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The two companies announced Monday they have reached a definitive agreement under which Halliburton will acquire all the outstanding shares of Baker Hughes in a stock and cash transaction.

Several local officials gathered Oct. 15 to celebratethe groundbreaking of Lone Star College System’s new Creekside Center at the corner of West New Harmony Trail and Kuykendahl Road.

“We place our centers strategically and make sure that all of our community has reasonable access,” LSCS Chancellor Steve Head said. “What you’re going to be seeing here is not only workforce training but the academic piece of it too. [Students are] going to be ready for either academic transfer or the workforce. It’s as simple as that.”

 The city of Tomball is pursuing infrastructure improvements to FM 2920—the city’s major east-west thoroughfare—as well as building and planning for alternative east-west corridors designed to increase mobility and reduce congestion through the city.

Community leaders and industry leaders came together to take a step into Tomball’s future on Thursday, May 15.

The Tomball Economic Development Corporation hosted a groundbreaking ceremony for its 120-acre Business and Technology Park site May 6.

Officials from the city of Tomball and the TEDC, along with other area officials, were on hand to celebrate the groundbreaking ceremony on a project that has been three years in the making.

The Baker Hughes Western Hemisphere Education Center is set to open within the next couple of months in Tomball and is expected to not only bring tens of thousands of employees through the facility each year, but also to net millions of dollars in revenue for the city in its first 10 years. 

Tomball is also garnering interest from a number of developers looking to build hotels and further develop the city’s east side, an area of town that has remained mostly undeveloped. 

Higher education institutions such as Lone Star College are rising to meet demand in the oil and gas industry with new facilities and programs available to prepare students to enter the workforce.

In 2012, 43,000 new jobs were added to the oil and gas industry in Texas, according to the Greater Houston Partnership, but there has also been an exodus of workers because of retiring baby boomers.

 The J. Beard Real Estate Company and Toll Brothers home builders announced plans to develop a 600-acre master-planned community east of FM 2978 and north of Spring Creek.

The community will feature about 900 luxury homes, with lots becoming available in early 2015, said Karl Mistry, division president for Toll Brothers.

“This acquisition reflects the thriving economic growth of the Houston market with the migration of large energy companies to the area and the expansion of the Grand Parkway,” Mistry said. 

With less than two years remaining until the completion of the 38 miles of the Grand Parkway from Hwy. 290 to Hwy. 59, construction is well underway at Hwy. 249 and I-45, as well as other existing major thoroughfares.

The Baker Hughes Western Hemisphere Education Center is set to open within the next couple of months in Tomball and is expected to not only bring tens of thousands of employees through the facility each year, but also to net millions of dollars in revenue for the city in its first 10 years.

Tomball is also garnering interest from a number of developers looking to build hotels and further develop the city’s east side, an area of town that has remained mostly undeveloped.

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