Brazos County Commissioners Receive Annual Economic Development Agreement Compliance Reports

Screen shot from a document provided by the Brazos Valley Economic Development Corporation.
Screen shot from a document provided by the Brazos Valley Economic Development Corporation.

Six local employers with economic development agreements combined last year to make more than $400 million dollars in investments and employed more than 1,300 with a combined payroll of more than $98 million dollars.

Those were among the figures in the annual report to Brazos County commissioners from the Brazos Valley economic development corporation (BVEDC).

BVEDC executive vice president Charles Martinez said at FUJIFILM Diosynth Biotechnologies (FDB), employment grew from 257 in 2019 to 518 last year. FDB’s payroll rose from almost $21 million to more than $40 million dollars.

More employees and payroll in 2020 compared with 2019 were also reported at Viasat, Advanta Seed’s research and development center and Lubrizol.

The number of jobs at Wayfair fell by 87 while their payroll rose by $700,000 dollars.

And at Axis Pipe and Tube, employment fell for the second straight year and last year’s payroll dropped last year by more than $3.5 million dollars.

BVEDC officials are scheduled to present the same report during Tuesday’s Bryan city council meeting, and will make a similar presentation to the College Station city council.

Click HERE to read and download the BVEDC presentation from the June 1, 2021 Brazos County commission meeting.

Click below to hear the presentation from the BVEDC’s Charles Martinez during the June 1, 2021 Brazos County commission meeting.

Listen to “Brazos County commissioners receive the 2020 economic development incentive compliance report from the Brazos Valley EDC” on Spreaker.

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