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PEDC Board Meeting Minutes July 21, 2017 Page 3 of 6 Horton stated that discussions are ongoing with Paris TxDot, Red River County and Fannin County on the improvement of Highway 82. They would like to see Highway 82 as a four -lane through the Metroplex. Highway 19 in Hopkins County is another project SuRRMA is looking at supporting. Mr. Paris stressed how important it is to have the four -lane access to major interstates. Kimberly Clark is running 170 trucks a day, Campbell's Soup is running 80 trucks a day, and Turner Industries is running 30 trucks a day. All are grateful for the highway expansion. TxDot will also be doing a Loop 286 study to measure the traffic and look at solutions for traffic flow. Mr. Horton said the future for SuRRMA will be to start with a study of the highways in the area and prioritizing the needs of the area. Mr. Banks asked about the rail service between Paris and Bonham. Mr. Horton said they are looking at the rail service. There is a rail line that goes between Greenville and Texarkana, but the problem is keeping it running. Since rail is an efficient way to move goods, they will search for how to get TxDot more involved in rail. Mr. Horton asked if there were any more questions. With no more questions, the Board thanked Mr. Horton and SuRRMA for the check. Discuss and possibly approve BodyGuard Bumpers' request for an additional $25,000 exceeding initial compliance of fifteen (15) employees to twenty (20) FTE employees -- Five (5) FTE Employees multiplied by $5,000 per iob. Mr. Paris let everyone know that BodyGuard is finishing out its current incentive agreement. For a full year the company has exceeded the initial compliance by 5 full -time employees. Mr. Paris recommended that the Board approve the request from BodyGuard to be paid the new job incentive of $5,000 per employee for the 5 new jobs created. This would be a total of $25,000. In addition to this a new agreement would be setup through June 2018; the agreement would be a new job incentive of $5,000 per employee for 5 new jobs created. The total of this incentive would be $25,000. Training funds are still available in the current incentive agreement and we would like BodyGuard to be reimbursed for some of the training costs. Grant and Kelli Mallicote, owners of BodyGuard, have worked with the PEDC for about six years. Ms. Mallicote said they have become a key player in the Specialty Equipment Market Association (SEMA) is the largest specialty automotive trade show in the world. At the 50th SEMA Show the goal of the Mallicotes' was to have 50 trucks to show, they surpassed themselves with 56 trucks. Ms. Mallicote stated that another goal was marketing the product more and that is happening because of attending more trade shows, being on 10 magazine front covers and in 15 magazine features, working with high - profile clients and TV shows on Discovery Channel. Ms. Mallicote stated that BodyGuard is number one in its industry. They are expanding across the U.S. and now the international market is opening up for them. Mr. Paris asked if Ms. Mallicote would explain the process they use to manufacture the BodyGuard product. Ms. Mallicote explained that they start with raw steel and end with a fmal product which is all done in house. The material goes through a press break where it is broke; it goes on to be cut into pieces and shapes, it is sent on to the welding bay for fitting and hand welding, from there it is on to pipe bending for the grill guard, the product is taken to the sand blast facility, it is then sent to powder coating, the final area is packaging and out the door. Ms. Mallicote said it is hard to keep welders because of the competitiveness in the area. Also, she talked about the attention to detail that is needed when welding one of the BodyGuard Bumpers. Another struggle is that both owners are being stretched too far and not having the time it takes to grow the business. The third item is the equipment being used; having new equipment would help the employees do their jobs better and would speed up the manufacturing process. Mr. Mallicote gave the