Chevron Buys Land for Attainable New Facility Exterior Houston
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Chevron Corp. purchased a plot of land the scale of virtually 60 soccer fields simply outdoors of Houston in preparation for what may turn into a brand new research-and-development campus.
The 77-acre plot is a part of the Bridgeland residential and business improvement being constructed by Howard Hughes Holdings Inc. in Cypress, about 33 miles from downtown Houston, the businesses mentioned in a press release Sept. 5. Chevron mentioned its current areas — together with its headquarters in San Ramon, Calif., and its workplace complicated in central Houston, its greatest globally — “will proceed enterprise as traditional.”
Chevron has dramatically expanded operations in Texas lately, mainly because of oil manufacturing progress within the Permian Basin, which now makes up 1 / 4 of the corporate’s international output. Final yr, Chevron introduced plans to downsize its headquarters within the San Francisco Bay space and gave staff the choice of transferring to Houston, the place it has about 7,000 staff and contractors in areas together with a downtown skyscraper previously occupied by Enron Corp.
“The potential research-and-development facility would supply workplace and laboratory analysis area to allow new capabilities and supply flexibility for future actions,” Chevron mentioned in a press release.
— With help from John Gittelsohn.
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