The Houston region is one of the most important industrial bases in the world and ranks No. 2 in manufacturing GDP in the U.S. Houston is also home to the largest medical complex in the world, the Texas Medical Center, which provides clinical health care, research and education at its 58 institutions.
Houston is the U.S. energy headquarters and a world center for virtually every segment of the oil and gas industry from exploration and production to marketing and technology. While Houston is recognized for its petrochemical industry technology and advancements, non-hydrocarbon-based fuels is a growing sector due in large part to the critical mass of energy talent produced by decades of research and innovation. Houston employs nearly 40,000 oil and gas extraction workers, or roughly 30 percent of the nation’s overall direct energy jobs. The area is home to more than 700 exploration and production companies and 800 oilfield services firms. Energy Data
Houston has more than 1,760 life sciences and biotechnology companies, cutting-edge hospitals, health facilities and research institutions, 17,400 physicians region-wide, and some of the country’s top research facilities. WalletHub named the city the most favorable in the nation for STEM workers. Houston is the birthplace of nanotechnology and ranks as one of the top ten metro areas handling significant research and commercialization. Life Science Data
Of the twenty-five (25) largest employers in the Houston region, fourteen (14) are headquartered in the Houston metro, including: Houston Methodist Hospital System, Memorial Hermann Healthcare System, The University of Texas MD Anderson Cancer Center, HCA, Landry’s, Schlumberger, Shell Oil Company, National Oilwell Varco, UTMB Health, Baylor College of Medicine, Pappas Restaurants, CHI Saint Luke’s, and HP Enterprise.
Additionally, the Houston area ranks fourth in the nation for Fortune 500 headquarters. Twenty companies on the 2017 Fortune 500 list are headquartered in the Houston metro area. Headquarters Data
Houston is home to 6,400 manufacturers who employ more than 240,000 skilled workers and produce $80 billion in goods annually. Houston has one of the largest concentrations of industrial space in the nation and the area has room to meet future demand. In addition, the region offers unparalleled access to sea, rail, truck/road and air transportation support with roughly 40 million consumers within a 300-mile radius. Some of the largest manufacturing operations in the southeast U.S. are here in Houston—from Daikin’s new $417 million air-conditioning plant to Mitsubishi Caterpillar Forklift America which employs more than 800 at its facility in west Houston. Manufacturing Data
Headquarters to NASA's manned space program and the global energy industry, Houston has long been at the leading edge of innovation, particularly at the corporate and institutional levels. The Houston region is home to more 140 high-growth startup tech companies with total venture funding of $1.3 billion. Business accelerators such as Houston Exponential work to facilitate innovation and entrepreneurship in the area. The region’s concentration of STEM workers gives Houston the knowledge base necessary to sustain tech-focused industries.
Houston is home to Johnson Space Center, a $1.5 billion complex housing one of NASA's largest R&D facilities and a source of the nation's best high-tech professionals in science and engineering. Houston's aviation community includes more than 150 companies involved in aircraft or space vehicle manufacturing, space research and technology.
Nasa has developed technologies for space exploration that also have applications in other industries, such as in energy.
Houston is a gateway for trade to Mexico, China and the expanding markets of Latin America. The region also is a transportation hub to the U.S. heartland due to its equidistant location between the U.S. East and West coasts. Houston’s geographic advantages and proximity to major population centers throughout the U.S. Midwest makes it an ideal venue to set up manufacturing and logistics facilities with fewer supply chain costs. Distribution & Logistics Data