Laserfiche WebLink
REQUEST FOR LA PORTE DEVELOPMENT CORPORATION AGENDA ITEM <br />Budget <br />Budget <br />Agenda Date Requested: 9December2013 <br />Source of Funds: <br />Source of Funds:4B Board <br />Requested By:Scott D. Livingston <br />Account Number: <br />Account Number: 038 <br />Department: Administration/Economic Development <br />Amount Budgeted: <br />Amount Budgeted: N/A <br />Report: Resolution:Ordinance: <br />Amount Requested: <br />Amount Requested:$15,000 <br />Exhibit:Project Facts and Figures <br />Budgeted Item:YES NO <br />Budgeted Item:YES NO <br />Exhibit: Richard Industrial Group Flyer <br />Exhibit: Public Hearing Notice <br />SUMMARY & RECOMMENDATION <br />The Richard Industrial Group(RIG)(www.rig-rds.com) is a full-service engineering, <br />procurement, and constructionfirm that has completed projects for Chevron Phillips, LLC, <br />Enterprise Product Partners, LP, ExxonMobil, Firestone Polymers, Flint Hills Resources, Hess, <br />Honeywell, INEOS Phenol, Motiva Enterprises, LLC, Panther Companies, Sunoco Logistics, <br />Total, and Valero to name a few. With a reputation for integrity and reliability, the Richard <br />Industrial Group offerssome of the industry’s top talent through a family of four companies that <br />capture synergies and integrateservices across the full spectrum of any project. <br />Baton Rouge <br />The Richard Industrial Group(RIG)currently has offices in , LA, and three <br />(West) HoustonBeaumont,Huffman <br />locations in Texas: ,and . Due tothe investment and <br />growth of the companies in the area surrounding the Houston Ship Channel, RIGwanted to open <br />a new office in the ship channel area.RIG recently signeda3 year lease for 7,500square feet <br />with the first right of refusal on an additional 3,500 square feet of office spaceat 1200 SH 146 in <br />La Porte, Texas.The initial space will house a new engineering office to establish a presence on <br />the ship channel.Over the next 2 years, while the engineering office is working to develop <br />market share in the area, RIG will search for undeveloped land sites in the Bayport Industrial <br />District upon which to construct a permanent, brand new facility in year #3. \[Note: More <br />information is provided about RIG’s future plans beyond year #3 after the Incentive Request at <br />the conclusion of this summary.\] <br />90full-time <br />However, over the next 3 years, RIG plans to relocate and/or hire employees with <br />full (medical, dental, and 401k) benefits: <br />By the Endof 2013RelocatedNew HiresTotal <br />Managers 268 <br />Admin 022 <br />Engineers 156 <br />Designers 5710 <br /> <br />