RES-143
Consider approval of a resolution authorizing a Program Project Agreement between the Waco McLennan County Economic Development Corporation (WMCEDC) and Associated Hygienic Products, LLC (AHP) in an amount up to $440,000.00 (of which up to $220,000.00 will be provided by the City of Waco) in exchange for a $10,000,000.00 investment in personal property, the creation of 55 new full-time jobs, and the retention of 152 current full-time jobs at AHP’s facility located at 2101 Texas Central Parkway in Waco, Texas; and authorizing the City Manager to execute all necessary documents in connection therewith.
RES-144
Consider approval of a resolution authorizing an Industrial Tax Abatement to exempt a percentage of the taxable value of new Personal Property at Associated Hygienic Products (AHP) facility located at 2101 Texas Central Parkway; and authorizing the City Manager to execute all documents necessary to complete this transaction.
I found that AHP is a wholly owned subsidiary of DSG, Disposable Soft Goods International. DSG is based in Hong Kong with operations centers in South East Asia and Greater China. They make diapers - at least at the Waco facility which is located at 2101 Texas Central Parkway.
The website says that the Waco facility opened in 2009, but I believe that there was some kind of takeover. Didn't Weyerhauser make diapers? I wish I had time to investigate that further.
It is not clear whether the $10m will be new investment or if it's on their current holdings.
Comments? Do we tell our city council that we do not want to support foreign interests? It is not on the County Commissioners agenda for this week and they would also have to approve. In the past, we have seen the commissioners act the week following the city council.
Links:
AHP Company History: http://www.ahp-dsg.
Waco City Council meeting agenda: http://www.waco-texas.
Contact information for the city council: http://www.waco-
It took me less than 5 minutes to go to the form and send the following message to all of the council members and the mayor.
ReplyDelete"I respectfully ask you to vote "no" to RES-143 and RES-144 in tomorrow's council meeting. The money from the WMCEDC should be used to support local businesses and not foreign companies.
Thank you."
This is a new business in Waco. We were sub-contractors for portable restrooms for the new construction of this facility
ReplyDeleteOK - I got a bit carried away with the "LET'S STOP IT" stuff. I had a good conversation (about an hour) with Commissioner Kelly Snell. He hasn't seen the information about this yet, but he was able to tell me about the process WCMEDC goes through. This company has done this before, in fact their last payment was just a few weeks ago. He believes it is a good company. They are likely adding additional lines. $10m in improvements is not out of the question. He will give me more information about it when he gets it, but that won't be until after the Waco City Council votes. We also talked about some other things. He is a very nice man and I believe he really wants to cooperate and share information. He's very glad that someone is interested in learning about this stuff and getting involved. This deal does not have the problems that the FreeFlight deal did. I'm glad that I went through the exercise, though. I took notes during my conversation and I'll write those up sometime. It was much better to have someone explain it to me rather than trying to read about it and understand.
ReplyDeleteGood job Lisa!
ReplyDelete