Electra's Cameron plant provides oil tank and equipment manufacturing.
Although the plant expects to close up shop by March 15th some area business officials are already looking to have cameron's laid off employees join their team.
Sharp Iron Group has many workers skilled in painting, welding polishing.
And this company hopes to gain viable workers from the upcoming closure of Cameron Manufacturing Plant in Electra.
"We feel there's probably a good skill match for some of those people. So, we are aggressively trying to get in front of those people and see if they want to join us when the time is right," says Bob Payton, president and chief operating officer of Sharp Iron Group.
Sharp Iron officials say some current employees formerly worked at Cameron and have reached out to those Cameron workers.
"We're starting to hear from them but there haven't been any formal interviews yet. And we understand that there are some things with their severance that we want to make sure that are honored so they're not putting any financial risk in front of themselves," Payton explains.
Sharp Iron group isn't the only company interested in hiring Cameron workers.
Wichita Falls Chamber of Commerce and Industry officials say several companies have already called inquiring about job openings that could be filled by Cameron employees but that's not the only assistance the chamber is prepared to provide.
"At some point down the road, once all the timing of this clears up then if there's assistance to be given we can certainly help put on a job fair," says Henry Florsheim, president and CEO of Wichita Falls Chamber of Commerce and Industry.
So for now, everyone is waiting to see when Cameron employees will be available and what conditions the company will require them to follow.
Electra mayor, Curtis Warner, says the city stands to lose about $12,000 each year in property taxes.
As for Wichita County, tax assessor-collector, Tommy Symth, says Cameron's closure will cost the county nearly half a million dollars in taxes from its property, inventory and machinery.
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