EA: 31 projects in the works in the Houston Port Region, worth more than $7.6B
Wednesday, January 29, 2020
The Economic Alliance, Houston Port Region's current project pipeline includes 31 projects whose combined capital investment totaled $7.6 billion, reported Regina Lindsey, vice president of economic development, for the organization.
Taken together, these projects are responsible for the creation of 3,169 jobs both inside and outside the fence. Of the 31 projects, there were a total of five project wins and one assist.
One of the five projects includes Next Wave Energy's expansion. In 2020, Pasadena will welcome Next Wave Energy to the region, she commented.
Located on a 53-acre site in Pasadena's industrial district and adjacent to the Houston Ship Channel, the facility will focus on converting ethylene to alkylate, a gasoline blending component that is one of the cleanest petroleum products currently used, stated Lindsey.