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• U.S. subsidiaries in Texas play a vital role in supporting jobs. They now employ 344,600 Texans.
• Texas has proven to be an attractive location for international employers, ranking 3rd in the United States in the number of employees supported by U.S. subsidiaries.
• In fact, the relative portion of jobs in the state supplied by U.S. subsidiaries remains significant. They provide the livelihood for 4.2% of Texas’s private-sector workforce.

• U.S. subsidiaries support 84,200 manufacturing jobs in Texas. Manufacturing companies tend to have a strong “multiplier” effect on the economy—stimulating a substantial amount of activity and jobs in other sectors through their demand for inputs from other suppliers.
• More than 9% of manufacturing jobs in Texas are supported by U.S. subsidiaries.
• U.S. subsidiaries’ employment in Texas is heavily concentrated in manufacturing. Nearly 25% of these jobs are in manufacturing industries.

• U.S. subsidiaries consistently support millions of American jobs. They now employ 5.1 million Americans-or 4.4% of private sector employment.
• U.S. subsidiaries support an annual payroll of $335.9 billion.
• U.S. subsidiaries provide an average compensation per U.S. worker of $66,042; this is 32% higher than compensation at all U.S. companies.
• U.S. subsidiaries also spent $121 billion on plant construction and new equipment.
• U.S. subsidiaries' share of U.S. manufacturing employment represents almost 11% of American manufacturing jobs.

Last year, BP, a U.S. subsidiary of a British company, broke ground for a new 250 megawatt (MW) steam turbine power generating plant at its Texas City refinery site. The new $100 million unit will boost the total electricity generating capacity located at the Texas City refinery site to 1,000 MW as well as reduce emissions and improve both energy and operational efficiency. "[T]he new steam turbine generator will more fully utilize refinery fuel gas and boost operational flexibility by separating power production from steam production. It will improve efficiency, environmental performance and safety at the refinery," said Plant Manager and Business Unit Leader Colin Maclean. The plant construction is expected to be completed in 2008.