Recent Articles

CommunityBank of Texas goes public

CBTX Inc. (“CBTX”), the bank holding company for CommunityBank of Texas N.A., announced Sunday, Nov. 10, that it has completed the initial public offering of 2,400,000 shares of its common stock at a price of $26 per share. CBTX’s common stock began trading on the NASDAQ Global Select Market on Nov. 8 under the trading symbol “CBTX”. Nov. 8, the underwriters exercised in full their option to purchase an additional 360,000 shares of CBTX’s common stock at the public offering price less the underwriting discount.

Connection between Parkdale and Old Dowlen Road opens

The new section of Northwest Parkway connecting Old Dowlen Road to the Parkdale Mall Loop opened Nov. 21, beginning at 8 a.m., City of Beaumont roadway designer Chace Mann said in a release.

“The remaining section of Northwest Parkway from Old Dowlen Road to Major Drive is still under construction and will remain closed until construction is complete,” Mann said.

City officials said that schedules for construction, maintenance, and repairs are all subject to change, including extensions and delays due to weather or other factors.

County judge says deepening waterway could save billions following next disaster

Hurricane Harvey heavily impacted Southeast Texas and, according to information from the Sabine-Neches Navigation District, the storm’s influence reached well beyond the area, effectively costing consumers in the United States an estimated $4.3 billion in increased prices at the gas pump.

Steward Health Care Network president talks about how hospital system will benefit Southeast Texas following IASIS merger

Steward Health Care System LLC completed a merger with IASIS Healthcare LLC in September. As the sole operator of the newly merged company, Steward will oversee 36 individual hospitals across 10 states, including the Medical Center of Southeast Texas in Port Arthur and its Victory branch in Beaumont. Early estimates of the company’s performance after the merger indicate that Steward could reach revenues of almost $8 billion in 2018.The Business Journal had an opportunity to interview Dr.

Grant recipients get more than $1 million from Golden Pass Hurricane Harvey Recovery Fund

The Foundation for Southeast Texas announced the recipients of the first round of grants from the Golden Pass Hurricane Harvey Recovery Fund at the South East Texas Regional Planning Commission on Tuesday, Dec. 5. The fund will provide $1,164,035 to 10 local projects to support hurricane relief and mitigation efforts in the region.

Valero Port Arthur Refinery presents $600K to local children’s charities

Local children’s charities recently received a total of $600,000 from employees of the Valero Port Arthur Refinery who helped raise the funds through the Valero Energy Foundation and the company’s sponsorship of the 2017 Valero Texas Open and Benefit for Children in San Antonio.

Southeast Texas business built on ‘shop here first’

Gladys Wojcik loves her business, loves her community and sees the fortunes of the two as deeply intertwined.

Wojcik has been a local business owner since 1980. After graduating from McNeese State University with a bachelor’s degree in business administration, Wojcik opened Kitchens Unlimited. She then married her late husband, owner of Nederland Jewelers, in 1990.

Meet the new general manager for Valero Port Arthur Refinery

Mark Skobel’s transition into his new position as vice president/GM at Valero Port Arthur Refinery was not an easy one. The native of western Pennsylvania took over for Greg Gentry, who was promoted to a position at Valero’s corporate office in San Antonio, right before the costliest tropical cyclone on record hit the area and cut off about 24 percent of oil production in the Gulf of Mexico.

“I came here a week before the storm,” Skobel said. “Actually, it wasn’t even quite a week.”

Credit union gives to Harvey relief groups

Tuesday, Dec. 5, Mobiloil Credit Union announced donations totaling over $61,700 to several organizations that have helped Hurricane Harvey victims both during and after the storm.

“Many groups made heroic contributions in the form of volunteers, time, resources and more to assist the citizens of our eight area counties,” the credit union said in a release. “Mobiloil Credit Union is committed to Southeast Texas and the ‘Investing in You’ spirit. It is through this commitment (that) we give back to the following organizations”:

Big portions, flavors have kept one-of-a kind steakhouse a popular destination for 20 years

Big portions and even bigger flavors have kept Cattle Company a relevant restaurant in Beaumont for the past 20 years.

Mouth-watering sirloins, homemade meatloaf and chopped steak from Mom’s Corner, a variety of hearty sides and big buttery rolls have kept customers coming back again and again.

Although many confuse the steakhouse for a chain restaurant, it is actually the only Cattle Company in existence and is an East Texas original owned by Nacogdoches-based company Great Texas Foods, also known for its popular Café del Rio Mexican restaurants in Beaumont and Lufkin.