DOWNLOAD Houston-Area New Business Announcements & Expansions for Q2/25

The Greater Houston Partnership identified a total of 141 new business announcements (NBA) in the Houston area during Q2 2025.

These announcements represent companies that are either establishing new operations in the region, relocating to the region, or expanding their existing operations in the area.

CATEGORY

The bulk of activity involved the expansion of existing Houston-area operations, which totaled 99 projects in Q2 2025, a 33.1 percent decrease over the 148 announced during Q2 2024. These are companies that already have establishments in the Houston area and have either expanded their real estate footprint in the area or added a significant number of new jobs.

A total of 42 businesses established new facilities in the Houston area in Q2 2025, a 10.5 percent increase from 38 companies new to the region during Q2 2024.

To qualify as a “new business announcement,” the project must disclose at least one of the following:  jobs created, capital investment, and/or footage of office or industrial space leased. Only a small fraction of the announcements disclose more than one of these values, however. As a result, the Partnership’s analysis of capital investment, employment, and square footage represents a low-ball estimate for new business activity. Of the 141 announcements, 8 provided employment, 14 provided numbers on their capital investment, and 135 provided information on space occupied. Totals came out to 4,238 jobs, $905 million, and 7.3 million square feet.

 

YEAR-OVER-YEAR

Q2 2025 logged 141 announcements, a 21.7 percent decrease over Q2 2024 when 180 projects were announced. Though the percentage of total projects has decreased year over year, the amount of jobs created is significantly larger by 158 percent than Q2 2024.

Q2 2025 New Business Announcements Summary:

• 141 announced projects
• 8 projects estimated 4,238 new jobs
• 14 projects estimated $905 million in capital expenditures
• 135 projects estimated 7.3 million in commercial square footage

Q2 2024 New Business Announcements Summary:

• 180 announced projects
• 12 projects estimated 1,640 new jobs
• 12 projects estimated $869 million in capital expenditures
• 167 projects estimated 12.4 million in commercial square footage

 

FACILITY TYPE

The project announcements during Q2 2025 fall into five categories:, distribution warehouse, headquarters, manufacturing, office, and research and development. Not all projects announced a specific type of facility.

INDUSTRY

A third (32 percent) of the announcements in Q2 2025 involve companies engaged in manufacturing. This includes various industries from clean chemical manufacturing to electronics manufacturing. Notable companies include Applied Optoelectronics, Inc.; Inventec Manufacturing (North America) Corp.; and Waaree Energies Ltd.

Professional, scientific, and technical Services ranked second, and accounts for 16 percent of all announcements. This sector primarily comprises companies specializing in technical consulting, engineering, and scientific research & development. Notable companies in this sector that made announcements include COSCO Shipping Lines and MEI Rigging & Crating.

 

Q1 2025 PARTNERSHIP WINS

The Partnership played a key role in 7 of the new business announcements during Q2 2025. The Partnership’s support included services such as potential site selection, possible incentives for establishing a facility in the area, and market research. These Partnership supported projects collectively generated more than 3,938 new jobs, attracted more than $828.6 million in capital investment, and represented two U.S.-based companies and five international companies. These wins contribute to an economic impact of $5.5 billion and 4,167 indirect jobs.

 

Q2 2025 PARTNERSHIP ECONOMIC DEVELOPMENT PROJECT DETAILS

Details on selected Partnership projects:

• Applied Optoelectronics, Inc., is a Sugar Land-based electronics manufacturer looking to expand its footprint by onshoring part of its international production line.
• ESS Corp. is a Canadian-based company expanding its pressure vessel manufacturing operations in the Gulf Coast.
• Inventec Manufacturing (North America) Corporation is a Taiwanese company for advanced technology manufacturing of AI servers/laptops.
• Putaner Pharma Inc. is Houston-based and focuses on the research, development, and production of high-quality dietary supplements, pet nutrition products, and cosmetics.
• Tecnofil S.A. is a Peruvian company is installing a copper bar production facility in Houston to serve the US market.
• TMEIC Corporation Americas is a Japanese company breaking ground on its third manufacturing facility in the region.
• Waaree Energies Ltd., an India-based solar panel manufacturing company expanding its existing facility in Brookshire, TX.

 

Methodology

The Partnership Methodology compiles information from a variety of sources for our New Business Announcements (NBAs) database. Methods include, but are not limited to, scraping news articles, monitoring Google alerts, and tapping into several databases, such as CoStar. We also include Partnership-assisted projects from our Economic Development Division. Generally, NBAs are projects that meet the qualifying criteria for new and/or expanded corporate real estate facilities, such as having new construction or renovation and meeting one or more of the following criteria: creating 20 or more new jobs, having 5,000 or more square footage, or having an investment of $1 million or more. Retail, educational, government, and other non-commercial facilities do not qualify, but projects creating a headquarters, data center, distribution warehouse, call center, or research and development facility will count.