The Victoria County Navigation District and Zinc Resources, LLC unanimously approved an agreement for a 25-acre lease on the new rail loop at the Port 's Victoria North Industrial Site.
Dallas, Texas — TNW Corporation (TNW), a privately held owner and operator of short line railroads and transportation logistics companies, has been selected by the Victoria County Navigation District (VCND) in Victoria, Texas to provide the Port of Victoria’s rail operations and co-develop a planned 3,000 acre multi-modal logistics facility.
Foreign Trade Zone No. 155 is located in Calhoun and Victoria counties and is managed by Calhoun-Victoria Foreign Trade Zone Inc. A sub-zone of FTZ 155 could be created at the proposed site. It offers operational and financial benefits to reduce operating costs associated with a U.S. location. Specifically, both foreign and domestic cargoes can be moved into the FTZ without formal Customs entry, without payment of duties or excise taxes, and without inclusion in quotas or other import restrictions. A zone user is able to avoid ad valorem taxes on all merchandise in the zone that is of foreign origin or which is destined for export.
Please contact VEDC at vedc@victoriaedc.com or telephone 800-765-8198, 361-485-3190 to learn if your business can benefit from this program.
101 W. Goodwin Ave., Suite 322
Victoria, Texas 77901
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TF: 1.800.765.8198 P: 361.485.3190 F: 361.485.3195 |
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