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News

Sep 19, 2018
“This annual list recognizing North America’s Top 50 Economic Developers is designed to acknowledge the hard work of the top leaders in this field and elevate the conversation around economic development and job creation,” said Ron Kitchens, managing partner of Consultant Connect. “Each of the leaders represented on this year’s list are beyond deserving of this recognition for their efforts in building our communities.”
Aug 24, 2018
Board of Directors and Staff are proud to offer their support to Adrian Cannady as he embarks on the next chapter of his career.
May 25, 2018
The advanced ADN technology investment will further strengthen the Victoria site's position in the global market.

News

Fowler Named Top 50 Economic Developer in Nation

“This annual list recognizing North America’s Top 50 Economic Developers is designed to acknowledge the hard work of the top leaders in this field and elevate the conversation around economic development and job creation,” said Ron Kitchens, managing partner of Consultant Connect. “Each of the leaders represented on this year’s list are beyond deserving of this recognition for their efforts in building our communities.”

VEDC Vice President accepts job in Temple

Board of Directors and Staff are proud to offer their support to Adrian Cannady as he embarks on the next chapter of his career.

INVISTA proceeds with $250 million technology upgrade in Victoria, Texas

The advanced ADN technology investment will further strengthen the Victoria site's position in the global market.

Agilon Energy to Invest $125 million

Ryan Castleman, CEO of Agilon Energy announced plans to construct two power generation plants in Victoria County, Texas.

Novus International Inc. Selects Calhoun County, Texas for Manufacturing Expansion

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 $5 Billion Expansion Underway

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.

Texas Tribune CEO, Evan Smith, Discusses Legislation's Effect on Economy

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.

Exxon Mobil Executive Presents Shale Energy Powers U.S. Manufacturing Growth

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, Saudis look to create petrochemical venture in Texas

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.

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