The Woodlands, Texas – (August 30, 2024) – Howard Hughes Holdings Inc. (NYSE: HHH) today announced that CB&I, a wholly owned unrestricted subsidiary of McDermott, will relocate its regional and global headquarters to Hughes Landing® in The Woodlands®. The 135-year-old company is the world’s leading designer and builder of energy-related storage facilities, tanks and terminals, and will move more than 150 of its 4,000 global employees into its new Class A office space at 1725 Hughes Landing beginning in September 2024.
CB&I—or Chicago Bridge & Iron Company, as the business was known for much of its long history—will occupy approximately 43,000 square feet at Hughes Landing, which features fitness facility options, access to walking trails, and an array of local restaurants. The location in The Woodlands also provides convenient access to I-45 and is close to many of CB&I’s customers, making it ideal for clients, customers, suppliers and other visitors. This is a return to The Woodlands for CB&I, which was headquartered in the community until 2018.
“Companies relocating to The Woodlands are a gratifying testimony to our commitment to creating a sustainable and business-friendly environment, complemented by world-class amenities and nature,” said Jim Carman, President of the Houston Region, Howard Hughes. “Great companies continue to recognize the advantages of relocating to The Woodlands, providing exceptional quality of life for their employees. We appreciate CB&I trusting Howard Hughes and The Woodlands with their new corporate home.”