AngelouEconomics was engaged by CITGO to assist the CITGO Petroleum project team in the evaluation of Texas for its corporate headquarters and new refinery investments.
CASE STUDY: Citgo Petroleum
Case Study: Citgo Petroleum
AngelouEconomics was engaged by CITGO to assist the CITGO Petroleum project team in the evaluation of Texas for its corporate headquarters and new refinery investments. The firm performed an economic impact study of the headquarters and manufacturing projects, and assisted CITGO with its incentives negotiations. CITGO selected Houston and Corpus Christi for these projects. The economic impact study estimated the potential impact on jobs, payroll, economic activity, and tax revenue for the State of Texas, and was used to support the company’s efforts to receive grant funding from the Texas Enterprise Fund.
Case Studies in Site Selection
Case Study: Houghton Mifflin Harcourt
Houghton Mifflin Harcourt (HMH) has been a notable employer within the city of Austin for decades. Located in downtown Austin, the company has employed more than 200 people and is one of the city’s more respected employers.
Case Study: Conoco Phillips
AngelouEconomics was engaged by Conoco Philips to conduct a site location analysis for the development of a global technology and corporate learning center. The center will serve as the company’s hub for research and development of renewable and alternative energy and high-tech carbon fuels recovery. The project selected a location in the Denver, Colorado region.
AngelouEconomics helped me define New Mexico’s industry clusters but then went many steps further with a marketing plan, contact lists and assistance is setting up strategic meetings. All in all, an impressive effort. AngelouEconomics is a well-rounded firm that excels in strategic development ranging from marketing plans and cluster analyses to economic impact reports for recruitment.
President/CEO Tampa Hillsborough Economic Development Corporation
Former Cabinet Secretary of Economic Development, State of New Mexico