Beaumont's economic success story started in 1901 after the discovery of oil at Spindletop. Today, surrounded by 3 of the largest 10 refineries in the US and located in an area with $54 billion in projected expansions, Beaumont is a prosperous city offering growth opportunities for any industry.
The city is approximately
90 miles east of Houston and 60 miles west of Louisiana, providing businesses with access to more than 2.5 million people within a two-hour drive.
Employment in Beaumont, Texas has been growing at an annual rate of 2.04%, from 49,278 employees in 2014 to 55,410 employees in 2018.
7 highways, 3 airports, multiple waterways, and railroads connect Beaumont with regional, national, and global commercial hubs, yet Beaumont's average commute time is a relatively low 18 minutes.
Businesses in Beaumont enjoy Texas' favorable tax climate, in addition to other local incentives. Also, compared to most states, business taxes are extremely low in Texas.
Beaumont boasts Lamar University, a four-year institution, and a top-ranked public technical school, Lamar Institute of Technology, as well as a breadth and depth of PK-12 options.
Quality of Life
In addition to its cultural and entertainment offerings, Beaumont is the fourth most affordable city in the state of Texas and the eleventh
city with the lowest cost of living in America
With Beaumont being home to the Port of Beaumont, the 5th largest port in the nation in terms of tonnage; ExxonMobil, which is projected to be the largest refinery in the US once its expansion project is completed; and with easy access to waterways, railways, interstate highways, pipelines
and terminals, we are strategically positioned for growth not only within the US energy industry but with complimentary activity. Our low cost of living, existing infrastructure and available land offer a competitive cost of entry for companies looking to expand operations to Southeast Texas.
- Bill Allen, Greater Chamber of Commerce President/CEO