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GOV PERRY SAYS LAYNE CHRISTENSEN TO MOVE HQ TO THE WOODLANDS

(The following is a reformatted version of a press release
issued by the Office of the Governor of Texas and received via
electronic mail. The release was confirmed by the sender.) 
Gov. Perry Announces Layne Christensen Co. to Move Headquarters
to The Woodlands, Create 210 Jobs 
December 06, 2012 
Gov. Rick Perry announced Layne Christensen Co. is moving its
global headquarters to The Woodlands, creating 210 jobs and $6.7
million in capital investment. $1.3 million from the Texas
Enterprise Fund (TEF) is being offered to finalize this
headquarters move and job creation. Execution of a state
agreement is contingent upon finalization of local incentives. 
“The Lone Star State continues to fuel the nation, providing the
oil and gas products that keep America running and the job
creation that has helped strengthen our economy,” Gov. Perry
said. “Our commitment to a skilled workforce along with our low
taxes, reasonable regulations and fair courts, are what
companies like Layne Christensen are looking for as they expand
their operations.” 
Layne Christensen Co. is a global water management, construction
and drilling company providing solutions for water, mineral and
energy challenges. Its customers include government agencies,
investor-owned water utilities, heavy civil construction
contractors, oil and gas companies and agribusiness. It is
currently headquartered in Kansas. 
“We are grateful for the interest and support of Gov. Perry, Lt.
Gov. Dewhurst, Speaker Straus, their respective staffs, and the
Texas Enterprise Fund,” President and CEO Rene Robichaud said.
“As the world energy capital, we believe that Houston will
provide an outstanding foundation for both consolidating Layne’s
global leadership team and expanding our operations, most
notably our total water management solutions business for the
oil & gas industry.” 
“We are thrilled to welcome Layne Christensen as the newest
member of The Woodlands area’s corporate community,” The
Woodlands Area Economic Development Partnership CEO Gil Staley
said. “The decision to relocate their corporate headquarters to
our community reaffirms that The Woodlands area is uniquely
positioned to provide the best business environment, from its
vibrant economy to a superior quality of life.” 
The Legislature created the TEF in 2003 and has re-appropriated
funding in every legislative session since then to help ensure
the growth of Texas businesses and create more jobs throughout
the state. TEF projects must be approved by the governor,
lieutenant governor and speaker of the House. The fund has since
become one of the state’s most competitive tools to recruit and
bolster business. To date, the TEF has invested more than $482
million and closed the deal on projects generating more than
64,914 new jobs and more than $17.4 billion in capital
investment in the state. 
(bjh) NY 
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