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News

Formosa $5 Billion Expansion Underway
Jul 25, 2017
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.
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Texas Tribune CEO, Evan Smith, Discusses Legislation's Effect on Economy
May 25, 2017
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.
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Shale Energy Powers U.S. Manufacturing Growth
Dec 16, 2016

View Robert Tully, Venture Executive - Gulf Coast Growth Ventures for ExxonMobil Chemical Company as he addresses members of the VEDC.

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Type B Sales Tax Corporation Grants

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Selected use of Type B Sales Tax Corporation funds may be available for qualifying businesses in support of capital investment in real property or added infrastructure. The amount of the grant is dependent upon the company investment, job creation, and payroll.

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.