The city of Conroe is moving forward with an economic development grant with Hewlett Packard Enterprise which is relocating it aviation department from California to Conroe.
The grant amount is $465,072 payable over seven years.
Executive Director of the Conroe Economic Development Council Danielle Scheiner said the grant is performance based.
According to information from the city, the company has entered into a 10 agreement to lease a dedicated hanger at Galaxy FBO. The $1.6 million project to relocate the department from San Jose will include office space buildout, conference and support services as part of the 19,000 square foot space.
The company’s move to Conroe will bring about 11 jobs to the community.
The move to Conroe comes after Gov. Greg Abbott announced in December 2020 that the company was moving its global headquarters to Spring. The new campus is expected to open in early 2022.
According to information from Abbott’s office, HPE already has a significant presence across Texas, with locations in Austin, Plano, and Houston — the latter of which is home to more than 2,600 employees and is the company’s largest employment hub. HPE currently operates major product development, services, manufacturing, and lab facilities in Houston and Austin.
“We are excited that Hewlett Packard Enterprise has chosen to call Texas home, and I thank them for expanding their investment in the Lone Star State by relocating their headquarters to the Houston region,” Abbott said in a release. “Hewlett Packard Enterprise joins more than 50 Fortune 500 companies headquartered in the Lone Star State, including 22 in the Houston area alone. That is because Texas offers the best business climate in the nation. Our low taxes, high quality of life, top-notch workforce, and tier one universities create an environment where innovative companies like HPE can flourish.
“We look forward to a successful partnership with HPE, as together we build a more prosperous future for Texas.”
Written by Catherine Dominguez