News

07.16
2013

Costco targets Katy for new location

Tagged in: community, Economy

Grocery juggernaut Costco has its sights set on opening a Katy area store at the southwest intersection of Grand Parkway and I-10. The Houston City Council will vote at its meeting next week on granting the store $1 million in tax rebates as an incentive for it to build within Houston's extraterritorial jurisdiction.

City of Houston council member Stephen Costello said Costco was deciding between the Grand Parkway/I-10 location and a spot near Katy Mills Mall. The tax abatement was scheduled to receive a vote at today's city council meeting, but was tabled by a council member and READ MORE »

06.25
2013

Newpark Drilling Fluids opens new world headquarters in Katy

Tagged in: Business, Economy, Katy

Newpark Drilling Fluids opened its new world headquarters at 21920 Merchants Way, off Mason Road near I-10, on June 17.

Newpark Drilling Fluids, a subsidiary of Newpark Resources, broke ground in March 2012 and features a 37,000 research laboratory with a state-of-the-art downhole drilling simulator and analytical capabilities.

The 106,000-square-foot center is located on 12 acres and will hold the laboratory and technical staff under the same roof alongside management, administrative, engineering, operations, sales and marketing groups. Since the company’s formation in 1997, READ MORE »

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