A new skyscraper and more than 1,700 jobs are coming to downtown Houston.
On Wednesday, Gov. Rick Perry announced Chevron will build a new highrise bringing 1,752 jobs and a multi-million dollar capital investment to Houston.
Through the Texas Enterprise Fund, the state is providing $12 million to close the deal.
"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.
"The Texas model is a blueprint for job creation, and the investment Chevron is making in Houston with more than 1,700 high-paying jobs opens the door to significant opportunities for Texans and their families," added Perry.
Chevron plans to construct a new 1.7 million square foot office tower in downtown Houston as part of this expansion.
The facility will house professional, technical and administrative personnel to accommodate Chevron's growth in Houston to support its global operations.
"Through its sponsorship of the annual Houston Marathon and its involvement in many other community events, Chevron has shown its strong support and commitment to Houston over the years.," said Mayor Annise Parker (D) of Houston. "The company's expansion, supported by the Texas Enterprise Fund grant, will broaden its local presence even more, boosting the local economy with hundreds of new jobs while also fostering synergy and collaboration with their existing business units and other Houston businesses."
Chevron is headquartered in California.