Advocate editorial board opinion: Planning for second business park good move
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MEETING TO CONSIDER PARK 2
Who: Victoria Sales Tax Development Corporation
Where: City council chambers, 107 W. Juan Linn St.
When: 4 p.m., Wednesday
With the advent of Caterpillar Inc. in Victoria, the Lone Tree Industrial Park will eventually fill with its hydraulic excavator manufacturing plant, but we see the city, Victoria Economic Development Corp. and the Victoria Sales Tax Development Corporation have left no stone unturned.
We praise all involved for planning ahead. That good planning involves transferring $250,000 from the general fund and $250,000 from the wastewater fund to the sales tax corporation. In turn, the sales tax corporation will add at least $1 million of its money to buy additional land that will complement Lone Tree Business Center.
According to Lewis Neitsch, who is president of the sales tax board, about 100 acres are being considered for another business park near where Caterpillar is building.
This additional land would be available for companies that make integral parts that Caterpillar would use in its manufacturing plant.
Neitsch verified that some businesses that make such parts have expressed an interest in such a park. Making it even more attractive to business is the existing infrastructure that was built for the Lone Tree Business Center.
We are happy to see the potential blossoming of manufacturing in Victoria. Caterpillar expects to employ about 500 workers. With complementary businesses that job count is sure to go up even more.
Again, we are happy about the prospects from this latest venture. And we look forward to welcoming new manufacturers to Victoria.
This editorial reflects the views of the Victoria Advocate's editorial board.