City of Duncan purchases Haulmark building - KSWO, Lawton, OK- Wichita Falls, TX: News, Weather, Sports. ABC, 24/7, Telemundo -

City of Duncan purchases Haulmark building

Duncan_Duncan has seen some economic struggles over the past year.  Halliburton lost employees worldwide, and one of the city's biggest plants closed.  However, the Duncan Area Economic Development Foundation has taken matters into its own hands and purchased the 141,000 square-foot Haulmark Building.  In 2007, the company left Duncan because business was slow, and it had the community worried.  However, this purchase has put the city back in business. 

The Haulmark Building cost Duncan $2 million, which came from an economic development bond that recently passed.  It won't cost Duncan residents any additional tax dollars, and they will be seeing a great return. 

Sentry International is one of Duncan's newest employers, and the city's newest acquisition could be its new home thanks to the economic foundation's purchase.  "We're obviously looking for a larger place to grow and expand our business," said CEO Charley Pollack.  "The foundation has been entrusted to grow and create jobs," he said.  That's why Lyle Roggow with the Duncan Area Economic Development Foundation says they purchased the building.

The Haulmark building has been empty since the fall of ‘07, and it caused some other companies in the area to become nervous.  "If Enventure couldn't find a home by December, they were going to be heading back to Houston," said Roggow.  Economic concerns helped the foundation make the decision to purchase the building, and Eventure - an oil drilling component manufacturer - will be moving into 50,000 square-feet of the building.  "With the extra space, we're going to help some of our other companies do some expanding," said Roggow.

The foundation plans to add a business incubator for new Duncan businesses.  "It's going to allow us to see some new companies get some growth opportunities in a three-year time period," Roggow said.  While gathering the help the foundation needs to get off the ground, Roggow says their plans will bring a lot of new opportunities to the area.  "The economic group has done a great service to the community by jumping in that facility, and it gives a lot of people a lot of options," he said. 

Eventure is expected to move into the old Haulmark building in October and should be up and running by December, 2008.  With this expansion, Eventure Global Technology and Sentry International will bring more than three dozen new jobs to the area.

Count on 7News to keep you updated on Duncan's progress.

  • Local NewsNewsMore>>

  • Admin says big revenue from GOP tax plan; analysts less rosy

    Admin says big revenue from GOP tax plan; analysts less rosy

    Tuesday, December 12 2017 3:44 AM EST2017-12-12 08:44:43 GMT
    Tuesday, December 12 2017 12:55 PM EST2017-12-12 17:55:31 GMT

    Public polling shows many Americans are unhappy with the proposal. The separate bills recently passed by the House and Senate combine steep tax cuts for corporations with more modest reductions for most individuals.

    Public polling shows many Americans are unhappy with the proposal. The separate bills recently passed by the House and Senate combine steep tax cuts for corporations with more modest reductions for most individuals.

  • Prosecutors say suspect taunted Trump before subway bombing

    Prosecutors say suspect taunted Trump before subway bombing

    Tuesday, December 12 2017 12:33 AM EST2017-12-12 05:33:52 GMT
    Tuesday, December 12 2017 12:54 PM EST2017-12-12 17:54:20 GMT

    The man arrested in the bombing, who told investigators he wanted to retaliate for American action against Islamic State extremists, came to the U.S. from Bangladesh in 2011 on a visa available to certain relatives of U.S. citizens.

    The man arrested in the bombing, who told investigators he wanted to retaliate for American action against Islamic State extremists, came to the U.S. from Bangladesh in 2011 on a visa available to certain relatives of U.S. citizens.

  • Alabama special Senate race now in hands of voters

    Alabama special Senate race now in hands of voters

    Tuesday, December 12 2017 4:07 AM EST2017-12-12 09:07:39 GMT
    Tuesday, December 12 2017 12:48 PM EST2017-12-12 17:48:43 GMT

    An internationally watched Senate election is down to voters in Alabama who will choose between Republican Roy Moore and Democrat Doug Jones.

    An internationally watched Senate election is down to voters in Alabama who will choose between Republican Roy Moore and Democrat Doug Jones.

Powered by Frankly