Breckenridge Economic Development Corporation Approves $150,000 Incentive Package to Support R.E. Dye Manufacturing Expansion and Job Retention

 Breckenridge, Texas – May 21, 2025 — The Breckenridge Economic Development Corporation (BEDC) has approved a $150,000 incentive package aimed at strengthening the future of R.E. Dye Manufacturing, a legacy business serving key aerospace clients such as Bell Helicopter, Subaru Helicopter, and Air Tractor. 

Following the passing of company founder Jimmy Dye, ownership has transitioned to his son, Coby Dye. Under Coby’s leadership, the company is undergoing significant restructuring to improve operational efficiency and financial performance. Coby Dye has firmly committed to keeping R.E. Dye Manufacturing—and its workforce—in Breckenridge. 

The approved BEDC incentives include: 

• $150,000 in Cash-for-Jobs Incentives to support the company’s modernization efforts and adoption of advanced machining technologies, enhancing profitability and ensuring long-term sustainability. 

“This is more than an investment in a company—it’s an investment in Breckenridge jobs, skilled trades, and our community’s economic future,” said Michael Paris, CEO and Executive Director for the Breckenridge EDC. “Coby’s commitment to innovation and remaining competitive in Breckenridge aligns with the BEDC’s mission to retain and grow local industry.” 

The $150,000 support package reflects an investment of approximately $3,261 per job retained or created and is expected to bolster R.E. Dye’s competitiveness in the precision manufacturing sector. 

For more information about the BEDC and its business retention and expansion efforts, visit BRECKTXEDC.COM. 

Contact: Michael Paris CEO/Executive Director Breckenridge Economic Development Corporation (254) 559-6228 michael@breckenridgetexas.com http://brecktxedc.com