HOUSTON and EUROPE

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Houston and EuropeOpen for Business
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Houston and EuropeOpen for Business
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Texas An Overview

• Population 23,507,783
• Labor Force 11,937,150
• Unemployment Rate 3.8
• 2nd Most Populous State
• 261,797 square miles
• (678,051 km2 twice the size of Germany)

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Texas An OverviewPopulation

• Texas has 3 of the 10 largest US cities
• Houston, Dallas and San Antonio
• Labor force approximately 12 million

Source U.S. Census Bureau (projected)
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Texas An Overview Gross State Product

• 10th largest economy in the world
• High Income more than 1 million families have an
  income of more than 100,000
• Texas has 56 Fortune 500 Companies - 1 in the
  U.S.

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Texas An OverviewGross State Product
Texas is above the U.S. annual average growth
rate.
Source Bureau of Economic Analysis ( projected
by Perryman Associates)
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Texas An OverviewLabor Force
Houston ranked 2 in employment growth rate
among 10 most populous US metro areas.
Source The Labor Market Career Information
Department (LMCI)
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Texas An OverviewEmployment Insourcing
Texas ranks 3rd in the US in the number of
workers employed by foreign-owned firms.
Source OFII Organization for International
Investment
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Texas An OverviewTexas is Business Friendly

• No personal income tax
• No corporate income tax
• Sales and use tax
• - 6.25 (not to exceed 8.25).

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Texas An OverviewBusiness Incentives

• Property tax abatements
• Texas Enterprise Zone Program
• Research 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 OverviewHoustons Metropolitan
Statistical Area

• Houston Metropolitan Statistical Area (MSA)
• Population 5.28 Million
• Sixth-most populous among U.S. MSAs
• 10,062 Square Miles (26,060 square kilometers)
• Its 2006 10-county metro area Gross Area Product
  (GAP) exceeded 360.6 billion.
• Worlds 30th largest economy
• Larger than GAP of Austria, Hong Kong, Sweden, or
  Switzerland

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Houston An OverviewPopulation

• Founded in 1836
• City of Houston Population 2.01 Million
• Fourth-most populous U.S. city
• Largest city in southern U.S. and Texas

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Houston An OverviewArea Industry Mix

• Aerospace
• Health Care/Biotechnology
• Electronics and Technology
• Engineering and Construction
• Chemicals
• Energy
• Information Technology

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Houston An OverviewEnergy

• 3,600 energy-related companies
• 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
• 14 of the 20 largest oil pipeline companies
• 15 of the 20 largest gas transmission companies

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Houston An OverviewEnergy

• 30.7 of all US jobs in oil and gas extraction
• 13.8 of US refining capacity
• 38.9 of US base petrochemical manufacturing
  capacity
• 42.1 of oil pipeline capacity is controlled from
  Houston
• 57.1 of gas transmission capacity is controlled
  from Houston

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Houston An OverviewEnergy
Economic Base Employment
Source Institute for Regional Forecasting,
University of Houston, July 2006
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Houston An OverviewInternational Business

• Houston has
• 58 of Texas companies with overseas offices
• 46 of all foreign firms with Texas operations
• 21 foreign banks from 10 nations
• 3,000 international firms
• 406 Houston firms with subsidiaries in Western
  Europe
• More than 770 foreign-owned firms
• 428 Western European firms with subsidiaries in
  Houston
• 900 freight forwarders

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Houston An OverviewInternational Business

• Houston has
• 87 foreign consulates
• 18 foreign trade and commercial offices
• 31 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
• Istanbul, Turkey
• Leipzig, Germany
• Nice, France
• Stavanger, Norway
• Tyumen, Russia

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Houston An OverviewInternational Business
Consular Corps by City
SOURCES Houston International Protocol Alliance,
2006 and Foreign Consular Offices in the United
States, U.S. Dept. of State, 2006
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Houston An OverviewFortune 500 Headquarters
Houston is a major corporate center. Numerous
Fortune 500 companies, multinationals and
domestic concerns maintain operations here.

• Anadarko Petroleum
• Apache
• Baker Hughes
• Burlington Resources
• CenterPoint Energy
• ConocoPhillips
• Continental Airlines
• Dynegy
• El Paso
• Enbridge Energy Partners
• Enterprise Products
• Frontier Oil

• Group 1 Automotive
• Halliburton
• Kinder Morgan Energy
• Lyondell Chemical
• Marathon Oil
• National Oilwell Varco
• Plains All American Pipeline
• Reliant Energy
• Smith International
• Sysco
• TEPPCO Partners
• Waste Management

Source Fortune, April 17, 2006
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Houston An OverviewBusiness Climate

• The Houston MSA ranked 3 among 200 metropolitan
  areas in the US as Best Places for Business and
  Careers by Forbes. The criteria included
  business costs, living costs, education levels,
  job growth, income growth, migration patterns,
  crime rates and culture/leisure.
• The Houston MSA is the headquarters for 13 of the
  100 Fastest Growing Companies, according to
  Fortune.

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Houston An OverviewInternational Business
Foreign-owned firms and domestic firms with
significant international business support
880,000 direct and indirect jobs in Houston,
nearly 38 percent of total jobs in metropolitan
area.
International Business Activities in Houston
Source Great Houston Partnership, International
Business Survey 2006
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Houston An Overview
Houstons Pro-Business Climate

• Strategic Location
• World Class Infrastructure
• High Quality Workforce
• Low Cost of Doing Business
• Pro-business Attitude

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Houston An OverviewStrategic Location
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Houston An Overview World Class Infrastructure

• The Port of Houston is ranked 1st in the US in
  foreign seaborne trade and is the 10th largest
  port in the world.
• In 2006, more than 200 million short tons of
  cargo moved through the port which ranks 1st in
  the US in seaborne exports foreign trade was
  valued at 103 billion.
• The Houston Airport System is 6th largest airport
  system in the world. The three airports serve
  more than 75 international and 120 US
  destinations with direct and non-stop service.
• 2 major rail systems, Burlington Northern Santa
  Fe Union Pacific operate 14 mainline tracks
  radiating from Houston.
• Houston is the crossroads for interstate highways
  - the largest road network in the US with 1,100
  long distance, non-local truck lines.

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Houston An Overview High Quality Workforce

• Houston is the 4th most populous city in the US
• The average age is 34.6 years below the U.S.
  average of 35.3
• More than 78 of the work force has at least a
  high school diploma
• Texas is a Right-to-Work state only 3.7 of
  private sector workers are unionized in Houston.

Source US Census Bureau
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Houston An OverviewLow Cost of Doing Business
Office Real Estate Cost Comparison - Total Class A
25.42
HOUSTON
31.35
CHICAGO
34.37
MIAMI
35.42
BOSTON
35.97
LOS ANGELES
38.12
WASHINGTON, D.C.
42.23
SAN FRANCISCO
75.98
NEW YORK
0
10
20
30
40
50
60
70
/ square foot
Source Grubb Ellis, Office Market Trends 4th
Quarter 2007 for Class A
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Houston An OverviewLow Costs of Doing Business
Industrial Space Cost Comparison
8.11
HOUSTON
4.40
8.92
PHILADELPHIA
4.36
11.63
SEATTLE
5.88
9.94
BOSTON
6.16
10.40
MIAMI
6.88
10.87
LOS ANGELES
7.38
13.52
5.43
WASHINGTON, D.C.
2
0
4
6
8
10
12
14
/ square foot - Warehouse
/ square foot - Research Development
Source Grubb Ellis, Industrial Market Trends
3rd Quarter 2006
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Houston An OverviewLow Cost of Doing Business
Houston has the lowest cost of living among US
cities
Source ACCRA Cost of Living Index, Fourth
Quarter 2006
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Houston An OverviewPro-business Attitude

• Houston ranks 3rd in the US of Best Places for
  Business and Careers by Forbes (2006).
• Houston ranks 1st in the US of 100 Fastest
  Growing Companies (2006 Fortune) with 13
  headquartered in the Houston MSA. Los Angeles and
  New York are tied for 2nd with 8 companies each.

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Houston An OverviewCultural Arts

• More than 200 Houston institutions are devoted to
  the arts, science and history.
• Houston offers world-class year-round resident
  companies in all major performing arts Symphony,
  Opera, Theatre and Ballet.
• In the past 18 years, Houston has added or
  expanded 10 art museums or galleries, 4 major
  theatres and 15 science and history museums.

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Houston An OverviewCultural Arts

• The Museum of Fine Arts, Houston added a new 83
  million building in 2000, making it the 6th
  largest in the nation (up from 30th).
• The Houston Theater District is the 2nd largest
  in the US.
• Houston has the 3rd largest international film
  festivals in the US.
• Houston ranks 3rd in the US for contemporary art
  museums, collections and galleries.

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Houston An OverviewEducation

• Houston is the academic center of the Southwest.
• Houston Independent School District is the 7th
  largest in the US.
• Approximately 318,000 students in the region
  are enrolled in more than 60
• degree-granting colleges, universities,
  institutes, and technical schools.

• Two international private institutes
• Awty International School
• British School of Houston
• Four major universities
• University of Houston 34,329 students
• Rice University 5,009 students
• University of St. Thomas 3,607 students
• Texas Southern University 9,579 students

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Houston and EuropeMajor Trade Partners

• There are 770 foreign-owned companies in
  Houston, 54.8 are European-owned.
• Almost 1,650 Houston firms trade goods and
  services with Western Europe.
• More than 395 Houston companies have
  subsidiaries in Western Europe.

Statistics provided are limited to countries in
European Union only and not all of Europe.
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Houston and EuropeMajor Trade Partners
Trade between Houston and Europe continues to
grow ( 17 05 vs. 04).
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Houston and EuropeMajor Trade Partners
Europe is Houstons largest export market,
accounting for nearly a third of all goods
shipped from the region.
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Houston and EuropeMajor Trade Partners
Europe was Houstons largest import source,
accounting for more than 1/4 of all goods
arriving from around the world. Houstons
imports from Europe increased 23.2 percent in
2005 imports were valued at 27 billion in 2006.
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Houston and EuropeMajor Trade Partners
Source Houston Airport System 2006
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Houston and EuropeMajor Trade Partners

• Europe is Houstons top seaborne trading
  partner with 24.6 billion by sea in 2005.

• Seaborne Trade by Region
• Europe 31.6
• Latin America 21.7
• Asia and Pacific Rim 14.5
• North America 13.0
• Africa 12.3
• Middle East 6.6

Source U.S. Dept. of Commerce, Bureau of the
Census, 2006 (Figures reflect 2005 in value)
Note Latin America includes South and Central
America and the Caribbean
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Houston and EuropeMajor Trade Partners
Europe is Houstons top air cargo trading partner
with 62,504,322 kilograms by air in 2005.

• Air Cargo Trade by Region
• Europe 50.9
• Asia and Pacific Rim 15.6
• Middle East 14.7
• Latin America 8.6
• Africa 6.8
• North America 3.2

Source U.S. Dept. of Commerce, Bureau of the
Census, 2006 (Figures reflect 2005 kg) Note
Latin America includes South and Central America
and the Caribbean
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Houston and EuropeMajor Trade Partners
EUROPEAN CONSULATES IN HOUSTON Consulate General
of Italy 300 Post Oak Boulevard, Suite 660
Houston, Texas 77056 Tel. [phone] Fax
713-850 9113 Consulate General of the Republic
of Hungary 11850 Hempstead Highway, Suite 230
Houston, TX 77092Work Phone Fax [phone]
Consulate General of the French Republic 777
Post Oak Blvd., Suite 600 Houston, TX
77056-3204Work Phone Fax [phone]

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Houston and EuropeMajor Trade Partners
Consulate of the Kingdom of Belgium 2009 Lubbock
St. Houston, TX 77007-7621Work Phone Fax (713)
224-1120 Consulate General of the Republic of
Cyprus 1128 River Glyn Drive Houston, TX
77063-1517Work Phone Fax [phone]
Consulate of the Kingdom of Denmark 4545 Post
Oak Place Drive, Suite 105 Houston, TX
77027-3164Work Phone Fax [phone]
Consulate of the Kingdom of Sweden 2909
Hillcroft Blvd., Suite 515 Houston, TX
77057-5847Work Phone Fax [phone]

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Houston and EuropeMajor Trade Partners
Consulate General of the Republic of Malta 2602
Commonwealth Houston, TX 77006-2609Work Phone
Fax [phone] Consulate of the Republic
of Romania 4265 San Felipe, Suite 605 Houston,
TX 77027-2920Work Phone Fax [phone]
Consulate of the Hellenic Republic 520 Post
Oak Blvd., Suite 450 Houston, TX 77027-9481Work
Phone Fax [phone] Consulate of Ireland
2630 Sutton Court Houston, TX 77027-5245Work
Phone Fax [phone]

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Houston and EuropeMajor Trade Partners
Consulate of the Republic of Finland 14 Greenway
Plaza, Suite 22R Houston, TX 77046-1400Work
Phone Fax [phone] Consulate General of
the Republic of Austria 1701 Hermann Drive,
Suite 1605 Houston, TX 77004 Consulate General
of the Kingdom of Spain 1800 Bering Drive, Suite
660 Houston, TX 77057-3151Work Phone Fax (713)
783-6166 Consulate General of the Federal
Republic of Germany 1330 Post Oak Blvd., Suite
1850 Houston, TX 77056-3031Work Phone Fax
[phone]

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Houston and EuropeMajor Trade Partners
Consulate of the Republic of Latvia 5847 San
Felipe, Suite 3275 Houston, TX 77057-3000Work
Phone Fax [phone] Royal Norwegian
Consulate General 2777 Allen Pkwy., Suite 1185
Houston, TX 77019-2141 Consulate General of the
United Kingdom of Great Britain and Northern
Ireland 1000 Louisiana, Suite 1900 Houston, TX
77002Work Phone Fax [phone] Consulate
of the Czech Republic P.O. Box 8 West, TX
76691Work Phone Fax [phone]

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Houston and EuropeMajor Trade Partners
Consulate of the Kingdom of the Netherlands 2200
Post Oak Blvd., Suite 610 Houston, TX
77056-4783Work Phone Fax [phone]
Consulate of the Portuguese Republic 4544 Post
Oak Place Drive, Suite 350 Houston, TX
77027-3161Work Phone Fax [phone]
Consulate of the Republic of Slovenia 2925
Briarpark Drive, 7th Floor Houston, TX
77042-3720Work Phone Fax [phone]

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Houston and EuropeMajor Trade Partners
Consulate of the Republic of Poland 35 Harbor
View Drive Sugar Land, TX 77479-5854Work Phone
Fax [phone] Consulate of the Republic of
Lithuania 4030 Case St. Houston, TX
77005-3606Work Phone Fax (866)
764-8622 Consulate General of The Russian
Federation in Houston 1333 West Loop South,
Suite 1300 Houston, TX 77027Work Phone Fax
[phone] Honorary Consul of Ukraine in
Houston 2934 Fairway Drive, Sugar Land, TX
77478-4023Work Phone Fax [phone]

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Houston and EuropeMajor Trade Partners
Chambers of Commerce in Houston Italy America
Chamber of Commerce 1800 West Loop South, Ste
1120 77027 Houston Tel [phone] Fax
713.626.9306 French American Chamber of Commerce
5373 W Alabama St 209, Houston, 77056
Tel[phone] German American Chamber of
Commerce 2400 Augusta Dr 280 Houston, TX
77057Tel [phone]

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Houston and EuropeMajor Trade Partners

Swedish American Chamber of CommercePO Box
591366 Houston, TX 77259Tel (713)
914-0015 Norwegian American Chamber of
Commerce 2777 Allen Parkway, Suite 1185 Houston,
TX 77019-2123   Tel[phone]   Fax(713)
521-9473 Czech Chamber of Commerce 7474 South
Kirkwood Road Houston, TX Tel. (281)
564-9800 British-American Business Council
Houston P O Box 421234 Houston, TX
77242-1234Tel[phone] Fax
[phone]

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Houston and EuropeMajor Trade Partners

Russian-American Chamber for Trade and
Industry 700 Louisiana Street, Suite 3600
Houston, TX 77002 Greater Houston
Partnership 1200 Smith Allen Center II Ste 700,
7th floor Houston, Texas 77002 Office
713.844.3600 Fax [phone] email
ghp_at_houston.org

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Houston and EuropeOpen for Business