Mar-Mac Wire to open plant in Denison
BY JESSICA RICHARDSON
HERALD DEMOCRAT
 

DENISON — With the attractive local economy, and the desire to expand business west of the Mississippi River, Mar-Mac Wire will be opening a distribution center and sales office in Denison in 2008.

The family-owned company was established in 1953 in McBee, S.C. Mar-Mac Wire manufactures steel wire products for the concrete industry.

Martin Martin is the company’s logistics manager. “My grandfather established the business in 1953,” he said. “We have been a manufacturer for the better of time since, but do some imports. We’re committed to keeping as many jobs in the U.S. as possible.”

Martin has set mid-January 2008 to begin production in the Denison plant. He said he expects to hire about eight employees within the first year. The annual estimated payroll is $270,000, an average pay of $33,750 per position.

“The main reason we’re opening in Denison is it’s more economical than Dallas with a lot of the same advantages,” explained Martin. “The cost of living is lower, the cost of space is a little bit lower, and you still get a lot of the advantages of buying freight. It worked out on paper and looks like a good place to stay.”

The business will occupy the J.C. Ray Building, a 20,000 square-foot facility on Juanita Drive.

By entering an agreement with the Denison Development Alliance under these payroll, job creation, and leasing conditions, Mar-Mac Wire will also receive quarterly cash payments amounting to as much as $16,000 for two years. This figure is based on three percent of the base taxable payroll.