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Learn about Cedar Hill Investor Relations, including Featured News and Key Projects.
Located in the beautiful hill country environment of Joe Pool Lake and Cedar Hill State Park, Cedar Hill, Texas is the natural choice for those who want big city amenities with small town charm.
Cedar Hill offers exceptional services and quality of life from all spectrums, including nationally-recognized schools, award-winning parks and recreation facilities, and a regional shopping destination. Ease of connectivity to the region, availability of freight rail, and abundant well-educated human capital promote growth and profitability in a wide range of business sectors, including retail, business services, and manufacturing.
Cedar Hill’s natural beauty, prime location, and excellent city services offer the perfect place to live, work, and play.
The City of Cedar Hill has named Henry Florsheim as the City’s new Economic Development Director, effective August 1. Florsheim brings more than 20 years of experience in economic development, marketing, and strategic partnerships to Cedar Hill. Most recently he served as the President and CEO of the Wichita Falls Chamber of Commerce, leading economic development efforts for that community. Under Florsheim’s leadership, Wichita Falls has won statewide awards for marketing and economic development and has landed well over $300 million in capital investment for the region.
“Henry’s wealth of experience in both traditional economic development and innovative new programs makes him a great fit for Cedar Hill,” said Cedar Hill Mayor Stephen Mason. “We are thrilled to welcome Henry to the community and excited to have him as a part of our team.”
Florsheim joins an Economic Development Department that was recently recognized as one of 63 economic development organizations accredited by the International Economic Development Council and was awarded the Workforce Excellence Award and Certificate of Achievement for Economic Excellence by the Texas Economic Development Council.
“I was drawn to Cedar Hill because of its emphasis on preserving green space and on utilizing quality of life as an economic driver,” said Florsheim. “With millions of potential workers and visitors living close by, it's an ideal opportunity for an economic developer. My family and I can't wait to get settled and become part of the community.”
A native of Monroe, LA, Florsheim is a graduate of the University of Louisiana at Monroe in Business Management and the University of Oklahoma’s Economic Development Institute. He has an MBA from Louisiana Tech University and received his IOM designation from the Institute of Organization Management, a four-year program of the United States Chamber of Commerce. He has served as a board member for the Texas Association of Business and the Texas Chamber of Commerce Executives.
Pratt Industries, Inc., through its subsidiary Pratt Corrugated Holdings, Inc., will locate a Regional Manufacturing & Innovation Center at High Point 67 in Cedar Hill, TX. Pratt will be the primary tenant on the High Point 67 campus, occupying one million square feet and investing more than $200 million in equipment, inventory, and building improvements. Pratt’s Cedar Hill facility will employ 150 full-time workers to manufacture corrugated boxes and custom packaging solutions.
Pratt is America’s fifth largest corrugated packaging company and the world’s largest, privately-held producer of 100% recycled containerboard. The Georgia-based company operates an extensive Recycling Company to supply five of the most modern, 100% recycled paper mills in the country.
“We’re very honored to be in Cedar Hill and we’re committed to the great state of Texas – in fact this is our fifth box factory here,” said Anthony Pratt, executive chairman of Pratt Industries. “We have long prided ourselves on the fact that we employ 11,000 Americans in well-paying, green-collar manufacturing jobs and we have now invested in America to the value of $10 billion. Cedar Hill will be our 71st factory in the USA.”
“We are excited to partner with the city of Cedar Hill and its officials to open this state of the art facility and bring new, green collar jobs to the area,” said Mike Tansey, President of Pratt’s Southwest Converting Division.
Pratt plans to sponsor a training and development program in collaboration with the city and school district.
“Pratt believes in investing in our employees and the communities where we live, work and serve,” said Tansey. “We have a strong history of providing continuous education, apprenticeships and on-the-job training opportunities for our employees. This joint collaboration with Cedar Hill and the school district is a great opportunity for us to encourage and invest in the community’s young talent and to help them find meaningful employment and long term financial stability.”
High Point 67, located on S. US-67 south of Mount Lebanon Road, is a Class A logistics and manufacturing center with up to two million square feet on more than 180 acres. Developed by Hillwood Investment Properties, the project is expected to generate more than $200 million in capital investment and support the creation of hundreds of jobs in Cedar Hill. The project’s location provides excellent highway visibility and access, proximity to an abundant workforce, and easy connectivity to the region.
“The city’s partnership with Hillwood on the High Point 67 project is already bearing fruit for our community through significant capital investment and well-paying green-collar jobs,” said Mayor Stephen Mason. “I am thrilled to welcome Pratt Industries to Cedar Hill as a company that shares our values of community partnership and environmental sustainability. Pratt’s Regional Manufacturing and Innovation Center is one more example of opportunities growing naturally in Cedar Hill.”
TAKE NOTICE that the City Council of the City of Cedar Hill, Texas, shall convene at 7:00 p.m. on March 22, 2022, at its regular meeting place in the City Hall located at 285 Uptown Blvd, Cedar Hill, Texas, and, during such meeting, the City Council will consider the passage of an ordinance authorizing the issuance of certificates of obligation in one or more series, in an amount not to exceed TWELVE MILLION TWO HUNDRED THOUSAND DOLLARS for the purpose of paying contractual obligations to be incurred for (i) construction and improvement of streets, sidewalks, and related improvements, including drainage, landscaping, streetscaping, pedestrian seating, lighting, signage and traffic signalization incidental thereto, and the acquisition of land and rights-of-way therefor, (ii) constructing and improving the City’s Water and Wastewater System, including the acquisition of land therefor, (iii) constructing, acquiring, purchasing, renovating, enlarging, equipping and improving park and recreation facilities, including the acquisition of land and equipment therefor, (iv) drainage and flood control improvements, including the acquisition of land and rights-of-way therefor, and (v) professional services rendered in connection therewith; such certificates to be payable from ad valorem taxes and a limited pledge of the net revenues derived from the operation of the City’s combined Waterworks and Sewer System. In accordance with Texas Local Government Code Section 271.049, (i) the current principal amount of all of the City’s outstanding public securities secured by and payable from ad valorem taxes is $93,835,000; (ii) the current combined principal and interest required to pay all of the City’s outstanding public securities secured by and payable from ad valorem taxes on time and in full is $117,389,097.24; (iii) the estimated combined principal and interest required to pay the certificates of obligation to be authorized on time and in full is $15,303,020.66 (iv) the maximum interest rate for the certificates may not exceed the maximum legal interest rate and (v) the maximum maturity date of the certificates to be authorized is February 15, 2042. The certificates are to be issued, and this notice is given, under and pursuant to the provisions of Texas Local Government Code, Chapter 271, Subchapter C, as amended.
City of Cedar Hill, Texas