Retention/Expansion

Total Number of New Prospect Files Opened in 2009: 3
Current Active Prospects: 13
Potential Capital Investment from Prospects: 34 mil.
Potential New Jobs from Prospects: 483
Local Company Visits by Staff in 2009: 45
Expected Number of Annual Visits: 150
Business Recognition Luncheons in 2009: 0
Company Assistance Provided in 2009: 5

For more information contact: Joe Cisneros

Attraction/Recruitment

Total Number of New Prospect Files in 2009: 8
Current Active Prospects in 2009: 42
Potential Capital Investment from Prospects: $1.138 bil.
Potential Jobs from Prospects: 1,168
CCREDC-Hosted Prospect Visits in 2009: 7
Companies Making Multiple Visits in 2009: 3
Visits to Prospect Sites/Headquarters (YTD): 2


For more information contact: J.J. Johnston


Fitch Ratings assigns an 'A+' rating to Corpus Christi, Texas'
Fitch Ratings assigns an 'A+' rating to Corpus Christi, Texas' (the city) $96.2 million utility system
revenue improvement bonds, series 2009. The bonds are scheduled to
sell as early as the week of March 2. The bonds are secured by the net
revenues of the city's combined utility system (the utility). Fitch
also downgrades the city's outstanding parity debt, totaling $357.1
million, to 'A+' from 'AA-'. The Rating Outlook is Stable.
Click here to read more.


MOMENTUM BUILDS FOR ENTERPRISE ZONE LEGISLATION
AUSTIN-- Rep. Solomon Ortiz, Jr. announced today that House Technology, Economic Development & Workforce Committee Chairman Mark Strama (D-Austin), Rep. Fred Brown (R-Bryan), and Rep. Angie Chen Button (R-Richardson) have become joint authors of HB 271, Ortiz's legislation to expand the number of slots available to cities and counties under the Texas Enterprise Zone Act.
Click here to read more.


WWO9 ELEVATES COMPETITION
The dates for the 2009 United States Wind & Water Open (WW09) have been set, and not only has the event expanded in length, it's expanded in stature. This year's event will be headlined by the 2009 US Kiteboarding National Championships. The championships, which will be hosted by the Corpus Christi Yacht Club, will take place Tuesday, May 5th through Saturday, May 9th. Click here to read more.


Careers That Can Fight Recession
The economic news certainly looks grim, but there are strong sectors in the economy that will continue to hire through the end of the decade. Some professions that require advanced or post-graduate degrees will rise, but perhaps the best news of all amidst the gloom is that many career openings will require candidates to hold only a two-year college degree. Click here to read more.


Sikorsky expanding its Chase Field operations
While many large corporations around the world are eliminating jobs in the face of a global recession, executives at Sikorsky Aerospace Maintenance are looking at expanding.

Company Vice President and General Manager George Springsteen said last week that the firm hopes to expand its projected revenue to $700 million by 2012.
Click here to read more.


New CCREDC Investors and Investor Renewals

The CCREDC wants to thank the following for either renewing their investment or joining the CCREDC:

L.K. Jordan                                     Texas State Aquarium Assoc.
San Jacinto Title Services                AEP Texas
Navy Army Federal Credit Union       Gentry Company
Port of Corpus Christi                      Corpus Christi Association of Realtors
City of Taft                                      Swantner & Gordon
Borden Insurance                            Business Interiors of Texas
Rock Engineering                            American Bank Center SMG
Bee Development                            Refugio County Community
Richter Architects

 




Click here to read more.