|Exxon Mobil Expands Jobs Campus to 10,000|
|by Tom McGregor||Wed, Jun 6, 2012, 08:11 PM|
The oil & gas industry in the Lone Star state has become a major source of new jobs’ growth despite the nation suffering from the gloom and doom of the Obama Recession.
The Houston Chronicle reports that, “Exxon Mobil Corp. is planning a major expansion of its corporate campus under construction near The Woodlands, (Houston, Texas) bringing thousands more workers to the area and deepening the economic impact the complex is expected to have on the region.”
The oil and gas giant announced Wednesday that an additional 2,000 employees – many from out of state – would be housed in the new development near Hardy Toll Road and Interstate 45.
According to the Houston Chronicle, “most of the jobs will come from the company’s offices in Fairfax, Va. Where Exxon Mobil employs about 2,100 people. Additional positions will relocate from Akron, Ohio, and around the Houston area. In total, the complex will house 10,000 people when it opens in 2015. About 8,000 are being consolidated from Houston-area offices.”
Economist Barton Smith explained that the new jobs would create a “multiplier effect” on the region, since the region could see twice as many jobs due to increased spending from relocating Exxon Mobil employees.
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