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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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Sales & Use Tax Refunds

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The state levies a sales and use tax of 6.25% on sales of tangible personal property and certain services. The City of Victoria and Victoria County add an additional sales tax of 2.0% making the total combined rate of 8.25%. There are exemptions for groceries, medicine, property for resale, manufacturing equipment and many items used exclusively on farms and ranches for food production.