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News

Large Industrial Facility on Deep Water Port to Close
Dec 17, 2019
Alcoa Corporation, a global leader in bauxite, alumina, and aluminum products, today announced that it will permanently close its Point Comfort alumina refinery in Texas.
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Fowler Appointed Chairman of TEDC
Oct 18, 2019
VEDC President Dale Fowler will lead the state association of economic development professionals as Chairman of the Texas Economic Development Council's Board of Directors in 2020.
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Two Years after Fire, Diamond Fiberglass Rises from Ashes
Jul 02, 2019
The company is one of fewer than 10 companies in the U.S. and Canada that have an American Society of Mechanical Engineers Reinforced Thermoset Plastic Corrosion-Resistant Equipment Certification and they recently shipped two newly fabricated 21½-foot fiberglass containers from the Port of Victoria, confirming the local manufacturer has not only returned but surpassed previous production milestones.
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About Victoria EDC

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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.