MIADC Europe

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MIADC - Europe
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Texas An Overview

• Population 23,904,380 (07)
• Labor Force 11,833,270 (Dec. 08)
• Unemployment Rate 5.7 (Dec. 08)
• Area 261,797 square miles (678,051 km2 twice
  the size of Germany)
• First in Foreign Exports (07)
• Second Most Populous State (07)
• Three of ten largest US cities (07)

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Texas An Overview

• 14th largest economy in the world (08)
• High Income more than 1.4 million households
  have incomes exceeding 100,000 (07)
• 58 companies in the 2008 Fortune 500 - 1 in the
  U.S.
• No personal income taxes

Source The Perryman Group CIA, The World
Factbook
5
Texas An OverviewGross Domestic Product
Texas outpaces the U.S. annual average growth
rate.
Source Bureau of Economic Analysis The Perryman
Group
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Texas An OverviewIndustry Composition
Source The Labor Market Career Information
Database, Dec. 2008
7
Texas An OverviewEmployment Insourcing
Texas ranks second in the U.S. in the number of
workers employed by foreign-owned firms.
Source Organization for International
Investment, Aug. 2007
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Texas An OverviewTax Incentives

• Property Tax Abatements
• Texas Enterprise Zone Program
• Research and Development Abatements
• Pollution Control Property Tax Abatements
• State Sales and Franchise Tax Refund
• Manufacturing Sales Tax Exemption
• Texas Emerging Technology Fund
• Texas Governors Economic Development Bank

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Houston An Overview

• Population 5.6 Million (07)
• Employment 2.6 Million (Dec. 08)
• Sixth most populous U.S. MSA (07)
• 26,060 square kilometers
• The 10-county metro area Gross Domestic Product
  (GDP) is 455.4 billion (08)
• Worlds 28th largest economy
• Larger than GDP of Belgium,
• Sweden, Austria, Switzerland, or Norway

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Houston An Overview Real Gross Domestic Product
Forecast 2005-2030

• Source The Perryman Group, Spring 2008

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Houston An Overview Area Industry Mix

• Aerospace and Aviation
• Energy and Petrochemicals
• Electronics
• Medical and Biotechnology
• Nanotechnology
• Engineering
• Information Technology

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Aerospace and Aviation

• Home to NASAs Johnson Space Center
• 17,000 employees (3,200 civil and 13,900
• contract)
• Major contractors Boeing, Lockheed
• Martin, Raytheon, and SPACEHAB
• Lead center for design, development and
• construction of Orion, the new crew
• exploration vehicle
• First Orion launch with humans onboard
• set for no later than 2014

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Energy and Petrochemicals

• The Houston MSA is home to
• 40.8 percent of the U.S. base petrochemical
  manufacturing capacity
• 400 chemical plants
• 33,000 employees (refining chemicals)
• Several thousand miles of product pipeline
  connecting 200 chemical plants, refineries, salt
  domes and fractionation plants

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Energy and Petrochemicals

• Houston is the capital of energy exploration and
  production technology.
• 3,400 energy related establishments
• - 500 exploration and production firms
• - 700 chemical, plastic, rubber plants and
  refineries
• - 150 oil field equipment manufacturers
• 10 of the 25 largest public exploration firms
• 12 of the 20 largest oil pipeline companies
• 15 of the 20 largest gas transmission companies

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Energy and Petrochemicals

• International center for every aspect of the oil
  and gas industry.
• 28.9 of U.S. jobs in oil and gas extraction
• 13.2 of U.S. jobs in oil field services
• 12.5 of U.S. jobs in oil and gas construction
  machinery manufacturing
• 59.2 of oil pipeline capacity is controlled
  from Houston
• 79.2 of gas transmission capacity is controlled
  from Houston

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Electronics

• More than 250 computer and electronic
  manufacturers, employing approximately 28,000
  locally
• Major Employers include Hewlett Packard,
  Benchmark, Cisco, Foxconn, Siemens and Texas
  Instruments
• Software development centers Texas Medical
  Center, Johnson Space Center, Rice University,
  University of Houston, and Texas AM
  University

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Medical and Biotechnology

• Houstons biotechnical industry has three
  segments
• Texas Medical Center
• Research and Development at area universities,
  health care institutions, and other public and
  private firms
• Commercialized companies engaged in production,
  or preproduction operations
• 36 percent of Texas biotechnology firms are in
  the Houston MSA.
• More than 100 local firms involved in
  biotechnology
• Rice University - home to the 200 million
  Collaborative Research Center,
• which focuses on bioscience and
  biotechnology

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Medical and Biotechnology Texas Medical Center
the worlds largest

• 28.3 million gross sq ft of physical space (2.629
  million sq m)
• 73,600 employees
• 46 member institutions, including 13 hospitals
• 11 education institutions, 33,000 full-time
  students
• 7.1 billion capital investment planned through
  2014
• 1 billion in research conducted by institution
  members
• 5.5 million patients visit annually
• More than 13,000 international patients

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Medical and Biotechnology Texas Medical Center
the worlds largest

• The Texas Medical Centers hospitals consistently
  rank among the nations top institutions.
• M.D. Anderson Cancer Center - 1 in Cancer
  Treatment, 4 in Ears, Nose and Throat, and 9 in
  Urology
• Memorial Hermann Hospital - 4 in Rehabilitation
• Texas Childrens Hospital - 6 in Pediatrics
• St. Lukes Episcopal Hospital - 7 in Heart and
  Heart Surgery
• Methodist Hospital - 9 in Neurology and
  Neurosurgery
• Source U.S. News World Report, July 2008

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Nanotechnology

• Nanotechnology began in Houston
• Nobel Prize-winning discovery at Rice University
  created Nanotechnology industry
• Eight major research institutions in the Texas
  Medical Center compose the Alliance for
  NanoHealth, the first collaborative research
  effort to bridge gaps between medicine, biology,
  materials science, public policy and
  nanotechnology.

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Nanotechnology

• The Department of Defense in 2006 launched the
  Consortium
• for Nanomaterials for Aerospace Commerce and
  
• technology, involving Rice University, the
  University of
• Houston, and five other Texas universities.
  Its mission is to
• develop smart materials and composite
  nanomaterials with
• aerospace defense applications.
• Houston is home to the Center for NanoSpace
  Technologies, a
• nonprofit scientific research and education
  foundation
• chartered to conduct cutting-edge technology,
  research and
• development in aerospace, education, energy,
  life sciences and
• shipping and transportation.

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Engineering

• More than 77,500 engineers and architects in
  civil, chemical, petroleum, mechanical,
  electrical/electronic and aerospace
• More than 2,727 engineering and architectural
  firms
• Major engineering companies include Bechtel,
  Flour, Halliburton, Schlumberger, Aker Kvaerner
• 23 of the nations 25 largest engineering and
  design firms have offices in Houston

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Information Technology

• More than 400 software development companies
• Software development centers include
• Texas Medical Center
• Johnson Space Center
• Rice University
• University of Houston
• Texas AM University
• Eleven Houston area companies made the 2008
  Technology Fast 500

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International Houston

• Houston has
• 53.3 billion in metro exports (06)
• Second in nation behind New York MSA
• 2,800 companies doing business overseas
• 700 firms in Houston report foreign ownership
• 1,500 local firms providing international
  services
• 56 of the 100 largest foreign corporations
• One in five residents are foreign-born
• 23 foreign banks from 13 nations
• 1,045 freight forwarders

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International Houston

• Houston has
• 89 foreign consulates
• 18 foreign trade and commercial offices
• 32 active foreign chambers of commerce and
• trade associations
• 16 sister city relationships Australia (1),
• Asia(5), Europe (7), Africa (1) and Americas
  (2)
• Grampian Region, Scotland
• Huelva, Spain
• Leipzig, Germany
• Nice, France
• Stavanger, Norway
• Tyumen, Russia

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International Houston Location of Consulates
Sources Houston Protocol Alliance, U.S.
Department of State
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Houston World Class Infrastructure

• Houston Airport System (HAS)
• Three primary airports George Bush Houston
  Intercontinental, Houston Hobby and Ellington
  Field
• 24.2 billion annual economic impact
• Nonstop and direct passenger air service to
  approximately 65 international and 110 U.S.
  destinations.
• George Bush Intercontinental Airport (IAH)
• 8th in U.S. total passenger volume
• 8th in U.S. international passenger volume
• Air cargo trade with Europe totaled more than 78
  million kilograms and was valued at more than 7
  billion (07)

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Houston World Class Infrastructure

• The Port of Houston ranks
• 14th largest port in the world
• 1st in U.S. in foreign tonnage
• 2nd in U.S. in total tonnage
• 40 km complex of diversified public and private
  facilities
• Europe - top seaborne trading partner
• Seaborne trade with Europe 32 of total
  seaborne trade, valued at 34.2 billion (07)

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Houston World Class Infrastructure

• Houstons Highway System
• 739.3 miles(1,189 km) of freeways and expressways
• 61 percent of the planned 1,217-mile (1,959 km)
  system in operatio
• Lies along the route of the proposed I-69 NAFTA
  superhighway that will link Canada, the U.S.
  industrial Midwest, Texas and Mexico.

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Houston World Class Infrastructure

• Houstons Rail System
• Two major rail systems Burlington Northern Santa
  Fe and Union Pacific
• One of the nations busiest rail centers
• More than 700,000 rail cars arriving in or
  departing from the city each year
• Service is available to all Port of Houston
  Authority facilities as well as more than 150
  industries along the Houston Ship Channel. The
  rail system is further integrated with the local
  trucking industry via six intermodal terminals,
  the local highway system Houston's three major
  airports and the barge system on the Gulf
  Intracoastal Waterway

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Houston 26 Fortune 500 companies call Houston
home

• Anadarko Petroleum
• Apache
• Baker Hughes
• BJ Services
• Cameron International
• CenterPoint Energy
• Conoco Phillips
• Continental Airlines
• El Paso
• Enbridge Energy Partners
• Enterprise Products
• FMC Technologies
• Frontier Oil

• Group 1 Automotive
• Halliburton
• KBR
• Knight
• Marathon Oil
• National Oilwell Varco
• Plains All American Pipeline
• Reliant Energy
• Smith International
• Spectra
• Sysco
• Targa Resources
• Waste Managements

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Houston Economic Base Diversification
Source Institute for Regional Forecasting,
University of Houston, Apr. 2008
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Houston Low Cost of Doing Business
Source Grubb Ellis Market Trends, Q3/08
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Houston Low Cost of Doing Business
Source Grubb Ellis Market Trends, Q3/08
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Houston Low Cost of Doing Business
Source 2008 KPMG Guide to International Business
Location
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Houston Low Cost of Living
Houston has the lowest cost of living among major
U.S. metropolitan areas.
Source ACCRA, Cost of Living, Third Quarter 2008
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HoustonWorkforce Demographics

• Median age in 2007 was 33.0 years, well below
  the U.S.
• median of 36.7 years
• More than 78 of the workforce has at least a
  high school
• diploma
• Nearly 1 million people in the workforce have a
  bachelors degree
• or higher

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Houston Population and Employment Forecast
2005-2030
Source The Perryman Group, Spring 2008
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Houston Quality of Life

• Professional baseball, basketball, football,
  hockey and soccer teams.
• Houston Grand Opera, Houston Ballet, Houston
  Symphony, Ally Theatre, Theatre Under the Stars,
  Clear Channels Broadway in Houston Series.
• Museum of Fine Arts added a new 83 million
  building, making it the sixth largest art museum
  in the nation.
• WorldFest - Houston International Film Festival,
  the largest and third oldest competitive
  international film festival in North America.
• Two of the 10 largest urban public parks in the
  U.S. Cullen Park (7th) and George Bush Park
  (9th).
• Houston Parks and Recreation Department manages
  15,766 hectares of parks and open space.

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Houston Education

• Approximately 324,000 students in more than 60
  degree-granting colleges, universities,
  institutes and technical schools
• Rice University ranked
• Among Top 20 national universities
• Best value among private colleges
• 1 in Electrical Engineering
• 1 in Computer Science
• 4 in Computer Engineering
• 5 in Agricultural and Biomedical Engineering
• International Private Institutes
• Awty International School
• British School of Houston
• Source Academic Analytics Faculty Scholarly
  Productivity (FSP) Index November 2007 U.S.
  News World Report, 2008 Princeton Review, 2008

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Houston Rankings

• Houston 1 Best City to Live, Work and Play
  according to Kiplingers Personal Finance (July
  08)
• Houston 1 Best Economic Performance among the
  top 10 metros according to the Milken Institute
  (Sept. 08)
• Houston 1 Best City to Buy a Home according to
  Forbes.com (July 08)
• Houston named Easiest City to Work With by
  ConferenceDirect (Jan.08)
• Lowest Cost of Living among major U.S. metro
  areas (3rd Qtr 08)

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Houston and Europe Major Trade Partners

• 430 foreign-owned companies
• in Houston are European
• owned.
• Nearly 1, 200 Houston firms
• trade goods and services with
• Europe.
• More than 580 Houston subsidiaries in Europe.

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Houston and Europe Major Trade Partners

• Trade between Houston and Europe totaled 52
  billion in 2007,
• up 11.2 from 2006.

Source U.S. Department of Commerce, Bureau of
the Census
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Houston and Europe Major Trade Partners
In 2007, Europe was both Houstons largest import
and largest export partner.
Source U.S. Department of Commerce, Bureau of
the Census
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Houston and Europe Major Trade Partners
Source Houston Airport System, 2009