PASADENA WINS 2013 COMMUNITY ECONOMIC DEVELOPMENT AWARD
Pasadena has received the annual
Community Economic Development Award (CEDA) for 2013, awarded by the
Texas Economic Development Council (TEDC). This award recognizes
excellence and the exceptional contributions of TEDC member cities
toward the economic vitality of their communities and the State of
The city was selected from a pool of 39
applicants; nominees were then judged on five criteria: innovativeness,
transferability, community commitment and leverage, measureable
objectives, and ancillary benefits to the community.
Pasadena is being recognized for
attracting Silver Eagle Distributors, the nation's largest
Anheuser-Busch distributor and one of the largest Grupo Modelo
distributors in the country. The company is building a $25 million
project on nearly 50-acres at the Beltway at SH225.
See the complete story here.
PASADENA PICKED FOR "CITY OF THE FUTURE" TOP SPOTS
Pasadena has been named one of the Top 10 “Cities of the Future”
by fDi Magazine from the Financial Times. This year, Pasadena again
earned recognition in the Infrastructure category but, for the first
time, also placed fourth in the overall Small City category.
“We are honored to have Pasadena recognized as one of the
leading cities of the future,” Mayor Johnny Isbell said. “Our city is
committed to embracing business development and improving the quality of
life for our residents.”
Pasadena was judged against 422 cities across North and South
America from data collected by fDi Magazine. The city was in the Small
Cities category, which includes cities with a population base between
100,000 - 350,000. Pasadena was the only Texas city to place in the top
ten in any category and, in the overall category for Small Cities, was
one of only five cities honored in the United States.
PRINCESS AND NORWEGIAN LINES PICK BAYPORT CRUISE TERMINAL
The Port of Houston Authority is
partnering with two separate cruise lines, Princess Cruises and
Norwegian Cruise Lines, to offer new service from the Bayport Cruise
Princess Cruises will make passenger
cruise calls during the 2013-2014 cruise season, while Norwegian
Cruise Lines has committed to begin service in 2014.
“We are ecstatic that these two premier
cruise lines have chosen to sail from our state-of-the-art cruise
facility at Bayport in Pasadena, Texas,” said Jim Edmonds, chairman of
the Port Commission of the Port of Houston Authority. “Securing this
cruise business helps fulfill our commitment by building the cruise
terminal to spur job creation and economic development for the entire
greater Houston and Pasadena region.”
The Port Commission authorized entering
into agreements with both lines after meeting in executive session
during a regular meeting today. Discussions with the companies have
been under way for some time.
AGRIFOS LLC/RENTECH NITROGEN PARTNERS, LP
Rentech Nitrogen Partners, L.P. announced
on November 1 that it has entered into a definitive agreement with
Agrifos Holdings Inc. to purchase all of the membership interests of
Agrifos LLC, for an initial purchase price of $158 million. Agrifos owns
and operates a plant in Pasadena, Texas, that produces primarily
ammonium sulfate fertilizer. The initial consideration is to consist of
$138 million of cash, to be provided through an amended credit facility,
and $20 million of common units of Rentech Nitrogen.
Kelsey-Seybold Clinic is building a clinic in Pasadena that will more than double the size of its existing location. The
two-story building at 5049 East Sam Houston Parkway will offer 36,400
square feet of clinical space, Kelsey-Seybold said in an Aug. 13
The clinic will help Kelsey-Seybold
meet increasing demand in the area, Victor Simms, internist and managing
physician at Kelsey-Seybold – Pasadena, said in the statement.
clinic will add specialties — such as orthopedics, endocrinology,
neurology, gastroenterology and cardiology — increase the capacity for
more physicians, expand medical and diagnostic testing, and add an
PinnacleAIS LLC, known as a rising star in oil and gas
technology, is moving forward with plans to build on 18-acres in
Pasadena. The site, bordered by Allen-Genoa, Strawberry and Hernandez
Roads, will be the new home of the company’s state-of-the-art,
eco-friendly corporate campus. Construction will break ground soon on
the initial building, 9,000 SF of class A space, with completion
anticipated in 2010. The company is a leading provider of services and
technology specializing in improved asset integrity for the petroleum
and chemical processing industries. The company currently employs 60 and
plans to hire 30 to 40 more employees next year.
NA Industries, based in Chattanooga, TN, and a wholly owned
subsidiary of Nippon Shokubai Co. LTD, headquartered in Osaka, Japan,
will build a new $100 million plant to produce superabsorbent polymers.
The product, also known as SAP, is used in diapers, surgical pads, and
wound dressings. Location of the new facility will be next to American
Acryl at 4923 Bayport Road (Old Hwy 146) on a 10-acre site in Pasadena’s
Industrial District. It’s expected to be in operation by June 2012 and
will have a production capacity of 60,000 metric tons per year. Sixty
full-time jobs will be created.
Portagas has purchased a 38,000 SF facility at 1202 Beltway 8
in Pasadena for its new corporate office. The building has a large
office area, clean room and manufacturing/warehouse area. Portagas is
in the business of packaging calibration gases; its products are
internationally marketed to an extensive list of customers including
petrochemical plants and environmental companies. Plans are to bring 20
employees to the new location and then hire approximately 10 more in
the first year.
Kaneka Corporation is looking to expand its solar power
manufacturing operations as well as ramping up Kaneka Nutrient's
Ubiquinol manufacturing. Kaneka Texas has installed a solar power test
panel at its Pasadena industrial district site. Once up and generating
power, the company would like to test the waters for commercial
interest in the U.S. The panels are currently made in Japan. Another
aspect of expansion plans involves the manufacturing of Ubiquinol, the
active antioxidant form of CoQ10. Kaneka Nutrients is the only
U.S.-based CoQ10 manufacturing facility and produces using a proprietary
yeast-fermentation process. For over 30 years, Kaneka has produced the
highest-quality CoQ10 in the world, and with the introduction of
Ubiquinol, it furthers its position as category leader and for future
A former plastics manufacturing facility in Pasadena’s
industrial district has become available for a new owner. The 150-acre
property is located at 9802 Fairmont Parkway; it has 7,000 lineal feet
of rail, 45,000 SF of buildings and extensive infrastructure. The site
is accessed by Underwood Road and served by the Union Pacific railroad.
The Bayport Industrial District is home to over 70 chemical and
plastic manufacturing firms from around the globe. The district offers
an extensive feedstock pipeline network and tax abatements and
incentives for qualified new development and investment.
The Aspen Institute has named Pasadena's San Jacinto College
one of the top community colleges in the country, and a finalist for the
Aspen Prize for Community College Excellence.
The college will now have an opportunity to compete for the $1 million
fund for the 2013 Aspen Prize for Community College Excellence.