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Mar 31, 2026 · Context

AEDC status report through March 2026 shows no payments to Plant-AS or Coast Packing and $810,000 to Jax Transport

The AEDC's unaudited cumulative project status report through March 31, 2026, in its August 2026 board package, lists Plant AS ($3,750,000) and Producer Owned Beef ($8,000,000) with no payments, Coast Packing ($1,720,000) with none paid, and Jax Transport ($3,300,000) with $660,000 paid in prior years and $150,000 in the current year. Mateen Bar USA, Horizon Ag-Products and North Heights Linen do not appear in the report.^[1]

Doug Nelson Amarillo Economic Development Corporation (AEDC)Plant AS (Plant-AS-DNPS-003-2)Coast Packing CompanyJax Transport, LLCAffiliated Foods, Inc.Asset Protection Unit, LLCProducer Owned Beef, LLC

What the sources say

✓ Verified
The AEDC's status report through March 31, 2026 lists Coast Packing Company at $1,720,000, with no prior-year or year-to-date payments, a current-year budget of $1,144,000 and $576,000 in future commitments.^[1]
Original
$1,720,000
Paid
$0
Current year budget
$1,144,000
⚠ Sources differ
The AEDC's reports and its account registers give different totals paid to Jax Transport.
Reported value 1[2][1]
Paid by March 31 2026
$810,000
Paid in year to Aug 31 2025
$420,000
$810,000 paid by March 31, 2026, including $420,000 in the year ended August 31, 2025, in the AEDC's audits, board package and March 2026 status report.
Reported value 2[3][4][5][6]
Paid by March 31 2026
$510,000
Paid Oct 2024 to Sep 2025
$120,000
$510,000 in payments to Jax Transport listed in the AEDC's account registers through March 30, 2026, including $120,000 for October 2024 through September 2025. The registers and reports do not explain the $300,000 difference; the reports use a September-August year and the registers an October-September year.
✓ Verified
Payments to Jax Transport against the $3,300,000 commitment (AEDC records): $75,000 by September 30, 2023 and $240,000 by September 30, 2024 (audits); $420,000 more in the year through August 31, 2025; and, in the report through March 31, 2026, $660,000 in prior years plus $150,000 in the current year, with $2,430,000 in future commitments. That is $810,000 paid by March 31, 2026. The AEDC records do not state how many jobs Jax has reported. The AEDC's account registers list less (see the comparison below).^[7]^[8]^[2]^[1]^[5]^[6]
Original
$3,300,000
Paid through 2026 03
$810,000
Future commitments
$2,430,000
✓ Verified
The AEDC's status report through March 31, 2026 lists Affiliated Foods at $500,000, with $120,000 paid in prior years, nothing paid in the current year and $280,000 in future commitments.^[1]^[4]^[5]
Original
$500,000
Paid
$120,000
✓ Verified
The AEDC's status reports list the Plant AS job incentive at $3,750,000 with no payments and no current-year budget in every report from January 2025 through March 31, 2026; the full $3,750,000 remains under future commitments. The November 19, 2025 board staff report, which listed projects under construction, did not mention Plant-AS. As of October 16, 2026 no fetched source reports that construction began by the June 30, 2025 deadline, that the deadline was extended again, or that the AEDC terminated the agreement or sought return of the land.^[9]^[2]^[1]
Original
$3,750,000
Paid
$0
✓ Verified
The status report through March 31, 2026 lists the 2024 Asset Protection Unit agreement at $300,000, with $20,000 paid in the current year and $240,000 in future commitments.^[1]
Original
$300,000
Paid
$20,000
✓ Verified
These payment figures come from the AEDC's own reports; the March 2026 status report is unaudited and marked 'Restricted for management only, notes are not presented.' The City's check register (July 2022 to May 2026) lists no payments to Jax Transport, Coast Packing, Plant-AS, Mateen Bar or Horizon Ag, and one payment of $21,750 on December 11, 2023 to 'AMARILLO COLLEGE-INNOVATION OU', against the $600,000 a year the AEDC reports paying for the Innovation Outpost. AEDC incentive payments therefore do not appear to pass through the City check register, which does not tie payments to projects. The AEDC's own account registers, which the City publishes separately, do list payments to Jax Transport, Affiliated Foods, Caviness, Asset Protection Unit, Cacique Foods, Sage Oil Vac, A-7 Austin and Amarillo College; the 2025-2026 spreadsheet registers list no payment to Coast Packing, Plant-AS, Mateen Bar or Horizon Ag.^[1]^[10]^[3]^[4]^[5]
Register innovation outpost
$21,750
See the payments in the check register →
✓ Verified
The AEDC's account registers list these payments to Jax Transport from the AEDC Projects account: $75,000.00 on March 23, 2023; $165,000.00 on February 15, 2024; $120,000 on March 24, 2025; and $150,000 on March 30, 2026, a total of $510,000. The AEDC's own reports give $810,000 paid by March 31, 2026, including $420,000 in the year ended August 31, 2025; the registers for October 2024 through September 2025 list $120,000 to Jax Transport. The registers and reports do not explain the difference. ^[3]^[4]^[11]^[5]^[6]^[2]^[1]
Register total
$510,000
Aedc reported paid
$810,000
Register oct2024 sep2025
$120,000
✓ Verified
The AEDC's account registers list payments of $60,000.00 to "Affiliated Foods Inc" on September 26, 2024 and $60,000 on May 27, 2025, a total of $120,000, the amount the AEDC's March 2026 status report lists as paid in prior years. ^[4]^[5]^[1]
Register total
$120,000

Sources

1.Amarillo EDC Board of Directors Meeting Package, August 20, 2026 — Amarillo Economic Development Corporation, Aug 20, 2026 · retrieved Oct 16, 2026primarySubject-authoredIncludes the minutes of the July 9, 2026 board meeting (item 6, AAA Cooper amendment approved 4-0, "extension of their reporting for job creation to 2030") and the unaudited "CUMULATIVE PROJECT STATUS REPORT Through March 31, 2026", marked "Restricted for management only, notes are not presented".
2.Amarillo EDC Board of Directors Package, December 18, 2025 — Amarillo Economic Development Corporation, Dec 18, 2025 · retrieved Oct 16, 2026primarySubject-authoredIncludes the minutes of the November 19, 2025 board meeting (item 6: "POB: Under construction / Sage Oil Vac: Under construction / Coast Packing: Under construction / Endries: Should be starting construction in January") and the unaudited Cumulative Project Status Report through August 31, 2025.
3.Amarillo Economic Development Corporation account register, October 1, 2022 - September 30, 2023 — City of Amarillo, Feb 9, 2026 · retrieved Oct 18, 2026primarySubject-authoredScanned G/L by Business Unit report (City report R09420) listed on the City's Financial Transparency page under 'Component Unit Account Registers'. Columns: explanation, document type and number, G/L date, debit, credit. Figures cited on this site were read from the page images. Covers the AEDC Operating (9110.10530) and AEDC Projects Fund (9120.10540) bank accounts; report run February 9, 2026.
4.Amarillo Economic Development Corporation account register, October 1, 2023 - September 30, 2024 — City of Amarillo, Feb 9, 2026 · retrieved Oct 18, 2026primarySubject-authoredScanned G/L by Business Unit report (City report R09420) listed on the City's Financial Transparency page under 'Component Unit Account Registers'. Columns: explanation, document type and number, G/L date, debit, credit. Figures cited on this site were read from the page images. Covers the AEDC Operating (9110.10530) and AEDC Projects Fund (9120.10540) bank accounts; report run February 9, 2026.
5.Amarillo Economic Development Corporation account register, January 1 - September 30, 2025 — City of Amarillo, Apr 1, 2026 · retrieved Oct 18, 2026primarySubject-authoredSpreadsheet account register listed on the City's Financial Transparency page under 'Component Unit Account Registers'. Lists the date, journal source, spend category, supplier or customer, fund, payment and deposit for each row. Covers the Amarillo EDC Operating (Fund 9110) and Projects (Fund 9120) accounts.
6.Amarillo Economic Development Corporation account register, March 2026 — City of Amarillo, Jun 17, 2026 · retrieved Oct 18, 2026primarySubject-authoredSpreadsheet account register listed on the City's Financial Transparency page under 'Component Unit Account Registers'. Lists the date, journal source, spend category, supplier or customer, fund, payment and deposit for each row.
7.Amarillo Economic Development Corporation Financial Statements (audit), September 30, 2023 and 2022 — Amarillo Economic Development Corporation, Mar 27, 2024 · retrieved Oct 16, 2026primarySubject-authoredScanned file read with OCR. Note 20: "In November 2023, AEDC conveyed land valued at $1,201,200 to Coast Packing Company-South, LLC"; "In February 2024, AEDC conveyed 413 acres of land valued at $4,961,160 to Plant AS". Note 16: Jax Transport "$75,000 of funds have been expended".
8.Amarillo Economic Development Corporation Financial Statements (audit), September 30, 2024 and 2023 — Amarillo Economic Development Corporation, Mar 17, 2025 · retrieved Oct 16, 2026primarySubject-authoredScanned file read with OCR; issued March 17, 2025. Note 16 on Asset Protection Unit: "$970,000 of incentives have lapsed"; on Jax Transport: "$240,000 of funds have been expended on this commitment, leaving a remaining commitment of $3,060,000". Note 20: "AEDC approved a purchase sale agreement with Pacific Cheese for approximately 3.61 acres".
9.Amarillo Economic Development Corporation Managerial Report, for the four months ended January 31, 2025 — Amarillo Economic Development Corporation, Jan 31, 2025 · retrieved Oct 14, 2026primarySubject-authoredUnaudited; marked 'Restricted for management only, notes are not presented'. 'Cumulative Project Status Report' through January 31, 2025 on page 6. 'published' set to the report period end; the file was uploaded to the AEDC site in December 2025.
10.City of Amarillo check registers (pooled funds), consolidated — City of Amarillo (monthly check registers); consolidated by Khaotic Digital · download · coverage 2022-07 .. 2026-07 · retrieved Oct 18, 2026datasetPublished download replaces private individuals with their role (see Methodology).
11.Amarillo Economic Development Corporation account register, October 1 - December 31, 2024 — City of Amarillo, Apr 1, 2026 · retrieved Oct 18, 2026primarySubject-authoredScanned G/L by Business Unit report (City report R09420) listed on the City's Financial Transparency page under 'Component Unit Account Registers'. Columns: explanation, document type and number, G/L date, debit, credit. Figures cited on this site were read from the page images. Covers the AEDC Operating and AEDC Projects Fund bank accounts; report run February 9, 2026, posted April 1, 2026.