City officials will consider on first reading an economic development agreement with PTMW, a metal fabrication company. The company intends to enter a lease agreement with Flint Hills Ventures, LLC, which owns a warehouse facility under construction at 1105 Kretschmer Drive. PTMW is requesting a 10-year tax abatement and an incentive package that includes a $760,000 performance-based job creation grant. The company intends to employ 146 full time workers in the first five years, at an annual wage above $40,000.

The company is also seeking a $250,000 equipment investment grant, paid out in full if the company can show evidence of an $11 million equipment investment in the building by the first anniversary of the agreement date. Incentives would be paid out from the 2023 Economic Development Recovery and Relief Sales Tax Fund.

If approved Tuesday, the item would come back for a final reading at the April 15 legislative meeting.

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By Rose Gruenbacher

Scorpius BioManufacturing officials on Thursday told The Mercury the original deal they made with the state to construct a $650-million, 500,000-square-foot vaccine and biologic medicine plant is off after they failed to meet an end-of-year timeline, though they said the door is open to renegotiate a new agreement.

“I think there’s a desire on everyone’s part to see this happen,” said Scorpius founder and CEO Jeff Wolf in a phone interview. “But you know, I think given the amount of time that it’s taking, the original deal with the state is no more.”

In April 2022, Scorpius, a San Antonio-based company specializing in emerging biotech and academic research, announced it would build the plant on U.S. Highway 24 east of Manhattan, creating around 500 jobs. Since then, there has been virtually no progress, though state and local officials had reaffirmed the project still would happen.

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