Borger, Texas | Build it in Borger. | 806-521-0027
The Borger Economic Development Corporation | 1111 Penn St. Borger, TX 79007 | 806-521-0027
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Incentives and Programs

Incentives and Programs

We'll invest with you to Build it in Borger.

 

The Borger Economic Development Corporation provides financial incentives to industries within the community, the state, and to businesses nationwide seeking expansion to this outstanding community. All incentive offers are evaluated on their own merits and are subject to approval by the Borger, Inc. Board of Directors and, in certain instances, the Borger City Council. Approval is contingent upon the feasibility of the project, capital investment, job creation, and overall benefit to the community.

Overview

  • Borger, Inc. is a Type A Economic Development Corporation that receives approximately $1 million annually to fund development activities.
  • Borger, Inc. regularly provides financial assistance, in form of grants or loans, to companies that locate in our community.
  • Through Frank Phillips College, Borger, Inc. offers job training to companies that require on-site or off-site training for their employees.
  • Panhandle Workforce Solutions staff is available to work closely with companies to recruit employees for their operations in Borger. This service is available at no cost to you.
  • We can provide infrastructure development assistance, meaning cash incentives for improvements such as roads, buildings, parking areas, and more.
  • Borger, Inc. owns land at the Borger Business Park and has constructed water and sewer lines to develop the Borger Business Park for new projects. Land can be discounted, and in some cases granted, to a business as an incentive to locate to Borger.
  • Finally, the City of Borger can provide additional incentives through a Chapter 380 agreements.

 

Tax and Costs Savings Programs

Tax Abatement 

Yes: Chapter 380 Agreements through City of Borger

Yes: Chapter 312 Agreements through Hutchinson County

Economic Development Incentives

Yes: Type A Corporation with Additions

Enterprise Zone

YesTwo (2) in Borger

Foreign Trade Zone

Yes: Subzone 165A

Freeport Exemption

Yes

Other Economic Stimulants     Tax exemption on inventory in transit; customized             local job training facility; low natural gas & electricity       rates; daily rail switching.

 

For information regarding incentives or a possible expansion or relocation of a business to Borger, contact:

Borger Economic Development Corporation
Amy Fesser, Executive Director
1111 Penn St
Borger, TX 79007
Phone: (806) 521-0027
E-mail: afesser@borgeredc.com



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