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03-09-15 Meeting of the La Porte Development Corporation Board of Directors
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03-09-15 Meeting of the La Porte Development Corporation Board of Directors
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3/9/2015 8:57:55 AM
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La Porte TX
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Agenda PACKETS
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3/9/2015
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Economic Development Services Report to City of La Porte <br />2014 - 2015 Services <br /> <br />Level: <br />Number Capital Lead/ <br />Project Target Date Last <br />Location of Est. Investment Prospect/ Comments <br />Name Industry Updated <br />Jobs ($1mm) Win/ <br />Dead <br />Power Blending plant. <br />The market is the <br />Houston Port Region & <br />Project Freeport area. They <br />Manf 20 Prospect 8/11/2014 <br />Charlotte have a customer in <br />Houston which is <br />drawing them here. Rail <br />to the site is an option. <br />Distribution Center is <br />Project <br />Logistics C 65 $18 Prospect 7/27/2014 <br />seeking 100,000 sq. ft. <br />Gilbert <br />building in Channelview. <br />Getting an update at the <br />Board meeting. They <br />want to put an education <br />Project Egret Office SB 25 $10 Lead 6/30/2014 and activities center in <br />the region, about 10 <br />acres. Called Seabrook <br />EDC for an update. <br />Expansion of terminal <br />storage, 10 new tanks, <br />Project Pine Logistics P 10 Prospect 8/29/2014 they have 9 storage tank <br />started. Construction <br />through by 4th quarter. <br />Expansion plans & dock <br />space. Administration <br />Project <br />Logistics P 10 Prospect 8/29/2014 Building to be finished by <br />Loblolly <br />4th qtr. They are looking <br />for land to expand more. <br />They acquired the land, <br />30 acres and 1 acre. <br />Project Mark Manuf P 50 $5 Prospect 8/21/2014 <br />The deal is putting the <br />deal together. <br />The company, along with <br />other firms, is creating a <br />firm that meets the gaps <br />for inventory of <br />Project Ring Manuf Lead 8/23/2014 emergency projects. <br />They may need a <br />warehouse to store the <br />products. Dock space <br />needed. <br />Polyethylene <br />manufacturing. Schedule <br />to be complete in the <br />summer. One of three <br />projects being <br />undertaken by the <br />company. The growth is <br />Project expected increase <br />PetroChem LP 30 $300 Prospect 8/23/2014 <br />Harvey annual ethylene capacity <br />by an estimated 1.85 <br />billion pounds, for a total <br />estimated capacity of <br />11.8 billion pounds in <br />North America. <br />Construction is set to <br />finish early next year. <br />Presented by: Economic Alliance Houston Port Region Page 6 of 22 <br /> <br />
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