Houston, Texas Is Rich, Vibrant And International
Finding the perfect city to establish an international business base is a strategic decision that will impact your bottom line over the long term
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Many factors come into play when making such a decision such as travel and communications infrastructure, cost of living, support services, location, vibrant local economy and strong links to international trade.
Few cities in the world have as much to offer for establishing a global business as Houston. Translation services support Houston's companies to communicate across the globe.
Houston is modern city with a vibrant and diversified economy. Ranked as the fourth largest city in the USA, it hosts thousands of international companies and only New York City has more Fortune 500 companies headquartered within its city limits.
If you are looking for a great place to do business and live, Houston might be the perfect place to establish your home-base.
It is estimated that Houston holds commercial links with over 3,000 foreign organizations encompassing 259 different classes of products and services.
The city's economy is based on 17 major industries which range from finance and insurance, manufacturing, medical services, bio-tech and pharmaceutical research to aerospace, oil and gas services and petrochemical industries.
You will find that Houston has a world-class business infrastructure that goes along with its reputation. It is the second largest port in the USA based on total cargo, its GB Houston Intercontinental Airport is ranked as the best airport in the USA, the Houston Medical Center is ranked as the top medical center and the list goes on.
The city's economy has traditionally been based in the energy sector. The metropolitan area is home to thousands of energy companies that serve the oil and gas industry.
Not only are most of the largest oil corporations headquartered here, but manufacturers of oil equipment, engineering concerns, fabrication yards, industry software developers, certification agencies, industry attorneys and thousands of small companies that support this huge industry.
Who can forget that Houston is home to the Johnson Space Center? As the main center of operations for NASA, it has been a hub of the aerospace industry since the days of moon exploration.
Representing such a wide array of international interests, it's no wonder some of the city's nicknames include "Space City" and "Energy Capital of the World."
The city has plenty of room for businesses to flourish, supported by top-quality universities and a highly skilled and diversified workforce.
City and state leaders are committed to maintaining its status as an economic hub.
There are numerous state incentives available to support companies. Amongst them is the Texas Enterprise Fund, Texas Emerging Technology Fund, Skills Development Fund, Texas Enterprise Zone Program and, Texas Small Business Fund, among others.
Local incentives include Freeport Tax Exemption, Property Tax Abatements, and the Foreign Trade Zone, among others.
Houston, however, is not all business. Many choose the city not only for its business statistics but because of area itself renowned for its sunny weather, friendly people, great dining, beautiful neighborhoods and golf courses, fine museums, exciting arts and entertainment scene and low-cost lof living.
Diverse cultural experiences, great education opportunities... the list goes on when it comes to what makes this city special. Houston Translation Services are also ready to support your international operations.
by: Richard Allenby
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