Thursday, July 11, 2013
San Ramon, California-based Chevron Corp. will expand its Houston facilities creating 1,752 jobs with a multi-million dollar capital investment. The state is providing $12 million through the Texas Enterprise Fund to close the deal on this expansion and job creation move, according to Texas governor Rick Perry. Execution of the state’s agreement is contingent upon finalization of a local incentive offer as required by program criteria.
The US major is headquartered in California but has a number of offices in Houston already, with plans to construct a new 1.7 million square foot office tower in downtown Houston as part of this expansion. The facility will house professional, technical, and administrative personnel to accommodate Chevron’s growth in Houston to support its global operations.
“The announcement of our new office building underscores Chevron’s long-term commitment to Houston and Texas,” said Bereket Haregot, president of Chevron’s Business and Real Estate Services group. “The LoneStarState and its largest city play a vital and growing role in Chevron’s global business.”
Perry said. “The Texas model is a blueprint for job creation, and the investment Chevron is making in Houston with more than 1,700 high-paying jobs opens the door to significant opportunities for Texans and their families.”