Posted on 08/14/2012 7:08:44 AM PDT by thackney
Pipe manufacturer TMK IPSCO will move its corporate headquarters from Illinois to Houston to increase its exposure to the oil and natural gas market, the company has announced.
Currently based in Downers Grove, Ill., TMK IPSCO said it will move most of its headquarters offices to the company’s new research and development center on Houston’s northwest side. The company expects to complete the Houston move by the summer of 2013 and build a new headquarters in the city within the next two years.
“Houston is the hub of the global oil and gas industry. It’s important for the company to be positioned there in order to facilitate relationships with key customers, attract and retain energy-industry talent and demonstrate our commitment to the industry,” said TMK IPSCO Chairman Piotr Galitzine, in a written statement. “Most importantly, this transition will enable us to be a better, more efficient and more service oriented company.”
The company is the U.S. arm of Russia’s largest steel pipe maker, TMK, which counts Exxon Mobil, Shell and other major oil producers among its customers. It manufacturers drill pipe, well casing and other products for the oil and gas industry.
TMK IPSCO has 11 facilities in the United States. In addition to its research and development office on Houston Oaks Drive, the company has three manufacturing plants in Texas.
Going South to be in better climes......and better taxes.......and nicer people.............
“...will move its corporate headquarters from Illinois to Houston to:
...avoid the mob tax in IL.
If you love big government, stay out of Texas!
Getting closer to your customer is a good strategy but getting away from the confiscatory Peoples Social Republic of Illinois is a nice side benefit.
I know you're referring to the economic and business environment in a conservative region like Texas, not the weather. ;)
Amen.
You can't fool the Laffer curve.
It gets you every time.
They are.
And the exodus from Chicago Values continues....
I suspect executives in a industry dependent upon the oil and gas industry differ from the average Illinois voter
I love the Texas weather. I grew up in Michigan where it was “9 month of winter and 3 months of poor sledding...”
I love the Texas weather. I grew up in Michigan where it was “9 month of winter and 3 months of poor sledding...”
Houston has pretty good weather overall, except for the occasional hurricane. I live in the Panhandle of Florida, just up the beach..............Just ask Allegra!.............
I’m in Ft. Walton Beach, Florida. Same weather here as there and in New Orleans, Mobile, Pensacola and Panama City. Hot and muggy is a state of mind. Yeah, the humidity is sometimes so thick your glasses fog up every time you walk outside, but that’s just in the summer. Mild winters and moderate climate by the Gulf of Mexico is great as compared to Illinois. I can avoid getting my car stuck in sand. Not as easy in snow...........
Excuse me, but what's the "average Illinois voter"? Except for three geographical areas in our state, Chicago, Champaign-Urbana and the East St. Louis area, we are mainly conservative and vote that way. So, you're really painting with a broad brush. Illinois politics is so overly influenced by Chicago (including many GOP candidates) we have little chance to overcome their crap.
On a tour Bus through Denali National Park in Alaska, the driver said:
"In this area, we do get all four season. Winter is the predominate season. The other three are known locally as June, July and August."
One that elects the predominant members of your state government.
Sure can't, but hey ... Gov. Pat Quinn (D. IL) doesn't understand the Laffer curve anyway. When questioned about it recently, he said "What's the Laffer curve?"
There's "Texas weather," and then there's "Houston weather." A towel is useless 9 months out of the year.
Sounds like pipe makers are serious about the energy biz.
Chicago, not to worry. Many pipe smokers will be moving into downtown.
Do you live here in IL? Doubt you do making a stupid statement like that. Outside Chicago and C(r)ook County, the "collar counties" such as DuPage where this company is are pretty darn RED. DuPage County is one of the most Conservative counties in IL.
Yes, I lived in Houston for about 18 months after growing up in North Central Texas. One thing that stood out is how friendly people in Houston were, despite the crime and grimy humidity.
The weather if fine if you don’t mind being wet all of the time.
Wrong. Your simple mathematical example fails to take in the massive voter fraud that comes out of the locales I named.
Some folks on here just prefer to paint everyone who lives in Illinois with the "Obama brush" I suppose. Ignorant jackasses that they are.
I guess they got tired of “Chicago Values” /s
It just irritates me sometimes when people paint everyone from Illinois with the same broad brush. It’s bad enough having to live under such conditions, let alone not being counted by our fellow patriots.
The company mentioned comes from the Greater Chicago area. The distance from Downers Grove to Downtown Chicago is less than my daily commute.
That’s why I live in Ft. Walton Beach. It’s Houston without the crime.........;^)
You can’t fool the Laffer curve.
It gets you every time.”
Beuhler?
Beuhler?
Anyone?
I bet Texas will turn blue in the next decade. With all these companies moving to Texas from the north, they will be bringing their employers with them (most of them anyway). That is why you are seeing a slow shift in the mid-west to red states and the south will be turning blue. However, we cannot allow Texas to turn blue without California or New York turning red.
Outside Chicago and C(r)ook County
Outside of those two counties there are hardly any people.
I named Chicago, not the greater Chicago area. Downers Grove is 40 miles directly East of me. It’s a suburb, and likely has as many Republican voters as it has Democrats. Also, as a suburb, it falls within Obama’s attack on suburbia.
Just because the company comes from near Chicago doesn’t mean the employees are, by default, Democrats.
You're an ignorant jackass (with all due deference to jackasses everywhere.)
Maybe they didn’t get the special tax discount some of the other Illinois industries received.
I grew up in Michigan and moved to Houston in 1979. I'll second what CMAC51 said. Skipping the Michigan winters more than makes up for the Houston summers. Weather is pretty nice from October through April - and sometime into May.
Moving into a conservative region after growing up in Michigan was like finding a home after being a stranger in my home town all of my life. But the primary reason I came here was that I could not take the Michigan winters.
The kind of people that are brought to Texas as their firm moves there to escape liberalism, taxes, and over regulation, are probably already pretty well hip to the real world consequences of politics, I would think that they would be a net gain for conservatism in Texas, and a counter to immigration.
Outside of those two counties there are hardly any people.
That's the most clueless statement I've seen on FR in quite some time. But then, maybe your intention was to denigrate Illinois patriots. It's one or the other...
That is an interesting website. I never saw it before and enjoyed looking at it. I bookmarked it because I think the information is fantastic. Thank you!!!
I know that governor Hair has been working on this sort of thing for awhile now and has been fairly successful. I know Cat is thinking about expanding more into Texas from Peoria,( they moved some manufacturing down here awhile back), but the big cherry, the kahuna, the big mambo would be the CME. I know it’s impossible, but just think about the CME making noises that they aren’t happy with the mob tax in Ill. Ill is terrible for business and Chicago is the worst, but just imagine CME telling they plan to relocate in Dallas or Houston. It would save them tens of millions if not hundreds of millions in taxes. You know they have got to think about things like that when the numbers get that big. Besides taking a bullet on your lunch break with no carry law. I wonder if Santelli would come with them if they decided to move?
Every state is conservative outside the city (at least most). The problem is if you get rid of the cities in America. You have hardly anybody left. lol.
Last week was in Destin on vacation. I was amazed how many shops have closed up with for sale signs. Notice broken windows boarded up on some. Three years ago it was thriving.
Oddly, the hotels in “Prime” locations were full and had higher room rates than 3 years ago.
Houston economy is robust. We have all kinds of new residents from out of state. Its really reminds me of the early 80’s.
Retired from Alaska to Houston! Love the town!
Retired from Alaska to Houston! Love the town!
I was remarking on that a few weeks back. The ‘For Lease’ and ‘For Sale’ signs are everywhere. The empty storefronts are ubiquitous.
The very wealthy are still enjoying their vacations and taking in the salt air, but they don’t buy trivial trinkets and such like their lower and middle class counterparts. They are more careful with their wealth and will not waste it on junk........
Alaska is beautiful, but it can be a tough place to grow old. Flip down ice picks on the canes not withstanding...
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