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The Commerce Economic Development Corporation is a nonprofit corporation whose primary function is to promote economic development through recruitment of new industry and expansion & retention of existing industry in Commerce. The corporation was established in January 1994 when the citizens of Commerce approved the local option 4A Sales Tax for Economic Development. The one-half (1/2) cent sales tax generates approximately $356,000 annually for economic development. Packaging these funds with incentives from the state and other local entities, the CEDC has been aggressive in its pursuit of growth for Commerce.

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Commerce Economic Development Corporation Questions

The Commerce Economic Development Corporation annual revenue was $23 million in 2024.

Commerce Economic Development Corporation is based in Commerce, Texas.

The NAICS codes for Commerce Economic Development Corporation are [541, 81, 813, 54, 8139].

The SIC codes for Commerce Economic Development Corporation are [731, 73].

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