Skip to main content
Secondary Nav

Sugar Land Gets Competitive to Keep its HQ Companies

Published Nov 07, 2022 by A.J. Mistretta

Sugar Land Office Building.JPG

Office building in Sugar Land

In an increasingly competitive economic development landscape, the City of Sugar Land is making a big play to keep the companies it already has. 

Earlier this month, Sugar Land officials announced a new incentive program aimed specifically at the city’s office headquarters companies. The approved program provides $6,000 per job for qualified businesses to keep their headquarters in Sugar Land. As new office parks and commercial real estate developments pop up across the region and in competitor markets, Sugar Land’s move is a business retention tool designed to keep companies and investment inside the city limits. 

“Retaining office headquarters is key to maintaining high-paying jobs in Sugar Land,” said Elizabeth Huff, Economic Development Director for the City of Sugar Land. “Our new incentive program ensures we maintain our office headquarter locations during this highly competitive office market and hopefully grow those high-quality job opportunities in our community.” 

To qualify for the new incentive program, companies headquartered in Sugar Land must retain at least 50 primary jobs and renew their existing lease for five to ten years within the city limits. The program also requires companies commit a minimum of $1 million towards capital investment for build outs or office improvements. The investment requirement is expected to help Sugar Land, which consistently ranks among the fastest-growing suburbs in the state, to enhance its office infrastructure by encouraging companies to spend money to improve their existing space. 

Sugar Land Mayor Joe R. Zimmerman said the new incentive program will enable the city to retain the companies that already call the Fort Bend County community home. “The new program allows us to target existing companies and selected industries in order to demonstrate our level of commitment and partnership to our business community,” Zimmerman said. 

According to the Houston Business Journal, Sugar Land is currently home to the headquarters or principal offices of 19 companies across different industries, including a subsidiary of SLB (formerly Schlumberger), Noble Corp., Accredo Packaging, and Bluebonnet Nutrition.

Learn more about why companies are choosing the Houston region. 

 

Related News

Economic Development

Report: Houston's Global Strengths Position Region to Navigate Trade Uncertainty

5/1/25
HOUSTON (May 1, 2025)—As evolving trade policies and geopolitical tensions create economic uncertainty in 2025, Houston enters the year with a strong foundation. According to the Greater Houston Partnership’s newly released 2025 Global Houston report, the region led the U.S. in exports last year – shipping $180.9 billion in goods, more than any other metro area. Click to expand   The report, based on 2024 data compiled prior to this year’s policy changes, highlights how Houston’s infrastructure, industrial base and deep global relationships position the region to better navigate trade disruptions.  “As the U.S. seeks fairer trade arrangements, the uncertainty is impacting some long-term investment decisions,” Partnership President and CEO Steve Kean said. “At the same time, we’re seeing increased interest in the Houston metro as a destination for onshoring. Our region enters this period from a position of strength – we’re not only the nation’s top exporting metro, but also a leader in population and GDP growth. Houston is well-positioned to adapt, respond and benefit from global economic shifts.” Notably, the Houston/Galveston Customs District is one of only 10 in the U.S. where exports exceed imports – a reflection of the region’s strong global demand and production capacity. Key Metrics from the Global Houston Report: #1 U.S. Exporting Metro: $180.9B in goods exported in 2024 (3.1% increase from 2023) Record Customs District Tonnage: 432.6M metric tons handled, ranking No. 1 nationally Total Trade Value: $376.3B through Houston/Galveston, ranking No. 4 among U.S. districts Foreign Direct Investment: 81 foreign-owned companies announced plans to relocate, expand or start operations; a 56% increase from 2023 when 52 international projects were announced. (increase is partially due to improved data sourcing) Global Connectivity: 3.1M international passengers traveled through Houston airports (record; a 4.2% increase over the 12.6 million passengers in ’23) 3.4M container units processed at Port Houston (record) Migration-Driven Workforce Growth: Nearly 65% of the region’s 2024 population growth came from international migration Energy Leads in Exports Energy continues to play an outsized role in Houston’s international economy. Oil and refined petroleum products accounted for more than half (52.1%) of all trade value flowing through the Houston/Galveston Customs District in 2024 – totaling $196.1B, with 88% of that volume heading overseas.  According to the U.S. Energy Information Administration (EIA), global oil demand is expected to reach 103.6 million barrels per day in 2025 – a new record, though below earlier projections. At the same time, lower forecasted oil prices and emerging trade barriers could prompt Texas producers to scale back new drilling, potentially reducing export volumes through the Houston/Galveston District. Top 10 Houston Trading Partners in 2024: Netherlands – $31.9B (↑ 23%) | Driven by oil exports amid EU energy diversification China – $30.1B (↓ 7%) | Key supplier of industrial equipment and electronics Mexico – $24.9B (↓ 13%) | Most integrated supply chain partner South Korea – $23.8B (↑ 4%) Germany – $16.9B (↑ 10%) Brazil – $16.8B (↑ 6%) United Kingdom – $15.0B (↑ 6%) Japan – $13.5B (↑ 3%) India – $13.2B (↓ 0.8%) Canada – $11.5B (↑ 22%) About the Report Produced annually by the Greater Houston Partnership’s Research team, the Global Houston Report analyzes the region’s international trade, foreign investment, migration trends and sector strengths. It serves as a key resource for companies navigating an increasingly complex global business landscape. Access the full report, here. CONTACT:           Brina Morales                                                 Sr. Director, Communications     bmorales@houston.org  
Read More
Economic Development

Trade Trends with Netherlands, China and Mexico Reinforce Houston's Global Reach

4/30/25
As the global economy adapts to evolving trade policies and geopolitical tensions, Houston’s international trade performance offers insight into the strength and adaptability of the region’s economy. The Greater Houston Partnership’s 2025 Global Houston report reveals how deep global relationships and sector strengths position the region to weather potential disruptions better than most.  “As the U.S. seeks fairer trade arrangements, the uncertainty is impacting some long-term investment decisions,” Partnership President and CEO Steve Kean said. “At the same time, we’re seeing increased interest in the Houston metro as a destination for onshoring. Our region enters this period from a position of strength – we’re not only the nation’s top exporting metro, but also a leader in population and GDP growth. Houston is well-positioned to adapt, respond and benefit from global economic shifts.” Here’s what Houston’s top three global trading partners reflects about the region's international ties: 1. The Netherlands moves to the top spot for the first time due to energy exports Trade Value (2024): $31.9B | ↑ 23% YoY With the Port of Rotterdam central to European fuel imports, Houston’s energy exports – particularly crude and refined petroleum – accounted for over 80% of Houston’s trade with the Netherlands last year. Europe's shift away from Russian energy further solidified Houston's role in Europe’s energy security strategy. 2. China slips to second, but remains a critical player Trade Value (2024): $30.1B | ↓ 7% YoY Exports to China dropped by a 14.5 percent, particularly in mineral fuels, plastics and organic chemicals. Rising tariffs have introduced uncertainty, but the scale of Houston-China trade reflects deep supply chain integration. China remains vital to Houston’s economy as a top source of industrial equipment, electronics and raw materials for regional manufacturers. Policy shifts could significantly impact local businesses. 3. Mexico holds steady as a regional anchor Trade Value (2024): $24.9B | ↓ 13% YoY Mexico is Houston’s most integrated trade partner, supplying inputs like auto parts, crude oil and industrial materials, while Houston exports fuels, chemicals and steel products. Cross-border trade is a cornerstone of Houston’s industrial competitiveness. Continued collaboration with Mexico will be key to maintaining supply chain efficiency. Key Metrics from the Global Houston Report: #1 U.S. Exporting Metro: $180.9B in goods exported in 2024 (3.1% increase from 2023) Record Customs District Tonnage: 432.6M metric tons handled, ranking No. 1 nationally Total Trade Value: $376.3B through Houston/Galveston, ranking No. 4 among U.S. districts Foreign Direct Investment: 81 foreign-owned companies announced plans to relocate, expand or start operations; a 56% increase from 2023 when 52 international projects were announced. (increase is partially due to improved data sourcing) Global Connectivity: 13.1M international passengers traveled through Houston airports (record; a 4.2% increase over the 12.6 million passengers in ’23) 3.4M container units processed at Port Houston (record) While the Netherlands, China and Mexico are the region’s top three trading partners, they account for only one-fourth of the region’s exports. The balance goes to 220 other countries.  
Read More

Related Events

Economic Development

Regions - Baytown

The 12-county greater Houston area is one of the largest and most diverse business regions in the nation. Each county brings its own unique characteristics that attract key sectors from advanced manufacturing to…

Learn More
Learn More
Executive Partners