Layne Christensen Co. will invest $6.7 million to move its global headquarters to The Woodlands in north Houston, Texas, creating 210 jobs.
The water management, construction and drilling company that provides solutions for water, mineral and energy challenges plans to move into a 50,000 square foot building complex at Hughes Landing on the east shore of Lake Woodlands. Its customers include government agencies, investor-owned water utilities, heavy civil construction contractors, oil and gas companies and agribusiness. It is currently headquartered in Kansas.
As an incentive, Gov. Rick Perry said the firm will receive $1.3 million from the Texas Enterprise Fund to finalize this headquarters move and job creation in the Houston, Sugar Land and Baytown metropolitan area. Execution of a state agreement is contingent upon finalization of local incentives.
"The Lone Star State continues to fuel the nation, providing the oil and gas products that keep America running and the job creation that has helped strengthen our economy," Gov. Perry said. "Our commitment to a skilled workforce along with our low taxes, reasonable regulations and fair courts, are what companies like Layne Christensen are looking for as they expand their operations."
"We are grateful for the interest and support of Gov. Perry, Lt. Gov. Dewhurst, Speaker Straus, their respective staffs, and the Texas Enterprise Fund," President and CEO Rene Robichaud said. "As the world energy capital, we believe that Houston will provide an outstanding foundation for both consolidating Layne's global leadership team and expanding our operations, most notably our total water management solutions business for the oil and gas industry."
"We are thrilled to welcome Layne Christensen as the newest member of The Woodlands area's corporate community," The Woodlands Area Economic Development Partnership CEO Gil Staley said. "The decision to relocate their corporate headquarters to our community reaffirms that The Woodlands area is uniquely positioned to provide the best business environment, from its vibrant economy to a superior quality of life."