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Houston in the News

What are major media outlets saying about Houston? The conversation about H-Town has evolved in recent years as awareness of the city's tremendous quality of life, emerging tech and innovation scene and other attributes has grown. The Partnership is working to expand the conversation around these key attributes that will help advance the region's economic growth. Read some of the recent stories about the nation's most diverse major city and the Partnership's efforts to steer its prosperity.

Honeywell moves Performance Materials and Technologies HQ to Houston

Honeywell International Inc. (Nasdaq: HON) moved its Performance Materials and Technologies business division to Houston, the firm announced Aug. 11.

Houston for tourists? If you think that's a joke, the joke's on you

Have you ever been somewhere that was simply enjoyable? Good food, memorable attractions, a culture different from your own, and people who generally seemed happy to be living there?

Not just oil and gas: Houston’s reputation for tech is growing

Houston is often pigeonholed as a city that only specializes in energy and healthcare. Yet that perception doesn’t necessarily reflect reality, as the city also has the 11th-largest tech workforce in the U.S., employed across a variety of different sectors.

Houston is winning the competition to establish tech hubs in Texas

HPE’s decampment to Houston offers a vivid snapshot of a new tech frontier where the energy industry, three major local universities, the world’s largest medical center, the mayor’s office, and the local tech ecosystem are working hand-in-hand to accelerate research in medicine, climate change and cloud computing.

Houston is uniquely equipped to lead: GHP lays out plan for energy transition

The good news, as the Greater Houston Partnership puts it, is the region could gain 560,000. But that all hinges on how the city and country move forward.

Report: How Houston could gain, lose jobs in a clean energy transition

As the "energy capital of the world," Houston's overall employment is significantly impacted by the energy industry. New research is shedding light on how Houston's economy could be impacted if the city doesn't lean into an energy transition to become the energy capital of the future.

Houston again recognized as a top major city of the future

A new study from the fDi Intelligence division of the Financial Times places Houston at No. 7 among the top major cities of the future for 2021-22 across North, South, and Central America. Among major cities in the Americas, Houston appears at No. 3 for business friendliness and No. 4 for connectivity.

Dear Austinites, you have permission to move to an affordable, weird city: Houston

You want live music? How about the world-class Houston Grand Opera, the symphony at Jones Hall, and Opera in the Heights? And if you’d prefer something more familiar to Austin sensibilities—a schlubby guy doing Oasis covers on his acoustic guitar, for example—may I suggest Hopdoddy Burger Bar in Rice Village? Moreover, Houston can claim genres of music almost totally lacking in Austin—think DJ Screw, or Paul Wall and the Southern rap spawned by Swisha House. Also, Beyoncé. 

NRG Energy relocating headquarters to Houston

Texas is already home to the company’s largest employee and customer bases. With the acquisition of Direct Energy, which closed in January, NRG Energy decided it was time to simplify the company’s headquarters status. The company currently has more than 3,000 employees in the greater Houston region.

The City of the Future: Walkable, mid-sized and built for flexible work

Houston is using their assets and sharing that expertise to attract more development. The secondary intent is to become less of a high-traffic metro and more walkable by connecting this development to downtown.

HPE CEO happy to return home to Houston and support the city's growing tech sector

Neri said adding the Houston office will give HPE the best of both worlds: A long-term thought leadership location in Silicon Valley and a second location that is more affordable for employees while still providing the company with plenty of experienced employees.

fDi’s Global Cities of the Future 2021/22 — overall winners

Houston came in at No. 19 on 2021/22 fDi list, which ranks major global cities based on foreign direct investment. That’s up from No. 24 when the ranking was published in 2018/19. Houston was only one of two U.S. cities among the top 20 on the latest list, with New York ranking seventh. 

Axiom Space to set up headquarters at Houston Spaceport

Axiom Space plans to build a 14-acre headquarters campus at the Houston Spaceport, Houston Airports announced Dec. 22. Houston Spaceport, an $18.8 million project, completed construction in December. Axiom Space’s campus will train private astronauts and begin production of its Axiom Station.

The New Houston: Oil is no longer to reign as absolute monarch

Houston's economic base, demographics, and attitudes are changing. While oil and money were the prizes Houstonians eyed, they now value things like parks, walkability, and livability.

As Texas attracts more corporate relocations and expansions, Houston quietly continues to ink deals

Houston is seeing its own gains in corporate relocations and expansions. Site Selection Magazine named Houston as second in the U.S. for the number of corporate facility deals in 2019 (276), ranked only behind Chicago (416 corporate deals).

Related News

Digital Technology

New Generation of Startups Aim to Fuel Resurgence of Advanced Manufacturing in Houston

5/13/22
An autonomous rover dubbed the “layout Roomba” that marks architectural and engineering designs directly onto unfinished concrete floors is one of many examples of the innovation happening in Houston’s advanced manufacturing sector. The city boasts a thriving tech ecosystem and is considered a global manufacturing powerhouse due to its central geographic location, unparalleled infrastructure and talented workforce.  Funding is now flowing into Houston to help drive the next wave of manufacturing innovation. According to the Partnership’s 2022 Houston Tech Report, more than 900 investors have funded over 1,500 venture capital transactions in the Houston region over the last five years. Data shows that 8.6% of all VC deals are funding manufacturing projects with another 8.7% funding AI and machine learning ventures.  “I think Houston is a great place to start a company. It hosts a diverse pool of exceptional talent, a reasonable cost of living and a welcoming start-up community,” said Derrick Morse, CEO and founder of Rugged Robotics. “Houston is also home to a number of innovative companies that solve really hard and really important problems.”  Rugged Robotics, a Houston startup company founded in 2018, hopes to revolutionize the construction industry by tackling the challenge of field layout by using its small robot to create a more detailed, more accurate and faster way of doing the work. Traditionally, a construction worker must do the marking manually using tape measures, chalk lines and surveying equipment. Morse, a construction industry veteran, said he saw a need to solve a pain point in the construction industry. “By focusing on the problem, and by developing a practical solution, we’ve unlocked a very exciting opportunity” Morse said. Rugged Robotics is operating out of the East End Maker Hub, a makerspace and manufacturing center in Houston’s East End. Morse said it was a no-brainer to choose the incubator as they started growing. “The East End Maker Hub was initially attractive for two reasons,” Morse said.  “First, access to the machine tools and rapid prototyping equipment we were familiar with at TXRX, and second, flexibility.” He added that the flexibility of the leases allows the company to move into bigger spaces as they evolve. Next month will mark a year since the $38 million innovation hub opened. Urban Partnerships Community Development Corporation says the facility is 95% occupied with 49 tenants from candle making to biotech/manufacturing, a sign of a successful first year. The East End Maker Hub aims to create 1,000 new companies over the next five years to boost Houston’s advanced manufacturing jobs. Houston has one of the largest manufacturing workforces in the country with more than 213,100 workers, but it declined by 8.6% between 2015 and 2020, according to the Partnership’s analysis. “We've retained or created over 330 jobs thus far and aim for 500 in the coming years. We're a model for how to use public funding to jump start development to support the entrepreneurial ecosystem,” said Natasha Azizi, Executive Director of UP CDC and East End Maker Hub. The East End Maker Hub is part of several landmark projects to position Houston as a national leader in tech innovation.  According to the Houston Tech Report, venture capital investments have grown  from $423 million in 2017 to $2.02 billion in 2021, a near five-fold increase and an unprecedented 47.4% growth rate per year. Click to expand Rugged Robotics team Rugged Robotics recently raised $9.4 million in Series A funding to help the company hire more people, expand its products and more. “We’ve built an amazing foundation, and I’m excited by the road ahead.  Our team is truly inspiring.  I can’t wait to see what we’re capable of,” Morse said. Learn more about Houston's advanced manufacturing sector and innovation ecosystem.   
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Economic Development

Now is the Time to Hire Houston Youth

5/12/22
With summer comes a valuable opportunity for employers to tap into up-and-coming talent to accomplish real, meaningful work while investing into the workforce Houston will need to ensure it retains its competitive 21st-century economy: The paid internship.  Meaningful internships can empower an entire generation while building toward a more prosperous future by giving students and young adults an opportunity to ‘window-shop’ for careers in a variety of industries and settings and recognize career pathways, to learn workforce behaviors, and understand how their coursework applies in a business setting.  Since 2016, the City of Houston has helped employers access a diverse spectrum of more than 26,000 young, talented Houstonians aged 16 through 24 through its Hire Houston Youth program. The program has also facilitated job readiness training for over 35,000 youth and adults. This summer, the City is asking employers to provide 16,000 summer internship, job, and apprenticeship opportunities. Program details: Internships should last at least eight weeks (June 13 and Aug. 5, 2022) Internships should pay at least $10 per hour; the average pay in 2021 was $15 per hour Employers without openings can sponsor an intern or register and join the Hire Houston Youth community Additionally, the City is hosting a job and resource fair on June 11, 2022, at Houston’s George R. Brown Convention Center. The fair is open to employers from across the entire region and jobseekers of all ages.   See more details and add your openings for the Hire Houston Youth program here. Register for the June 11 job and resource fair here.
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