About The Corporation
Henderson Economic Development Corporation (HEDCO) is a Texas non-profit corporation, managed by a five-member Board of Directors whose members are appointed by, and serve at the pleasure of the Henderson City Council. The everyday oversight is the responsibility of the Executive Director and Administrative Assistant. The corporation was created under Section 4A of the Development Corporation Act of 1979 and governed by Article 5190.6, Revised Civil Statutes of the State of Texas, as now existing or as may be amended. HEDCO was established in January, 1992 by a vote of the citizens of Henderson, Texas. HEDCO is also a IRS 501c6 Non-Profit Organization.
HEDCO’S mission is to advance opportunities that enhance and expand the economy of the City of Henderson, thereby creating new economic value, adding full-time job opportunities and improving quality of life for the citizens.
To encourage support and financially assist in the retention and expansion of existing Henderson businesses and industries.
To attract the locating of new manufacturing companies and industries to Henderson with available sites and buildings, financial incentives, available and technically skilled workforce, and other support services.
To encourage, support, and financially assist in the diversification of the economy, particularly manufacturing and industry.
To assist with activities which contribute to the overall quality of life in Henderson.
To work closely with Rusk County Rural Rail District and short-line operator in promoting of rail service.