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669 <br /> <br /> Minutes of PEDC Regular Meeting <br /> August 22, 2001 <br /> Page 5 <br /> <br />Mr. Vest reported on a meeting with the Silgan people as they were in a <br />situation of closing down some machinery and shipping it out. He advised that <br />he met with Dwayne Burch and Dale Routton to see if there was anything that <br />PEDC could do to keep that machinery working here in Paris. Mr. Vest said one <br />of the things he did find out was that to replace one piece of machinery would <br />cost about five million dollars, and Silgan needed three machines. Mr. Vest <br />advised that Mr. Burch said he was going to talk to the Silgan people and come <br />back with some ways that PEDC could help them retain some of their <br />workforce. Mr. Vest said that part of the discussion with Mr. Burch was about <br />how PEDC can help to expand the plant, not only to provide products for <br />Campbell Soup, but to provide products to other Silgan plants. Director Wall <br />said another problem is the transportation issue. He was in Austin last week and <br />had people working on a solution to this problem. <br /> <br />Mr. Vest reported that the staff is working on a postcard. They plan to take a <br />picture of a tombstone in Evergreen Cemetery at night time and use it to design <br />a postcard. There will be this tombstone and a company name on it; but on the <br />back, they will put terminology about high energy cost, the lack of available <br />kilowatts, and things of that nature, with a statement such as, "Shouldn't you <br />consider Paris, Texas?" Mr. Vest said thirty two thousand of these postcards <br />will be mailed into California. <br /> <br />Mr. Vest said they were in the process of updating their website and they were <br />wondering if the Board Members would like that type of exposure. Eric thought <br />about possibly having the Board Members' photographs and information about <br />them placed on the web. President Rhodes told Mr. Vest that it was totally up <br />to him. Director Guest suggested using a video on the website. <br /> <br /> A discussion ensued concerning the insuring of buildings such as Oliver Rubber <br /> Company that are saleable and that do not have a lot of environmental issues. <br /> Mr. Vest stated that, in time, it will probably fall to the PEDC to do some of the <br /> <br /> 5 <br /> <br /> <br />