Texas Triangle Park receives foreign trade zone status

KYLE 28
Thursday, September 19, 2013 - 6:10pm

It may just look like an empty field of trees now but in a matter of time this 1,100 acre plot of land, nestled off Highway 6 in Bryan, will soon be a bustling industrial park.

"It's just a very exciting time for Bryan, Brazos County, College Station and our whole area," said Kevin Russell with the city of Bryan. "I think everyone will reap the benefits of the Triangle Park."

Since last year two major multi-million dollar, international companies; Gunlar and Axis Pipe and Tube, have already broken ground out at the Texas Triangle Park choosing Bryan over a number of other places to locate.

"We're in what I would call the sweet spot of Texas," Russell said. "We're in the triangle. Our area is within three hours of millions and millions of people with easy access to everywhere."

But now prospective businesses will have yet another reason to locate here since the Texas Triangle Park is a newly designated foreign trade zone.

Bob Farley with the Research Valley Partnership says, "It gives you customs service right on that geographic site so it's just like being located in a customs facility and it also cuts a lot of costs associated with duties, tariffs that you would normally have to pay if you weren't in a foreign trade zone."

A designation that will help attract even more companies to the area.

"This makes us really on the same par with an international destination in anywhere in Texas," said Farley. "We were kind of the hole-in-the-middle so to speak but now we have the same capabilities [as Houston] to serve our clients."

And when more companies build in Bryan that means more jobs for our residents and even more money for our local economy.

 

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