Economic Structure

World-class business leaders such as BP America, Conoco Phillips, Foster Wheeler, Igloo, Mustang Engineering, and Shell Oil North America are headquartered in the Katy Area and enjoy a high level of employee productivity. Additionally, over 150 companies headquartered here. The energy services sector is strong in the Katy Area; however, other strong economic sectors include: wholesale trade, plastics and advanced materials, technology centers, service, and retail. Business expansions and new projects in Katy are booming!

Major New and Expansion/Retention Projects, 2011

Company
New/Expansion/Retention
Capital Investment Jobs
BAE Global Tactical Systems

Retention - Manufacturing

$5,000,000 1,400
West Engineering New Headquarters $4,000,000 200
RTUI Expansion - HQ Manufacturing $3,000,000 150
Worley Parsons Expansion Lease 150
Brazos Valley Credit Union New Headquarters $3,000,000 30

 

Katy Area (Katy ISD) Economic Sectors 2010

Sectors Percent Number
Ag, Forestry, Fishing, and Mining 6% 7,500
Construction 7% 8,750
Manufacturing 9% 11,250
Wholesale Trade 6% 7,500
Retail Trade 13% 16,250
Transportation, Warehousing, &Utilities 4% 5,000
Information 2% 2,500
Finance, Insurance, & Real Estate 8% 10,000
Professional, Scientific, Management, & Administrative 13% 16,250
Educational Services, Healthcare, & Social Assistance 18% 22,500
Art, Entertainment, & Research 7% 8,750
Other Services, except Public Administration 5% 6,250
Public Administration 2% 2,500
Total 100% 125,000

Source:  Sites on Texas, 2011

 

Top 10 Major Employers, 2010 

Company Product/Service Employees
     
Katy ISD Education 7,500+
BP North America Headquarters, Energy 7,500+
Conoco Phillips Headquarters, Energy 3,000+
Mustang Engineering Headquarters, Energy, Engineering

3,000+

Academy Sports and Outdoors Headquarters, Distribution, Sporting Goods 2,400+
Shell Oil Woodcreek Headquarters, Energy 2,000+
Katy Mills Retail, Shopping Mall 2,000+
Foster Wheeler Headquarters, Energy, Engineering 1,200+
Igloo Products Headquarters, Manufacturing, Plastic Products 1,100+
Exxon Mobil Chemical Headquarters, Chemicals 950+

 Source:  Katy Area EDC, 2010