3 Houston employers clock in among Fortune's 100 best companies to work

best of the best

Three Houston companies have been recognized for their superior work environments. Getty Images

Hunting for a job in Houston? A new ranking from Fortune magazine suggests you might consider three local companies.

Camden Property Trust, David Weekley Homes, and Hilcorp Energy Co. all rank on Fortune's 2020 list of the 100 Best Companies to Work For, published February 18.

Fortune bases its annual list of the best workplaces on a nationwide study done by analytics firm Great Place to Work. This time around, the study featured input from more than 4.1 million U.S. workers who responded to over 60 survey questions.

Houston-based apartment owner and operator Camden Property Trust comes in at No. 18, an improvement over last year's rank of 19. The real estate owner and operator is known for a lighthearted corporate culture that has seen executives willing to poke fun at themselves and others at company events and celebrations, according to the list.

Camden Property Trust continues to be one of Houston's best places to work. Camden Property Trust/Facebook

There are also perks to working for an apartment landlord; 44 percent of employees live in Camden-owned apartments and take advantage of a 20 percent rent-discount benefit that collectively saves them more than $1.9 million per year.

Not far down the list, at No. 23, is Houston-based homebuilder David Weekley Homes, which makes a big leap over last year's rank of 41. Family comes first at this nationwide homebuilding company, says the report. Prospective employees often participate in Key Influencer Visits, where they are interviewed (often in their homes) alongside family members or close friends to help hiring managers better understand their personalities and backgrounds.

There's also an internship program designed specifically for employees' children and a discount on homes sold to staffers and their family members (a set percentage based on tenure). One worker says, "It really exemplifies how the company puts the employees first, even before customers."

New to the list this year is Houston-based oil and gas production company Hilcorp Energy Co. The largest privately held oil and natural-gas production company in the U.S., Hilcorp challenges its employees to think in terms of Big Hairy Audacious Goals, the lofty performance goals it sets every five years. For every BHAG met, employees are rewarded with significant cash bonuses and even new cars.

To meet these goals, CEO Greg Lalicker believes, total transparency is a must, from frontline employees to the CFO, according to the report. All financials, cash flow, investments, oil- and gas-price impacts, BHAG progress reports, and other critical information are shared in monthly, companywide "lifting cost" meetings. "It blows your mind to be in your first lifting-cost meeting and hear supersecret information," recalls one new hire.

Five other Texas-based employers also appear on this year's list:

  • No. 15. - Arlington-based Texas Health Resources ranks first among Texas-based employers and 15th nationwide on Last year, the organization ranked ninth nationwide.
  • No. 55. - San Antonio-based financial services provider USAA. Last year's rank: 30.
  • No. - 66. Dallas-based Ryan LLC, a provider of tax software and services. Last year's rank: 52.
  • No. 86. - San Antonio-based oil pipeline and terminal operator NuStar Energy LP. Last year it was unranked.
  • No. 88. - Dallas-based Encompass Health Home Health & Hospice, part of Birmingham, Alabama-based Encompass Health Corp. Last year's rank: 54.

Nationwide, McLean, Virginia-based Hilton Worldwide Holdings Inc. ranks first on this year's Fortune list, followed by Weston, Florida-based Ultimate Software Group Inc., Rochester, New York-based Wegmans Food Markets Inc., San Jose, California-based Cisco Systems Inc., and Pleasanton, California-based Workday Inc.

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This article originally ran on CultureMap.

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Pharmaceutical giant plans $5.9B Houston facility and more news to know

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Editor's note: It's time to look back at the top Houston innovation news from the second half of May 2025. From exciting VC raises to major manufacturing facilities in the works, here are the most-read InnovationMap stories from May 16-30.

1. Pharmaceutical giant looks to bring $5.9 billion facility to Houston

Eli Lilly is looking to build an active pharmaceutical ingredient manufacturing facility at Generation Park. Rendering courtesy of McCord

Pharmaceutical company Eli Lilly and Company is looking to build a $5.9 billion active pharmaceutical ingredient (API) manufacturing facility in Houston, according to a recent filing with the state of Texas.

The proposal states that the project plans to employ 604 full-time direct employees at the site upon ramp-up completion. Construction is projected to begin in 2026, with a completion target of 2030 and commercial operations beginning in 2031. Continue reading.

2. Houston VC firm closes $21M fund for underrepresented founders

Zach Ellis, founder and general partner of South Loop Ventures, which recently closed its debut fund. Photo via LinkedIn

Houston-based South Loop Ventures recently closed its debut fund for more than $21 million, led by investments from Rice Management Company and Chevron Technology Ventures.

The funds will go toward teams with at least one underrepresented founder of color working in the energy, health, space, sports and fintech sectors. Additional investments came from The Great Commission Foundation of the Episcopal Diocese of Texas, Texas CapitalBank and others organizations. Continue reading.

3. Houston-founded startup raises $1.2M and moves headquarters to Detroit

ChurchSpace, founded in Houston by Day Edwards and Emmanuel Brown, is moving to Detroit. Photo courtesy ChurchSpace.

Houston-founded ChurchSpace, known as the Airbnb for churches, has formed an official partnership with the City of Detroit and will relocate its headquarters.

The announcements come as the company successfully closed a $1.2 million oversubscribed funding round. The round was led by California-based Black Ops Ventures, with participation from Michigan Rise and Dug Song of Minor Capital, who is also the founder of the Song Foundation, another Michigan-based organization. Continue reading.

4. Houston aerospace co. soars with first U.S. test flight of hypersonic engine

Venus Aerospace successfully completed the flight test of its hypersonic engine, the first of an American-developed engine of its kind. Photo courtesy Venus Aerospace

Houston-based Venus Aerospace successfully completed the first U.S. flight test of its proprietary engine at a demonstration at Spaceport America in New Mexico.

Venus’ next-generation rotating detonation rocket engine (RDRE) is supported by a $155,908 federal Small Business Innovation Research (SBIR) grant from NASA and aims to enable vehicles to travel four to six times the speed of sound from a conventional runway. The recent flight test was the first of an American-developed engine of its kind. Continue reading.

5. Houston regenerative medicine company expands lab for future trials

FibroBiologics has opened a new 10,000-square-foot Houston lab to scale up research efforts and pave the way for in-house manufacturing. Photo via Fibrobiologics.com

A Houston regenerative medicine company has unveiled new laboratory space with the goal of expanding its pioneering science.

FibroBiologics uses fibroblasts, the body’s most common type of cell, rather than stem cells, to help grow new cells. With its new space, the publicly traded company, which has more than 240 patents issued or pending, will be even better equipped to power forward with its research. Continue reading.

Houston university to launch artificial intelligence major, one of first in nation

BS in AI

Rice University announced this month that it plans to introduce a Bachelor of Science in AI in the fall 2025 semester.

The new degree program will be part of the university's department of computer science in the George R. Brown School of Engineering and Computing and is one of only a few like it in the country. It aims to focus on "responsible and interdisciplinary approaches to AI," according to a news release from the university.

“We are in a moment of rapid transformation driven by AI, and Rice is committed to preparing students not just to participate in that future but to shape it responsibly,” Amy Dittmar, the Howard R. Hughes Provost and executive vice president for academic affairs, said in the release. “This new major builds on our strengths in computing and education and is a vital part of our broader vision to lead in ethical AI and deliver real-world solutions across health, sustainability and resilient communities.”

John Greiner, an assistant teaching professor of computer science in Rice's online Master of Computer Science program, will serve as the new program's director. Vicente Ordóñez-Román, an associate professor of computer science, was also instrumental in developing and approving the new major.

Until now, Rice students could study AI through elective courses and an advanced degree. The new bachelor's degree program opens up deeper learning opportunities to undergrads by blending traditional engineering and math requirements with other courses on ethics and philosophy as they relate to AI.

“With the major, we’re really setting out a curriculum that makes sense as a whole,” Greiner said in the release. “We are not simply taking a collection of courses that have been created already and putting a new wrapper around them. We’re actually creating a brand new curriculum. Most of the required courses are brand new courses designed for this major.”

Students in the program will also benefit from resources through Rice’s growing AI ecosystem, like the Ken Kennedy Institute, which focuses on AI solutions and ethical AI. The university also opened its new AI-focused "innovation factory," Rice Nexus, earlier this year.

“We have been building expertise in artificial intelligence,” Ordóñez-Román added in the release. “There are people working here on natural language processing, information retrieval systems for machine learning, more theoretical machine learning, quantum machine learning. We have a lot of expertise in these areas, and I think we’re trying to leverage that strength we’re building.”

Houston biomanufacturing accelerator adds pilot plant to support scale-ups

new digs

Houston accelerator BioWell announced this month that it has taken over operations of Texas BioTechnology’s pilot plant in Richmond, Texas.

The 33,000-square-foot facility is one of the largest of its kind in the U.S. and features molecular biology labs, advanced automation, fermentation equipment and 16 dedicated benches for early-stage industrial biomanufacturing companies, according to a release from the company. It will allow BioWell to offer on-site education, workforce development, and lab training for students and workers.

BioWell and its founding company, First Bight Ventures, report that the facility should help address the industry's "scale-up bottleneck due to limited pilot- and demonstration-scale infrastructure" in the U.S.

"As a Houston-based accelerator dedicated exclusively to early-stage biomanufacturing startups, partnering with this facility was a natural and highly strategic decision for us. The site is fully operational and offers a strong platform to support biomanufacturing companies, industry leaders, and research institutions, providing critical expertise and infrastructure across a broad range of biotechnology production processes,” Veronica Breckenridge, founder of First Bight Ventures and BioWell, said in a news release.

First Bight Ventures shares that the partnership with the facility will also allow it to better support its portfolio companies and make them more attractive to future investors.

BioWell will host an open house and tours of the fermentation and lab spaces and an overview of current bioindustrial projects Wednesday, May 28, at 10:30 a.m. and 2 p.m. RSVPs are required.

BioWell was originally funded by a $700,000 U.S. Economic Development Administration’s Build to Scale grant and launched as a virtual accelerator for bioindustrial startups. Listen to an interview with Carlos Estrada, head of venture acceleration at BioWell, here.

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