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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 />The project is slated for 4 <br />acres. Heat treating for <br />the tubular pipe used in <br />OCTG - the oil and gas markets. <br />Manf SH 100 50 WIN 8/29/2014 <br />Project David Financing: SBA 504 <br />funding from Capital <br />CDC. Funding should be <br />within 60 days. <br />Pipeline & Storage <br />company, supported by a <br />30 - year service <br />agreement. Enterprise <br />Products Partner wants <br />to export ethane. The <br />facility is expected to <br />begin operation in the <br />3rd qtr of 2016. They <br />Enterprise also plan to construct a <br />Products - Logistics M 30 1300 WIN 6/12/2014 pipeline from its Mont <br />Project Map Belvieu natural gas <br />liquids fractionation and <br />storage complex. <br />Enterprise signed a long- <br />term agreement with the <br />Port of Houston Authority <br />for use of its facilities <br />adjacent to its existing <br />terminal at Morgan's <br />Point. <br />The manufacturing <br />company in Rochester, <br />New York. The company <br />develops and <br />manufactures <br />performance-leading <br />insulation products <br />currently used in thermal <br />packaging systems for <br />the transportation of <br />Project Heart Manf PL 100 Lead 4/16/2014 <br />valuable biomedical, <br />pharmaceutical, medical <br />device and clinical trial <br />and diagnostic industries. <br />I advised the company of <br />a conference & expos, <br />Medical World Americas <br />Conference in Houston. <br />The 50/50 joint venture <br />Ienos Olefins <br />will produce 470 kilotons <br />& Polymers <br />per annum of bimodal <br />USA / Sasol <br />HDPE (high density <br />Chemicals <br />PetroChem LP 30 400 WIN 6/9/2014 polyethylene) use <br />No America - <br />Innovene S process <br />Project <br />technology. The plant <br />Nebula/Carl <br />start-up is expected in <br />(GHP) <br />2016. <br />Presented by: Economic Alliance Houston Port Region Page 8 of 22 <br /> <br />
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