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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 />A California company <br />wants to set up <br />Kobelco <br />operations in the <br />Compressors <br />Houston Port Region, a <br />America, Inc. Manf LP 10 2 WIN 7/21/2014 <br />sales office. The <br />- Project <br />company does work for <br />Corona <br />the oil and gas industry, <br />like Chevron. <br />They make portable, <br />blast-proof, buildings and <br />Hunter Bldgs market to the refinery <br />- Project Manf C 85 3 WIN 1/10/2014 and petrochemical <br />Scientist business. International <br />customers. Growing 50 <br />acres next to current site. <br />A chemical firm, epoxy <br />additives and <br />polyurethane additives, is <br />considering this area with <br />highly trained operators. <br />The company is going <br />thru demolition of the site <br />Project Jack PetroChem P 40 $55 Prospect 8/23/2014 & waiting for a survey for <br />a Harris County Tax <br />Abatement. Letter of <br />Support from the <br />Commissioner Morman <br />for the project. <br />Competitors: Los <br />Angeles, CA <br />Firm is expanding into <br />"dry gas" to make <br />Project Dry chemicals. The project is <br />PetroChem DP 10 $700 Prospect 6/30/2014 <br />Gas still looking promising, <br />but no decisions have <br />been finalized yet. <br />A Joint Venture with a <br />local firm to produce a <br />synthetic line, renewable <br />base oils for the <br />lubricants market. Banks <br />are talking to the <br />Project <br />PetroChem DP 50 $120 Prospect 8/29/2014 company. Advising the <br />Falcon <br />firm on different <br />incentives: Texas <br />Enterprise Fund; Chap <br />313; Industrial District; & <br />FTZ. Competing sites <br />would be NC and SC. <br />An existing firm wants to <br />expand it operations to <br />Project Hot <br />PetroChem P 10 $75 Prospect 8/29/2014 three units, ultimately <br />Dogs <br />$90 mm in capital <br />investment in 2014. <br />Presented by: Economic Alliance Houston Port Region Page 7 of 22 <br /> <br />
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