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News

Nov 14, 2016
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.
Jul 27, 2016
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.

About Victoria EDC

Victoria Economic Development Corporation (VEDC), formed in 1982, is a private economic development organization created to serve the City of Victoria, Victoria County, and the surrounding geographical region impacting Victoria’s economy.

The key objectives of Victoria Economic Development Corporation:

  • To recruit new businesses, both international and domestic, in order to create jobs and increase the tax base.
  • To retain and expand existing business by assisting them to increase profitability through exports, strategic alliances, new project development and workforce development improvements.

VEDC accomplishes these objectives by:

  • Working on job creation in the Victoria area with a comprehensive plan in place.
  • Initiating contact with companies within targeted industries.
  • Responding to industrial and manufacturing inquiries about the Victoria market.
  • Marketing Victoria to prospective companies via brochures, statistical data, and project specific proposals.
  • Maintaining a statistical database on Victoria and the area to meet the needs of prospective companies.
  • Working with high schools and colleges in the Victoria area to have in place a variety of job-training programs. Customized job-training programs can also be activated if a prospective company requests such a service.

VEDC is proud to provide services for companies moving within or relocating to Victoria including:

  • Identifying client needs and coordinating development efforts, i.e.. site location, buildings, infrastructure, skilled workforce, utilities, etc.
  • Working with clients as a liaison with the State of Texas, City of Victoria, Victoria County, and the Victoria Navigation District to obtain fast track permitting and ensuring projects successfully meet completion on time.

VEDC is:

Contractual agreements are in place with the Victoria Sales Tax Development Corporation - City of Victoria, Victoria County, and the Victoria County Navigation District to provide economic development services. These partnerships strengthen Victoria’s competitive position. VEDC’s private sector funding is derived from businesses and individuals committed to supporting Victoria’s growth. Contact us at vedc@victoriaedc.com for more information on becoming a member of VEDC.