Category: Regional News
Port of Galveston Reports Strong Q1 2019
The Port of Galveston has announced a strong first quarter driven by substantial general cargoes volume and more cruise calls. General cargoes, specifically wind energy increased by 3,691 percent year-over-year…
Houston/Galveston Q1 2019 Unemployment Lowest in Almost 20 Years
Houston/Galveston's unemployment rate has fallen to 3.7%, the area's lowest unemployment since the end of 2000. Workforce Solutions has more info, and their press release is below. Houston-area employers hired…
Texas A&M Galveston launches ‘Sea Turtle Think Tank’
The center will train the next generation of sea turtle biologists. Texas A&M University at Galveston will be the home of the new Gulf Center for Sea Turtle Research, with…
Marathon Petroleum to Invest $1.2B in Galveston Bay Refinery
Marathon Petroleum will spend $1.2 billion upgrading its Galveston Bay refinery complex in the City of Texas City over the next three years as part of a program to integrate…
County Officials Back Grand Parkway Progress
Galveston County officials are calling for the Texas Department of Transportation to look at the traffic and revenue study for Segment B of the Grand Parkway. Segment B would run…
Houston/Galveston: Nation’s 2nd Fastest Growing Life Sciences Hub
Houston ranks second in the nation among emerging life sciences hubs, according to a new report from commercial real estate company CBRE. Venture capital funding in the industry locally increased…
League City the Safest Big City in Texas
League City in Galveston County has been named the #1 safest city in Texas with over 100,000 residents by Safewise in their 2019 Safest Cities in Texas list. Ranking at…
Galveston County Bank + Houston Bank = $1.4 Billion Bank
Texas City-based Texas Independent Bancshares, the parent company of Texas First Bank, will scoop up Houston-based Preferred Bancshares Inc., the parent company of Preferred Bank. The deal is expected to close…
Galveston County Ahead of National Average in Employment Growth
Galveston County continues to be great place to do business - with higher employment-growth and lower-wage growth than the national average. The Bureau of Labor Statistics reported yesterday that employment…
Houston Area Sales Tax Reaches Record High
Sales tax allocations for Metro Houston’s 10 most populous cities (including League City, Texas City, and Galveston in Galveston County) totaled $956.7 million in 2018, $59.3 million above the previous…