China is the second-largest economy in the world and Chinese investments in Texas have soared in recent years. These following 5 companies are good examples in Texas.
Huawei is a leading global information and communications technology (ICT) solutions provider. Huawei solutions have been deployed by 45 of the world’s top 50 telecom operators, and its technology helps make communication possible for one-third of the world’s population. Ranked No. 2 in the world among ICT providers, Huawei’s global revenues reached $28 billion in 2010.
Huawei opened its USA headquarters in Plano, Texas in 2001. Each year, Huawei invests about 20% of its U.S. revenue into local R&D. In 2010, its U.S. R&D investment totaled $135 million. Its innovations are central to important cutting-edge technologies, including ultra-broadband solutions, such as 100G super-fast data transmission, and LTE and WiMAX wireless networks.
Huawei Technologies USA Headquarters
5700 Tennyson Parkway, Suite 500
Plano, TX 75024
Tel: +1 214-919-6000
Fax: +1 214-919-6601
Huawei Device USA Headquarters
5700 Tennyson Parkway, Suite 600
Plano, TX 75024
Tel: +1 214-919-6688
Fax: +1 214-919-6617
Goldwind is an international, multi-faceted wind power company based out of Beijing, China. Goldwind was founded in 1998 in Urumqi, Xinjiang and became a joint stock limited liability company in 2001. With strong international R&D capabilities and extensive experience in the wind farm development, Goldwind has become a global leader in manufacturing wind turbine generators (WTGs) and provider of comprehensive wind power solutions.
As of December 31, 2012, Goldwind’s accumulated wind power installations exceeded 15 gigawatts, and it has installed more than 12,000 wind turbine units around the world. That wind power generation capacity is equivalent to 12 million tons of coal saved per year or 29.91 million tons of carbon emissions reduced per year or 16.4 million cubic meters of newly planted forest.
Goldwind Americas, a Chicago-based subsidiary of Xinjiang Goldwind Science & Technology Co. Ltd., has signed an agreement with Renewable Energy Systems Americas Inc. (RES) to acquire the 160 MW Rattlesnake Wind Project, located in McCulloch County, Texas. Located approximately 125 miles northwest of Austin, the project will utilize 64 Goldwind 2.5 MW permanent magnet direct-drive wind turbines. According to Goldwind, this 160 MW development represents the first phase of an expected 300 MW wind project, which will be constructed under a balance-of-plant agreement by RES.
ZTE is a large-scale international communication enterprise who ranks No.5 in the equipment manufacturing industry and No.4 in the mobile manufacturing industry. ZTE also specializes in providing customized ICT solution and has been operating in the service operator & private network market for over 20 years. Based on the leading technologies, ZTE aims to provide safe, complete, comprehensive, and customized solutions and services for governments and enterprises.
ZTE USA, headquartered in Richardson, Texas, is a subsidiary of ZTE Corporation, a global provider of mobile devices, telecommunication systems, and enterprise solutions. Operating since 1998, ZTE USA is dedicated to making cost-efficient, quality communication technology accessible to all. ZTE is ranked by independent industry analysts as the fourth-largest supplier of mobile devices in the U.S., and second-largest supplier of prepaid devices.
- Blue Wale
Blue Whale Energy North America Corporation (BWENA) is a US subsidiary of Yantai Xinchao Industry Co., Ltd. (“Yantai Xinchao”) based in China. BWENA is engaged in the acquisition of upstream oil and gas properties in the United States and Canada. Acquisitions are primarily focused on oil weighted properties with a strong cash flow base which provides capital funding for future exploration and production projects. BWENA has established a Houston, Texas based acquisitions team with strong technical backgrounds and ties to the United States and Canadian oil and gas industry. Through year end 2015 BWENA has successfully closed approximately $1.5 billion in transactions.
Unlike other Asian companies that bought stakes in U.S. energy prospects in recent years, Xinchao is seeking so-called operated positions, or deals that give it primary authority over everything from how deep to drill to how intensively to frack each well.
Their investment model recognizes that real value creation comes in the form of development drilling, thus they target assets with a significant inventory and existing cash flow to help fund future drilling opportunities. Their current acquisition efforts are focused towards onshore, oil weighted assets in North America, both conventional and unconventional. The final component to their model is operating control. This allows their operating team to effectively manage the asset development plan including capital allocation and pace of activity.
- TPCO America
Tianjin Pipe (Group) Corporation (TPCO) has been supplying seamless steel pipe to major international oil and gas companies for two decades, including companies throughout the U.S. Gulf Coast region. Established in 1993 in Houston, Texas as a subsidiary of Tianjin Pipe International Economic & Trading Corp., TPCO Enterprise, Inc. is a window of the group in the North and South American Continents, supporting the mill’s operation in China with supply of spare parts and materials from USA, and promoting the sales and distribution of TPCO products in these areas.
TPCO America is currently building a state-of-the-art seamless steel pipe manufacturing facility in the heart of the US energy market. Located on a 253 acre site east of Gregory, Texas, TPCO America is the largest single investment by a Chinese company in a US manufacturing facility. Utilizing Best Available Control Technology, TPCO America will rely on natural gas and electricity to maximize environmental protection.
At full capacity, TPCO America will require 600-800 full time employees to reach maximum production of 500,000 metric tons of 4″ – 10 3⁄4″ seamless steel pipe annually. According to a preliminary study, the total economic impact of the TPCO America project will reach $2.7 billion dollars in the first decade.
该公司在满额生产能力下，将雇佣600-800全职员工以达到年产50万吨4″ – 10 3⁄4″无缝钢管最大产能。根据初步研究，天津钢管集团股份有限公司美国公司将在第一个十年内达到27亿美元的经济效益。
TPCO America Corp.
5431 Highway 35, Gregory, Texas 78359