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News

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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Victoria TX - Trending Up
Jun 26, 2019
Tony Schum, a Vice President in Duff and Phelps' Site Selection and Incentive Advisory practice provides a glimpse at the trends currently taking place in economic development and how the Victoria community is prepared to compete for new business investments.
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Preparing Our Future Workforce
Apr 09, 2019
The University of Houston - Victoria and Victoria Independent School District prepare Victoria's future workforce with specialized training in mathematics and robotics.
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Foreign Trade Zone #155

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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.