325.236.6128
pngerald@aol.com

Administration
Ken Becker
Executive Director
SEED
P.O. Box 785
Sweetwater, TX 79556
325.235.0555
ken@sweetwatertexas.net

Successes
Texas TST Inc.
• California Company http://www.tst-inc.com/open.htm
• Placed them in an available building and they refurbished and expanded.
• Created 50 jobs and moved in 2-3 jobs
• Manufactures secondary aluminum for automotive and aerospace industries
• SEED Inc. offset the cost of startup by making a loan that will be forgiven over a five year period if employment targets are met.

Ludlum Measurements Inc.
Needing to expand their operations, primarily for homeland security, LMI sought out SEED Inc. to help finance the expansion.
• SEED Inc. coordinated an effort that included the three banks and the Sweetwater Industrial Foundation to loan LMI $750,000. SEED Inc. guaranteed the loan which allowed LMI to borrow at the prime rate.
• SEED also provided a grant of $5,000 per job up to 100 jobs over a 15 year period. In just over two years, LMI had created 100 jobs and SEED provided $500,000 in incentives that were applied toward the construction of a new addition to the LMI operations.

Lonestar Trucking
Lonestar, seeking to take advantage of new opportunities, sought financing for a down payment on new tractor-trailer rigs. SEED provided a loan for this down payment which allowed Lonestar to hire new employees and provide better service to the local wallboard plants.

810 E. Broadway
P.O. Box 785
Sweetwater, Texas 79556
phone: 800.658.6757
fax: 325.235.1026

Ken Becker
Executive Director
ken@sweetwatertexas.net