They own several hundred acres slightly northwest of Houston. It’s a brilliant location: major airport hub, gateway city to Latin America, solid (but often hot) weather, far enough from the coast to mitigate serious hurricane risk, low costs, large labor pool.
But it takes years and years for these things to happen, if they ever happen.
The land purchase was probably 9 years ago, but with these companies, the price of that sort of land is often just a rounding error, so it’s possible they’ve bought land all over the place to keep options open.
But it takes years and years for these things to happen, if they ever happen.
The land purchase was probably 9 years ago, but with these companies, the price of that sort of land is often just a rounding error, so it’s possible they’ve bought land all over the place to keep options open.