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Also, since 1920 Krupp held 31.8% of Bofors stock through its Swedish subsidiary AB Boforsintressenter despite a 1916 law prohibiting foreigners from having over 20% stock of a Swedish business. As a result of such a collaboration, Bofors prospered, and by the early 1930s it employed ~2800 people (not counting the supply subsidiaries). [15]
Fortune 500 companies based in Houston [1] Rank Company name 12: ExxonMobil: 48: Phillips 66: 60: Sysco: 105: Enterprise Products Partners: 106: Hewlett Packard ...
Motiva Enterprises, LLC is an American company that operates as a wholly owned US subsidiary of Saudi Aramco. Headquartered in Houston , Texas , it had revenue of $37 Billion. [ 5 ] Motiva operates as a distributor of Shell and 76 branded gasolines within its operating territory.
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In September 2019, the company acquired SemGroup for $5 billion. [15] In January 2020, former Energy Secretary Rick Perry rejoined the company's board. [16] In August 2023, it was announced Energy Transfer had signed a definitive agreement to acquire its Houston-headquartered rival, Crestwood Equity Partners for approximately $7.1 billion. [17]
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In 1994, the company began operations in Egypt by acquiring a 25 percent non-operated interest in the Qarun Concession, operated by the Phoenix Resource Companies. Production began in December 1995. [13] In 1995, the company acquired Dekalb Energy Canada, marking the company's return to Canada, in a $285 million stock transaction. [14]
CDI Corporation is a privately held US company providing engineering, procurement, construction management and staffing services to clients in a range of industries including energy, chemical, semiconductor and battery manufacturing. As of 2022, the company employed more than 450 employees. The company is headquartered in Houston, TX.