AEDC Approves Three Projects For Expansion

 The Amarillo Economic Development Corporation board has approved three new projects for expansion into the city.

One, is an expansion to the infrastructure, while the other two are location incentive agreements.

Insurance payment company Asset Protection will add 30 new employees with its expansion, while Sage Oil Vac, will expand to 20 acres and add 60 jobs with a $10 million estimated improvement.

AEDC President and CEO Kevin Carter calls this a win-win for everybody involved.

The Amarillo City Council approved the project at the City Council meeting Tuesday.

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