(MENAFN) Oil and gas giant Chevron Corp. plans multimillion-dollar expansion for its Houston facilities, creating 1,752 new jobs and building a new 50-story downtown office tower, AP reported.
Chevron's investment is due in part to USD12 million it will be receiving from the Texas Enterprise Fund, according to Texas Governor Rick Perry's office.
"Employers looking to expand or relocate their businesses continue to choose Texas' strong job creation climate, low taxes, smart regulations, fair courts and skilled workforce," Perry said in a statement.
Chevron's plan will include a 1.7 million-square-foot tower that will house professional, technical and administrative workers to accommodate the oil company's growth in Houston to support its global operations.
The new building will join two others in downtown Houston that Chevron already occupies. Together, all three buildings will create an urban campus with indoor and outdoor common areas, enhanced dining facilities, a fitness center, training and conference facilities, and additional parking.
Chevron currently has about 9,000 employees and contractors in Houston, where nine of its businesses are headquartered.
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