Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Sixco Economic Development topic
No spam. Unsubscribe anytime.
Sixco tells commissioners it's securing partners and looking for first tenant; press release planned after letters of intent
Summary
Sixco reported an executed memorandum with FDCL, outreach to Danish partners and other collaborators, a positive state subcommittee presentation, and active efforts to secure tenant letters of intent before issuing a public press release.
Representatives for Sixco updated the Lincoln County Board of Commissioners on March 2 about progress toward recruiting a first tenant and expanding collaborations, and said they plan a coordinated press release once letters of intent are in hand.
Derick Hembd, presenting by phone, said Sixco has executed a memorandum of understanding with FDCL and has conducted discussions with Danish partners and other technology providers. He said Sixco is seeking letters of intent from prospective tenants and will hold a press release for key stakeholders until those letters are executed. Hembd noted that state‑level outreach has been positive: Jeff Fontaine (LCRDA) and Jeremy Drew (RCI) presented Lincoln County's efforts to a Natural Resources subcommittee of state legislators and received favorable responses.
Why this matters: the Sixco project is framed as an economic development effort that could attract tenants, technology partners and state attention; commissioners and Sixco leadership signaled ongoing coordination across county, state and international partners.
Commissioners asked Sixco to supply letters of intent when available. Chair Janine Woodworth and Commissioner Mike Reese expressed support for the outreach; Hembd said Sixco would share copies of executed documents with county staff when appropriate. Hembd also said Sixco is engaging with FDCL and international collaborators to evaluate technologies and tenant interest.
What happens next: Sixco will continue tenant recruitment and provide executed letters of intent to county staff; a coordinated press release will follow. Commissioners said they would share information received from state and partner presentations with relevant county staff.
