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Durant Industrial Authority reports interest from manufacturer; potential $30M–$100M investment under review
Summary
The authority described 'Project Sand,' a potential manufacturing investment that could require more than 1 million square feet of space and total regional investment in the tens of millions of dollars; due diligence is underway and incentives are pending Oklahoma Department of Commerce review.
Durant Industrial Authority trustees received an update on a prospective manufacturing project dubbed “Project Sand” at the Jan. 7 meeting. The authority said due diligence is underway and the proposal could bring major investment to the city if the company chooses Durant.
Executive Director Kathy told trustees the company’s owners visited Durant and are considering locating two manufacturing operations in the area. Trustees were given preliminary financial information and said Vision Bank…
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