News Archive
Resin Exports Help Port Houston as Imports Fall
September 25, 2023 - Loaded exports are helping to support overall volumes at Port Houston’s container terminals as loaded import volumes fall compared to record levels in 2022.Export volumes at Port Houston have increased by 10% year-to-date, driven primarily by resin exports. Port Houston is the top gateway for resin exports...
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ExxonMobil invests $2 billion in Baytown chem plant
September 19, 2023 - ExxonMobil announced Tuesday the startup of two new chemical production units at its Baytown manufacturing facility. The $2 billion expansion is part of ExxonMobil’s long-term growth plans to deliver higher-value products from its U.S. Gulf Coast refining and chemical facilities. “With startup of these two new...
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SAMSON Controls expansion to double ops
September 14, 2023 - A groundbreaking ceremony was held at SAMSON Controls Sept. 14 for an expansion to double their production capacity. It was both a celebration of achievements and a forecast ahead to the future of their business around the globe.Many in their 124-person full-time staff surrounded SAMSON Controls COO James Evans, CEO...
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Texas Gulf Coast Comprehensive Economic Development Strategy / Liberty & Chambers County Workshop
August 22, 2023 - The Houston-Galveston Area Council, in collaboration with the Gulf Coast Economic Development District, is developing a new Comprehensive Economic Development Strategy.This strategy will: Shape the economic growth and development of our region through the next five years. Focus on supporting the growth and success of small businesses, education and...
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Enterprise Products expands capacity at Mont Belvieu
August 6, 2023 - Enterprise Products Partners L.P. (“Enterprise”) this week announced the start of service at its 12th natural gas liquids (“NGL”) fractionator in Mont Belvieu, adding an incremental 150,000 barrels per day (“BPD”) of capacity. Supported by long-term customer agreements, the new facility increases...
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Lee College opens new Corporate Training Center, aims to help companies train workforce
August 3, 2023 - Lee College — a community college in Baytown — is bolstering its efforts for workforce training with its new 11,000-square-foot Corporate Training Center.The center is a newly renovated building inside the college’s McNair Center, located at 3411 I-10 between Wade Road and John Martin Road. It will...
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Dallas-based developer Provident Realty Advisors enters Houston industrial market with $124M project
July 17, 2023 - Nine months after it announced the establishment of a Houston office, Dallas-based real estate development and investment company Provident Realty Advisors Inc. is getting ready to pour concrete for its first industrial project in the region.Port 99 will be a two-building, 1.28 million-square-foot distribution center on 104 acres between the Grand...
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ExxonMobil Announces Acquisition of Denbury
July 12, 2023 - Exxon Mobil Corporation (NYSE: XOM) today announced it has entered into a definitive agreement to acquire Denbury Inc. (NYSE: DEN), an experienced developer of carbon capture, utilization and storage (CCS) solutions and enhanced oil recovery. The acquisition is an all-stock transaction valued at $4.9 billion, or $89.45 per share based on ExxonMobil...
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The Avera Cos. developing 484K-SF spec distribution center on Grand Parkway in Baytown
June 22, 2023 - Another distribution center is being built in Baytown.Houston-based The Avera Cos. has broken ground on Kilgore Grand Parkway, a 484,424-square-foot cross-dock warehouse building on the corner of Grand Parkway at Kilgore Parkway.The office and industrial real estate developer, with equity partner AEW Capital Management, acquired the roughly 34-acre...
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Mayor talks mall at Rotary Club of Baytown
May 31, 2023 - What about the mall? That was one question Baytown Mayor Brandon Capetillo took time to address at Wednesday’s State of the City address at the Rotary Club of Baytown. Capetillo said one answer to what is happening with the former San Jacinto Mall site was...
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