Skip to main content

Mayor Turner, Houston Biz Leaders Ring Bell at NYSE

Published Jul 15, 2019 by A.J. Mistretta

Mayor Sylvester Turner rang the closing bell at the New York Stock Exchange on July 15 on the eve of the 50th anniversary of the Apollo 11 mission launch. Mayor Turner and the Greater Houston Partnership used the anniversary of the historic mission that put the first humans on the moon as an opportunity to recruit business and investment in Houston. 

The recruitment effort kicked off a week-long celebration leading up to anniversary of the lunar landing, which marked a significant milestone for Houston as a leader in technology and innovation. Over two days, Mayor Turner and the delegation of top Houston-area business leaders promoted the city as a premier business destination to companies operating in New York looking to relocate or expand operations. They also met with venture capital firms to encourage investment in growing companies and startups in Houston. 

“Fifty years after the Apollo 11 mission, Houston remains an innovation pioneer, bringing new technologies and know-how to a wide array of industries,” said Mayor Turner. “In recent years we’ve worked to accelerate our efforts to build a strong digital tech innovation ecosystem. Much of the activity is focused on better connecting large corporations with the innovators and technologies developed by startups.”

Greater Houston Partnership President and CEO Bob Harvey said Houston’s favorable business tax structure, smart regulations and strong talent pool make it an attractive destination for companies looking to expand or relocate. “We’re excited to use this unprecedented event as an opportunity to sit down with several major companies and investors to illustrate Houston’s leading position as an innovative city.” 

###

Greater Houston Partnership 
The Greater Houston Partnership works to make Houston one of the best places to live, work and build a business. As the economic development organization for the region, the Partnership champions growth across 11 counties by bringing together business and civic-minded leaders who are dedicated to the area’s long-term success. Representing more than 1,000 member organizations and approximately one-fifth of the region’s workforce, the Partnership is the place companies come together to make an impact. Learn more at Houston.org
 

Related News

Economic Development

Houston's Role in Global Energy Transition a Major Focus of Greater Houston Partnership Annual Meeting

1/23/20
HOUSTON (January 22, 2020) – Greater Houston Partnership 2020 Board Chair Bobby Tudor outlined how the organization will work to ensure Houston plays a key role in the global energy transition at the Partnership’s annual meeting on January 22.  Read the remarks from Bobby Tudor and Bob Harvey and see Bobby Tudor's slide presentation.  Maintaining Houston’s place as the Energy Capital of the World requires that the region’s business and civic leaders address the dual challenge of meeting expanding global energy demand while lowering the world’s carbon footprint, said Tudor, Chairman of Tudor, Pickering, Holt & Co. LLC, an energy investment and advisory firm.  “The economic vitality and growth of our region’s economy is inextricably tied to the energy industry,” Tudor said, adding that the Partnership and its members “should use our convening power to rally our companies, political leaders and fellow citizens to position Houston as the city that will lead this energy transition.” The Partnership will launch a new initiative aimed at accelerating Houston’s activity around energy transition, while existing committees will continue efforts to bring energy tech and renewable energy companies to Houston; explore the policy dimensions of carbon capture, use, and storage; and advocate for legislation that helps ensure the Texas Gulf Coast is positioned as a leader in that technology.  Houston business leaders have a responsibility to lead the transition to a cleaner, more efficient and more sustainable, lower carbon world, Tudor said. “We need to be the driver, not the passenger.”  Highlighting some of the changes and milestones reached in Houston over the last decade*, Partnership President and CEO Bob Harvey said that while the last 10 years were transformational for Houston, the next decade may be to be even more critical to the region’s long-term success. “I believe the decisions we make and the work we do together in the next few years will determine the trajectory of Houston for the next several decades and beyond,” Harvey said.  2019 Key Accomplishments  The Partnership’s 2019 Board Chair, Scott McClelland, said he was pleased with the organization’s successful efforts on major initiatives last year. Through its public policy committees, the Partnership influenced key bills during the 86th Texas Legislative Session, including House Bill 3 that brought $5 billion in new state funding into the public education system and Senate Bill 7 that resulted in $2 billion in state funding for statewide recovery and future flood mitigation.  “If there’s one big thing I learned over the last year, it’s that the key to making this city better for everyone is having a lot of Houstonians involved in the effort,” said McClelland, president of H-E-B. “There’s power in numbers. It’s a force multiplier.”  Harvey also pointed to Houston’s recent success in bolstering its innovation ecosystem—a move critical to the region’s ability to compete with other global cities. Last summer, Rice University broke ground on The Ion, a 270,000-square-foot innovation center that will anchor the broader 16-acre South Main Innovation District. Other startup incubators and accelerators have opened their doors throughout the city in recent months, including MassChallenge, The Cannon, Gener8tor, Plug and Play and more. The Partnership also played a role in fintech company Bill.com opening its first office outside of Silicon Valley here in Houston in September.  In January 2019, the Partnership launched a new strategic initiative, Houston Next, and a complementary $50 million capital campaign to support the effort. Designed to advance Houston’s position as a great global city, the plan focuses on three core areas: creating a strong, diverse 21st-century economy, ensuring a great quality of life and supporting opportunity for all. Houston Next aims to empower local business leaders to accelerate the region’s progress at the intersection of those three areas of impact and ensure Houston’s continued success. Harvey said the Partnership is well underway toward meeting its Houston Next objectives and reported that the campaign has raised $25 million, half of its goal.  See the Partnership’s full 2019 Annual Report for additional facts and figures. *The last decade was one of the most transformative in Houston’s history. Consider:  •    The region added more than 1.1 million residents over the last 10 years an increase of more than 18 percent.  •    Houston became the most diverse city in the nation, now led by its Hispanic population and the fastest growing Asian population in America.  •    The Houston region added $64 billion to its GDP, a 17 percent increase in real terms.  •    Foreign trade expanded by nearly $24 billion, making Houston the most trade focused metropolitan area in the nation.  •    Houston added 615,000 net new jobs over the last decade.  ### Greater Houston Partnership  The Greater Houston Partnership works to make Houston one of the best places to live, work and build a business. As the economic development organization for the Houston region, the Partnership champions growth across 11 counties by bringing together business and civic-minded leaders who are dedicated to the area’s long-term success. Representing 1,100 member organizations and approximately one-fifth of the region’s workforce, the Partnership is the place business leaders come together to make an impact. Learn more at Houston.org. CONTACT:         Maggie Martin      Senior Manager, Marketing & Communications      (o) 713-844-3640 mmartin@houston.org      A.J. Mistretta     Vice President, Communications              (o) 713-844-3664 (c) 504-450-3516 | amistretta@houston.org       
Read More
Airports

Houston's Hobby Airport Starts 2020 With New Airline, Maintenance Facility

1/15/20
Houston’s William P. Hobby Airport is marking the start of the new year with a couple of big announcements. Earlier this week, Allegiant announced it added Houston as one of a few cities it’ll begin serving in 2020. According to its press release, the new seasonal nonstop routes from Hobby Airport include Knoxville, TN, Asheville, NC, Savannah, GA, and Destin/Fort Walton Beach, FL. Allegiant says it’s also expanding to Boston and Chicago. It’s the largest expansion in the airline’s 23-year history, driven by the company’s focus on leisure travel. Allegiant’s announcement comes just days after Southwest Airlines unveiled a $125 million, 240,000-square-foot maintenance facility at Hobby. It’s the largest in the Dallas-based carrier’s network, and includes offices, training facilities and warehouse space. “It’s proof of our devotion and our dedication to Houston,” Southwest CEO Gary Kelly said during the grand opening celebration, as reported by the Houston Chronicle. “And the opportunity that we see here, and the excitement that we have to continue to grow.” Kelly told reporters that Houston is one of three key cities where Southwest is focused on adding flights over the next 10 years, according to the Houston Business Journal. Southwest’s CEO said he ultimately wants to connect Houston to South America. “I don’t see that in the next year or so, but definitely down the road it’s something that we would be interested to do,” Kelly said. Houston is the international air gateway to the South Central U.S. and Latin America. With the addition of international air service at Hobby Airport in ’15, Houston became the only city in Texas with two airports offering international service and one of only eight such cities nationwide. According to Houston Facts, domestic travel at Hobby Airport increased by more than 7% to over 13 million passengers in ’18. Airlines that offer direct domestic flights from Hobby include American Airlines, Delta Airlines, JetBlue Airways and Southwest Airlines. Southwest is currently the only airline out of Hobby offering direct international flights. The Partnership's 2019 Economic Highlights report says the Houston Airport System (HAS) offers nonstop flights to some 190 domestic and international destinations in 37 countries. Hobby is ranked as the 35th busiest airport in the nation.  Learn more about air transportation in Houston in Houston Facts. Read how Hobby performed last year in the 2019 Economic Highlights report and get a monthly aviation update. 
Read More

Related Events

Digital Technology

Innovation Council

For Houston to continue moving forward as a great global city, we must further the innovation eco-system in order to attract tech and start-up companies. This council examines how the greater Houston region can…

Learn More
Learn More
Executive Partners