Business in Victoria Secures Economic Development and Success
Victoria's business climate is ripe and diverse, providing the city with plenty of economic development opportunities for residents and businesses. Victoria is considered the “South Texas Crossroads” due to its convenient location at the intersection of U.S. Highways 59, 77 and 87. Here's a sample of the primary businesses that fuel Victoria's growth:
Victoria Transportation, Land and Other Business Basics
Victoria Regional Airport serves businesses and travelers in the southeast Texas region. With four runways and one helipad, the airport provides arrivals and departures seven days a week, and even offers free Wi-Fi in the passenger terminal and free parking. The Sky Restaurant is on-site and open for lunch and dinner Monday through Saturday. Beyond its casual dining, visitors can also take advantage of the full bar, private room or banquet hall.
The Lone Tree Business Center is 322 acres of land ready for industrial needs. Infrastructure ready, with natural gas, newly constructed water and drainage systems, this park includes an upgraded, adjacent roadway that is four lanes and truck quality. The center is located less than two miles from Victoria Regional Airport.
Victoria Plastics and Manufacturing Companies
Formosa Plastics Corporation has a 1,600-acre petrochemical complex in Point Comfort, Texas. Thirteen production units and a support center enable Formosa to produce plastic resins and petrochemicals. One of the largest employers in the area, Formosa also created the Formosa Tejano Wetlands Project to assist with wildlife preservation.
Inteplast Group's facility, in nearby Lolita, Texas, employs many people in the area. The facility is located on more than 700 acres and manufactures a variety of plastics. Some include: BOPP; stretch; grocery, merchandise and garbage bags; fluted plastic sheets; foams; and more. Inteplast focuses on innovation and technological practices in order to be the largest plant of its kind.
Another major area employer is Dow Chemical and its Seadrift Operations' manufacturing facility is located on 4,700 acres in North Seadrift. The plant focuses on basic and performance plastics and chemicals such as plastics for wire and cable, tubing, automotive parts, oxide derivatives for health and beauty products, along with others.
The largest integrated producer of polymers and fibers also has a presence in Victoria; Invista Inc., focuses on nylon, spandex and polyester applications. Koch Industries, a subsidiary of Invista Inc., sponsors a 50-acre wetland which serves as an educational science center for children in upper elementary levels through college, and returns 3.2 million gallons of water per day to the Guadalupe River.
Berry Plastics Corporation, originally Imperial Plastics dating from 1967, works to grow into one of the largest manufacturers of injection-molded plastic packaging, thermoformed products, flexible films and tapes and coatings. Its plastics division is located in Victoria.
Article Comments