This largely rural community provides a variety of industrial, commercial and retail opportunities. The McGregor Industrial Park covers over 9,600 acres of developable land and is the site of the former Navy Weapons Industrial Reserve Plant. It was transferred to the city as the result of congressional action beginning in 1974. This process was completed in 2006, when the City received a Ready for Reuse Determination from the Texas Commission on Environmental Quality and the U.S. Environmental Protection Agency. SpaceX and Ferguson are the anchor tenants in the McGregor Industrial Park.