Jeff Klopfenstein, President of the Methionine Unit at Novus International, announced plans to expand Alimet production at a new facility thus increasing capacity and jobs, to members of the Victoria EDC at their Annual Membership meeting.

Formosa Plastics Corporation Texas, in Point Comfort, is investing $5 billion into a plant expansion that will extend into Jackson County and provide about 340 jobs. The expansion will broaden the company's plastic resins product line and increase overall productivity, said Bill Harvey, company spokesman. Construction began about two and a half years ago and is scheduled to finish in late 2018.

Evan Smith, CEO and Co-Founder of the Texas Tribune offered a thoughtful perspective on the 85th legislative session as he presented Politics, Policy, Population: Where We Are & Where We Are Going to members of the Victoria EDC at their Semi Annual Membership meeting.

View Robert Tully, Venture Executive - Gulf Coast Growth Ventures for ExxonMobil Chemical Company as he addresses members of the VEDC.

Robert Tully, Exxon Mobil's Gulf Coast Growth Venture Executive addressed members at the VEDC Annual meeting indicating the economic outlook for the petrochemical industry is strong and Victoria remains high on the list of sites being considered for a new multibillion-dollar petrochemical facility.

Exxon Mobil and SABIC, which have partnered for more than three decades in Saudi Arabia, are looking in Victoria as well as the Corpus Christi area, specifically San Patricio County, Exxon spokeswoman Margaret Ross said.

Victoria EDC continues the mission of marketing to industry representing primary jobs. Victoria County is one of four sites being considered for a multibillion-dollar petrochemical complex proposed by Exxon Mobil Corp. and Saudi Arabia Basic Industries Corp.

Mr. Hartley Powell, Principal of Global Expansion Services at KPMG, LLP shares his insight on why communities should invest in economic development as he speaks at the Semi Annual membership meeting of the VEDC at the Victoria College Emerging Technology Complex. As a Senior Executive with a specialization in site selection and location analysis, Mr. Powell has more than 25 years' experience in economic development, industrial development, and state/local tax incentives.