Posted on Feb 11, 2010 | Tagged in: Fort Bend County , economy , community
Not only has Fort Bend
County, Texas been named one of 10 places for professionals get
ahead in business, but it “topped” the list developed by the
trusted online financial magazine, Forbes.com.
Forbes narrowed down their list to only include counties “where
the median household income was $75,000 per year or higher, to
focus on places where you can earn a solid salary and move up
quickly, rather than ones that went from low to average
incomes.”
The success of this Houston suburb is solidly based on a 10%
growth in income between 2007 and 2008 with an added 5% spike in
employment since 2007, bringing up the numbers to 5,913 new jobs.
The reason why this success was possible is due to the overall
diversity of Texas’ industry sectors, including energy, education
and hospitality, which in turn have fueled rapid population growth
over the past several decades. Many of Forbes’ 400 Best Big
Companies also make their home in Texas, particularly Baker Hughes,
Texas Instruments and Thermo Fisher.
Posted on Dec 22, 2009 | Tagged in: economy
The numbers were presented Dec. 14 at a GHP-sponsored event at the Intercontinental Hotel featuring a panel of economic experts.
Demand for chemicals and plastics products used in construction and manufacturing will drive growth in 2010, the report said. An upturn in Asian economies is expected to bring growth to the city's wholesale trade sector, which will add 5,200 jobs.
Other sectors expected to see a net gain in jobs are health care (2 percent gain); food services (0.5 percent) and administrative and support services, which is expected to pick up 5,400 jobs. Largely driven by gains in the public education sector, the public sector will add an additional 4,100 jobs.
Posted on Nov 24, 2009 | Tagged in: Fort Bend County , economy
With the county’s incredible job growth-rate, ranked third in the nation, the Greater Fort Bend County Economic Development Council (FBEDC) introduced a new marketing strategy in hopes of continued growth by expanding, or branching, existing businesses from Houston into surrounding areas such as Sugar Land and Rosenberg.
Rosenberg, with a growth of 33 percent in the last six years, invested $25,000 into the marketing strategy and has already reserved the same amount to contribute in 2010.
September 28, 2009 premiered local commercials to the Houston community promoting growth and benefits of further developing Fort Bend. The campaign’s slogan, “You can’t hold down the fort,” shows unyielding optimism and encouragement for the continuing growth.
Posted on Nov 24, 2009 | Tagged in: economy , charity
The ceremonial shovels of new construction were brought out mid October to usher in the construction of the Mamie George Community Center. The Catholic Charities of the Archdiocese of Galveston-Houston broke ground for the construction of the Community Center in October, and the Richmond City Commission recently approved the final plat for the project, making the hope a reality.
The ground breaking is the first step in creating a space that will meet identified and yet unmet needs in Fort Bend County. The 24,000 square foot center is designed to serve an average of 400 people a day and is scheduled to be complete in the fall of 2010. The building, set on ten acres of land on Collins and Clay, will house a Wellness Center, a café and Trini’s Corner Market. The 10 acres, valued at $2 million was donated for the project, along with a $2 million challenge grant both from The George Foundation.
Posted on Nov 19, 2009 | Tagged in: Fort Bend County , economy
With the county’s incredible job growth-rate, ranked third in the nation, the Greater Fort Bend County Economic Development Council (FBEDC) introduced a new marketing strategy in hopes of continued growth by expanding, or branching, existing businesses from Houston into surrounding areas such as Sugar Land and Rosenberg.
Rosenberg, with a growth of 33 percent in the last six years, invested $25,000 into the marketing strategy and has already reserved the same amount to contribute in 2010.
Posted on Nov 5, 2009 | Tagged in: economy , community
By STEPHEN OHLEMACHER Associated Press Writer © 2009 The Associated Press
Michael Conroy AP
WASHINGTON — Missed out on Cash for Clunkers? Congress has another deal for you: Buy a home before May 1 and collect up to $6,500 from the government. If you're a first-time homebuyer, get up to $8,000.
Posted on Sep 28, 2009 | Tagged in: economy
Rosenberg, in association with Fort Bend County, Workforce Solutions, and the City of Richmond, will host the third annual Public Sector Career Fair next Tuesday on September 29th from 10 am to 3 pm. The career fair will be at the Rosenberg Civic Center on 3825 Texas 36 South.
Open to the public, the fair will give Fort Bend and Rosenberg residents the opportunity to meet with employers with career opportunities within local, county and state government agencies, colleges and universities, as well as non-profit organizations located throughout Fort Bend County. Those who need help with resume writing will find assistance at the event as well.
Any questions about the career fair may be directed to Yolanda McLin at 835-595-3320 or by email at yolandam@ci.rosenberg.tx.us.
Posted on Sep 16, 2009 | Tagged in: Realtors , economy
The second quarter was a good one for the Houston-Sugar Land-Baytown metropolitan area, which has been named as one of the nation’s 20 strongest metro areas by the Brookings Institute.
The Washington, D.C. company’s quarterly MetroMonitor ranks the nation’s 100 largest metro areas for their economic performance based on five key indicators — employment, unemployment, output, home prices and foreclosure rates.
Houston led the nation in housing prices, with a 4.9 percent increase over the 2008 second quarter, according to the report. That compared with a 4.4 percent average decline among the Top 100 metro areas as a whole and a 1.7 percent decrease in the national average.
Posted on Aug 19, 2009 | Tagged in: Fort Bend County , economy
Need another reason to move to Fort Bend? Then we have great news for you. CNN/Money Magazine (Money Magazine August Issue) lists the county of Fort Bend, Texas as 6th for the most job growth over the past eight years in a nationwide list of counties.
Fort Bend has seen a 61.3% growth in jobs from 2000 to 2008. This staggering growth is said to be attributed to the county's low crime rate, low cost of doing business, and low taxes, according to the president of the Greater Fort Bend Economic Development Council, Jeff Wiley. The county has worked hard on improving its infrastructure to attract employers and growth among the community.
One business bringing its success to Fort Bend is Minute Maid, who recently relocated to Sugar Land, Texas. This single move brought 275 jobs to the Fort Bend community. Another project, Kansas City Southern/CenterPoint Properties, is starting just west of Rosenberg, and is bringing over 750 jobs. Biotics Research Corp is also expanding its facilities with an additional 35,000, bringing more jobs to Fort Bend, as well.
Currently there are 250,000 jobs in Fort Bend county, according to CNN/Money. The variety of industries range from traditional agriculture like cotton and cattle, oil, to even tech industries. A new industrial distribution center was built housing a number of industries as well. Even in these tough economic times, Fort Bend stands on top.
Source: Houston Biz Journals & CNN/Money
Posted on Aug 12, 2009 | Tagged in: Rosenberg , Fort Bend County , economy
Those looking for a new job in the Greater Fort Bend and Rosenberg area have some good news. Biotics Research Corp. has a $2 million project that is expanding its facilities with an additional 35,000 square feet being built, creating 25 new jobs upon completion. The new area will expand the warehouse and manufacturing end of the company.
Denis DeLuca, president of Biotics Research Corp., had this to say, "Biotics has been a leading manufacturer of vitamins and dietary supplements with a global market for its products for over thirty years. Going forward with this expansion, with the help of the incentives from the city and county, we are very confident our market share will continue to increase”.
Barkley Peschel, Vice President Development & Operations of the Greater Fort Bend Economic Development Council states that “Rosenberg represents a fresh new wave of business expansion and relocation potential for Fort Bend County,” and that “although Rosenberg is a well established commercial center in Fort Bend, the continued growth of the area and of Greater Houston is creating many new business opportunities on the forward edge of that growth, and Rosenberg is that forward edge in the southwestern sector of the region.”
