Editing Parsons, Kansas (section)

===Industry===
The sale of [[Katy Industries]] to [[Union Pacific]], in 1988, eventually saw the loss of scores of railroad jobs and, in effect, severed a major part of Parsons' city history which stretched back to its 1871 incorporation.  While, in return, the city received a million dollars to help it recover (and so that it would not file lengthy paperwork opposing the sale and thus delaying it), that money is kept in a fund by the city government, which uses the accrued interest on economic development projects. The only reminder of the [[Katy Railroad]] is now found in the local historical society's museum, the annual [[Katy Days Festival]]<ref>{{cite web |title=KatyDays.com |url=http://www.katydays.com/index.html |website=Katy Days |access-date=June 22, 2019}}</ref> and of course the tracks, over which trains now speed through Parsons. The [[Kansas Army Ammunition Plant]] also was down scaled in the 1980s.{{citation needed|date=March 2011}}