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Old 07-09-2019, 01:58 PM
 
Location: Beautiful Northwest Houston
6,292 posts, read 7,507,052 times
Reputation: 5061

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A Houston based aerospace surfacing technology company along with a New York based co-working giant are helping to diversify Greater Houston's economy.

Valence Surface Technologies LLC Partners with ATL and BCI

NEW YORK, VICTORIA, and HOUSTON, July 8, 2019 ─ ATL Partners (“ATL”) and British Columbia Investment Management Corporation (“BCI”) announced today that they have acquired Valence Surface Technologies LLC (“Valence” or the “Company”), the largest independent aerospace surface finishing platform in North America. Existing management also invested in the Company.

Founded in 2013 and based in Houston, the Company provides critical surface treatments such as non-destructive testing, shot peening, chemical processing, plating painting and spray coating to aerospace and defense components that require complex finishing to meet engineering specifications. Valence currently operates eight (8) facilities throughout the U.S. in key aerospace and defense manufacturing regions, serving over 3,000 customers and processing over 12 million individual parts annually.
https://valencesurfacetech.com/the-n...l-and-bci/:ok:


WeWork, the coworking giant that’s blanketed the country with stylish office space for entrepreneurs and corporations, is planning its fourth Houston location since arriving here two years ago.
The New York company has leased 56,000 square feet in downtown’s 609 Main, a new 48-story office tower between Texas Avenue and Capitol. The 609 Main building, developed and managed by Hines, is just a block away from WeWork’s first Houston location in the Jones building at 708 Main St. where it operates 86,000 square feet.
Between both locations, WeWork will have more than 2,400 desks.

https://www.houstonchronicle.com/bus...ntent=briefing
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Old 07-15-2019, 10:59 AM
 
Location: Beautiful Northwest Houston
6,292 posts, read 7,507,052 times
Reputation: 5061
A international robotics technology company is opening a robotics research facility in the Texas Medical Center searching for ways to make hospitals operate more efficiently and helping diversify the Greater Houston economy.

The Texas Medical Center will have a facility focused on non-surgical robots later this year.

The TMC Innovation Institute, home to health care accelerator programs, co-working facilities and startups, announced Wednesday that Switzerland-based robotics company ABB will open a 5,300-square-foot research and development facility.
Its non-surgical robots could be programmed to do repetitive, time-consuming tasks, such as measuring medications in the proper dosage and assembling sterile instrument kits used by surgeons.

Its new Houston facility will include an automation lab and robot training facilities. ABB expects 20 people will work there.

This is the latest news for the TMC Innovation Institute, which has assisted more than 250 companies since it launched in 2014. These companies have received some $900 million in total money raised or committed funding.

https://www.houstonchronicle.com/tec...t=briefing:ok:
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Old 07-16-2019, 02:54 PM
 
Location: Beautiful Northwest Houston
6,292 posts, read 7,507,052 times
Reputation: 5061
Houston’s privately held companies show city’s economic diversity

While Houston’s top public companies hail predominately from the energy industry, a look at the top private companies paints a fuller picture of the city’s economic activity.

Houston’s top private companies include retail, distribution, construction and hospitality. Two of Houston’s largest private companies, the retail electricity provider Calpine and Toyota distributor Gulf States Toyota, broke $9 billion in revenue in 2018.

Out of the 50 companies that appeared on the Chron 100’s top private company list in both 2017 and 2018, 40 saw revenues increase by an average of 20 percent, with Amerisource Business Capital, a direct lender to small and lower middle market businesses, growing its revenue by 57 percent.

https://www.houstonchronicle.com/bus...w-13951617.php
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Old 07-24-2019, 01:17 PM
 
Location: Beautiful Northwest Houston
6,292 posts, read 7,507,052 times
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A Kansas City, Mo.-based engineering, architecture and construction firm expands in Houston adding jobs and diversity to the Greater Houston economy.

Burns & McDonnell, a Kansas City, Mo.-based engineering, architecture and construction firm with a large presence in the Galleria area, has extended and expanded its office lease at 1700 West Loop South, growing the company's office space by three additional floors.

The lease, for more than 200,000 square feet, increases Burns & McDonnell's footprint by about 38 percent, which will allow it to add 300 employees by 2021, the company said Wednesday.


https://www.houstonchronicle.com/bus...0-14119887.php

https://www.burnsmcd.com/
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Old 07-26-2019, 11:06 AM
 
Location: Beautiful Northwest Houston
6,292 posts, read 7,507,052 times
Reputation: 5061
A Kentucky Hemp processing company is converting a abandoned East End Maxwell Houston coffee plant into a hemp processing plant, and by doing so converting urban blight into economic diversity.

A Kentucky company leased a 1.2 million square foot facility, which previously housed the Maxwell House coffee plant, to process hemp, the CEO said.

Jeff Lake, CEO of Elemental Processing, said the company expects to begin processing hemp at the plant within six to nine months.

Elemental Processing purchased the equipment inside the building signed a long-term lease for the land, Lake said, but declined to provide further information about the terms of the lease.

Houston Mayor Sylvester Turner delivered prepared remarks during committee hearings on HB-1325, and said the city estimates Elemental Processing’s operations would contribute $947.9 million in economic output. The city estimated that the construction and refurbishment of the facility alone could contribute as much as $149.7 million in economic activity.

This image has been resized. Click this bar to view the full image. The original image is sized 1200$sx800$s.
https://www.houstonchronicle.com/bus...photo-15429301
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Old 07-27-2019, 11:21 AM
 
Location: Beautiful Northwest Houston
6,292 posts, read 7,507,052 times
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Amazon Web Services picks City Centre in West Houston for it's Houston web hub.

Roughly 18 months after saying Houston lacked the tech infrastructure to make it appealing for HQ2, Amazon has announced a new tech hub in Houston.

About 150 Amazon Web Service employees will occupy 25K SF in CityCentre 5 at 825 Town and Country Lane, according to a company release. The facility will serve as an innovation lab for customer collaboration and new technologies.

The service management company is also hiring. The roles include software development engineering, solutions architecture, data analytics, professional services, product management and account sales. Teams dedicated to educating AWS customers and helping them grow their business will also be housed in the office.


“Houston is such a culturally diverse city with so many international companies based here,” said Eddie Murray, AWS global accounts lead. “We’re excited to create great jobs and hire locally to boost the local economy while also giving back to the community through programs like Amazon Future Engineer.”

https://www.bisnow.com/houston/news/...ycentre-100074
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Old 08-03-2019, 08:47 AM
 
Location: Beautiful Northwest Houston
6,292 posts, read 7,507,052 times
Reputation: 5061
Port Houston continues to grow and add economic diversity to the Greater Houston economy. In a secondary story new co-working space is opened in what seems to be a mini tech hub developing in Greenway Plaza further showing Houston's economic diversity.

Container volume overall at Port Houston continues to break records, up 12 percent for the year compared to last year, Executive Director Roger Guenther told the commission during its meeting. Port Houston facilities have handled nearly 1.5 Million TEU through the first half of 2019.
Port Houston handles nearly 70 percent of all containers that move through the U.S. Gulf of Mexico and volume is growing rapidly due to surging demand for imports and a robust export base driven by petrochemical and resin markets. Strong demand has attracted new services and made upgrades of existing services the norm at Port Houston. Earlier this month, the 2M Alliance (comprised of Maersk and MSC, the world’s first and second-largest ocean carriers) announced a new Trans-Pacific all water service to call Houston starting in mid-September, with Houston as its first port of call after crossing the Panama Canal.

Steel movements into Houston’s multi-purpose terminals at City Docks, Woodhouse, Care and Jacintoport also continue to be strong and are up 14 percent for the year.
“Overall business continues to be strong through our port,” Guenther said. “We look forward to that continuing for the rest of the year.”


https://www.hellenicshippingnews.com...ew-expansions/

Anchor Workspace has opened a 17,600-square-foot coworking location on the third floor of 20 Greenway Plaza. Designed by PDR, the space combines private offices, collaborative areas, meeting and training rooms, food service areas and a private patio for event use. Miller Lapoint served as general contractor.


“We wanted to create a balanced environment capable of accommodating a wide range of corporate users across a wide segment of demographics,” said Anchor Workspace owner Jan Paape.
https://www.houstonchronicle.com/bus...photo-18006188
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Old 08-12-2019, 01:45 PM
 
Location: Beautiful Northwest Houston
6,292 posts, read 7,507,052 times
Reputation: 5061
Houston company's app allows airport travelers to order food on the go, and add to Houston's economic diversity.

Airports never seem to run out of lines. Security, bathrooms and even quick-service restaurants can have anxiety-inducing waits.

But one Houston company is working to make that sandwich a true grab-and-go experience. The Grab app allows travelers to pre-order their food, and it recently raised a multi-million-dollar Series A fundraising round to expand into additional airports.

"We're all about creating a better experience," said CEO Mark Bergsrud, "relieving stress and providing better access to stores."

Grab was founded in 2014 by former Continental Airlines executives.

The company will use its recent financing, raised from London-based Collinson, a company specializing in loyalty and benefit programs, to expand into additional airports, restaurants and retail stores.

And hopefully, that includes expanding in Houston. Grab is not yet available at Bush Intercontinental or Hobby airports.

"We're on the way," he said. "We're very eager to be at both Intercontinental and Hobby."

https://www.lmtonline.com/techburger...o-14285383.php
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Old 08-12-2019, 02:07 PM
 
3,169 posts, read 2,058,967 times
Reputation: 4913
Quote:
Originally Posted by Jack Lance View Post
A Kentucky Hemp processing company is converting a abandoned East End Maxwell Houston coffee plant into a hemp processing plant, and by doing so converting urban blight into economic diversity.

A Kentucky company leased a 1.2 million square foot facility, which previously housed the Maxwell House coffee plant, to process hemp, the CEO said.

Jeff Lake, CEO of Elemental Processing, said the company expects to begin processing hemp at the plant within six to nine months.

Elemental Processing purchased the equipment inside the building signed a long-term lease for the land, Lake said, but declined to provide further information about the terms of the lease.

Houston Mayor Sylvester Turner delivered prepared remarks during committee hearings on HB-1325, and said the city estimates Elemental Processing’s operations would contribute $947.9 million in economic output. The city estimated that the construction and refurbishment of the facility alone could contribute as much as $149.7 million in economic activity.

This image has been resized. Click this bar to view the full image. The original image is sized 1200$sx800$s.
https://www.houstonchronicle.com/bus...photo-15429301
I have long wondered what was going to be done with this site. That's a really cool reuse. Can't wait to see what the hemp processors do with the place to get it up to snuff - it's in rough shape right now.
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Old 08-15-2019, 09:36 AM
 
Location: Beautiful Northwest Houston
6,292 posts, read 7,507,052 times
Reputation: 5061
Research grants that lead to medical breakthroughs in heart treatments are advancing treatments in Heart disease and increasing Houston's economic diversity.Rice University Professor Matteo Pasquali, left, and Dr. Mehdi Razavi of the Texas Heart Institute check a thread of carbon nanotube fiber invented in Pasquali’s Rice lab. They are collaborating on a method to use the
Matteo Pasquali (left)

HOUSTON – (Aug. 13, 2019) – Thin, flexible fibers made of carbon nanotubes have now proven able to bridge damaged heart tissues and deliver the electrical signals needed to keep those hearts beating.

Scientists at Texas Heart Institute (THI) report they have used biocompatible fibers invented at Rice University in studies that showed sewing them directly into damaged tissue can restore electrical function to hearts.

Results of the studies on preclinical models appear as an open-access Editor’s Pick in the American Heart Association’s Circulation: Arrhythmia and Electrophysiology. The association helped fund the research with a 2015 grant.

https://www.tmc.edu/news/2019/08/dam...notube-fibers/
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