The Greater Houston Partnership celebrates our members who make important announcements and share updates about their activities and impact in our community. Learn more about some of these announcements over the past month below.
AltaML, a leading applied artificial intelligence (AI) scale-up company, was ranked 18th in The Globe and Mail’s fourth ranking of Canada’s fastest growing companies. Canada’s Top Growing Companies ranks Canadian companies by three-year revenue growth. AltaML earned its place with a three-year growth of 2309%.
The Translational Research Institute for Space Health, housed in Baylor College of Medicine announced a new postdoctoral fellowship opportunity focused on the health challenges of space exploration and innovative solutions with partners California Institute of Technology and Massachusetts Institute of Technology. TRISH is now accepting proposals for the scholarship program. Selected grantees will participate in the TRISH Academy of Bioastronautics – a mentoring community for space health professionals.
bp plans to acquire Archaea Energy Inc., a renewable natural gas company that moved its headquarters to Houston last year. The deal is valued at approximately $4.1 billion and is expected to close by the end of this year.
As a result of the sale of its San Ramon headquarters building to Sunset Development, rafters will move to a smaller office in California and relocate 200 employees to Houston. To enhance the employee experience, Chevron’s new 400,000-square-foot office is one-third the size of its current headquarters and will accommodate 2,000 employees.
Houston-based non-profit organization Episcopal Health Foundation received a $20 million gift from billionaire philanthropist MacKenzie Scott. EHF is focused on researching preventive solutions to the underlying causes of ill health and making healthcare more affordable and accessible. Scott promised she would donate her entire fortune in 2019 and has since given away at least $12 billion to 1,257 groups.
By purchasing Optum, a subsidiary of insurer UnitedHealth Group, Kelsey-Seybold Clinic moving forward with its $1 billion expansion plan. Kelsey-Seybold will continue to focus and deepen its commitment to providing quality, patient-centric care at a lower total medical cost, and plans to reach more than 50 Houston locations by 2026.
On a $25 billion deal Kroger plans to buy Albertsons, merging two of the country’s largest supermarket chains and creating one of its largest private employers. Kroger explains that the deal will best benefit consumers by using half a billion dollars in cost savings from the merger to invest in lower prices.
A new development project is underway bringing an artificial surf resort to Houston’s Generation Park. The project will include a 6 hectare artificial surfing lagoon, a large beach area, an event lawn and more. California-based Beach Street Development and McCord developmentGeneration Park developers partner to launch HTX Surf in Fall 2024. Construction work will start early next year.
management consulting company McKinsey & Co. has established a decarbonization center at its Houston office as part of its plan to spend $100 million over the next decade to boost Houston’s decarbonization economy. This new initiative focuses on advancing carbon capture, use and storage (CCUS) and green hydrogen, revamping business models for carbon-intensive companies and more.
RDLR Architects recently celebrated 40 years of service to the Houston community. As one of the few Hispanic-owned architectural firms at the time it opened, RDLR has helped pave the way for Hispanic business owners in the Houston area. The practice is credited with many award-winning architectural projects throughout the city of Houston including the Houston Food Bank, SER Jobs for Progress, HCTRA Toll Gantry’s, IAH People Movers, METRO LRT Stations and more.
sleeve plans to build a $1.48 billion low-carbon fuels facility on the site of its former Convent refinery in Louisiana. The plan to repurpose Convent is the first in a series of projects Shell is considering at its chemical plants along the Gulf Coast to accelerate the transition from fossil fuels. The regional spending plan could cost as much as $10 billion.
Announced at the partnership’s recent State of TMC event, the Texas Medical Center The future 500-acre BioPort campus will focus on cell and gene therapy – a method in which cells are removed from the body for correction through advanced biological manufacturing and then reintroduced into the body to treat diseases – and the Manufacture and distribution of pharmaceuticals and medicine supplies. In addition, the BioPort campus is expected to create 100,000 jobs and incorporate an educational campus for students straight out of high school.
If you are a member and would like us to help you communicate news about your organization, please send a press release or announcement information to [email protected] and we’ll be sharing it with our content team for possible inclusion in an upcoming round-up. learn more about partnership membership.
