A recent analysis by the Texas Comptroller of Public Accounts found that the Port of Brownsville contributed $22.7 billion to the state’s economy, up 116% compared to 2003.
Acting Texas Comptroller Kelly Hancock met with Port of Brownsville leaders on Wednesday for a tour and discussion about future investment to keep the port growing.
Photo Credit | Kristen Mosbrucker-Garza
“South Texas is primed for the future that’s coming for the port with the deepening of the port, the dredging, and additional opportunities such as the LNG facility,” Hancock said. “We look forward to continuing the conversation. It’s a major economic engine not just for the region but the state.”
The Port of Brownsville is undergoing a 17-mile dredging project to enable massive vessels, such as LNG tankers, to visit customers and has reconstructed one of its cargo docks, funded in part by a state grant.
Continue Reading
- Unlimited news articles
- Full access to all exclusive content
This article is available to subscribers only. Sign up to continue reading.
Kristen Mosbrucker-Garza
Reporter
Kristen Mosbrucker-Garza is a versatile multimedia news reporter who lives and works along the Texas-Mexico border in Hidalgo County. Mosbrucker-Garza is a news reporter for the Rio Grande Valley Business Journal. During her career she's worked for the McAllen Monitor, San Antonio Business Journal, The Advocate Newspaper in Louisiana, Phoenix New Times, and public media outlets in Baltimore and Philadelphia.
Trending News
- Cameron County set to acquire B&M Bridge, adding fourth international crossing to its network
- Rhodes Enterprises goes all-in with a $100 million bet on South Texas renters
- Breaking: Mission businessman, Hidalgo County appraisal board member killed
- McAllen sets sights on regional tourism with $230 million Boeye Reservoir development
- Mission ambulance company faces third bankruptcy, vows no disruption in services
Get the latest business news delivered to your inbox every morning for free.
Stories That Matter
- Breaking: Coast Guard awards South Padre Island its largest single construction project in its 235-year history
- South Texas Health System opens neurological ICU in McAllen after $12M renovation
- Texas National Bank acquiring Citizens State in Starr County
- UTRGV football debut energizes Valley, fuels estimated $14.5M economic boost
- Reynosa, Matamoros drive Tamaulipas workforce past 1.7 million
- The story behind the Rio Grande Valley Business Journal
- Tim Hortons adds 5th Reynosa store in 2 years
- Walmart returns to Reynosa a decade after fire shut its only store
- A rail shortcut from Monterrey to Florida is now connected to Brownsville, linking the RGV to global supply chains
- Edinburg hopes growth, collegiate football will spur entertainment industry boom
