Industry of BMT
More than $65 billion is being
invested in the Southeast Texas region
Businesses in Beaumont enjoy Texas' favorable tax climate. Compared to most states, business taxes are extremely low in Texas, and personal income tax is nonexistent. Beaumont is an EPA-designated attainment zone; this means industrial facilities will not be required to install additional pollution control equipment, take limits on production or find reductions in emissions by "offsetting" in order to expand. This reduces start-up costs significantly.
The City of Beaumont is rich in resources and home to some of the largest refineries in the world.
These companies include ExxonMobil, TotalEnergies and Motiva Enterprises which all aim to finds ways to reduce emissions, develop solutions, and transform our energy systems.