The train isn't official yet but now there's a builder in place. Photo courtesy of JR Central

The high-speed train between Houston and Dallas still needs an official sign-off before it happens, but a builder has been hired for when that day comes.

Texas Central, the developers of the train, have signed a $16 billion contract with Webuild, an engineering contractor company based in Milan.

Previously known as Salini Impregilo, Webuild is one of the largest civil engineering contractors in the world. They'll be working with The Lane Construction Corporation, a global leader in engineering and construction, to lead the civil construction team that will build the Texas rail line.

According to a release, Webuild is active in more than 50 countries on five continents, including Australia, Europe, Asia, and the Americas.

The company has built high-speed train projects in Europe, along with more complex transportation projects such as the expansion of the Panama Canal, the Grand Paris Express, and the Anacostia River and Northeast Boundary tunnels in Washington, DC.

They've worked in the U.S. since the 1980s but were able to expand their presence in 2016 by merging with The Lane Construction Corporation, based in Cheshire, Connecticut.

Webuild Group CEO Pietro Salini calls the commission an honor.

"Being part of such a challenging project as leader of the design and construction of the railway is a unique experience that we are extremely proud of," Salini says. "This is a wonderful opportunity to further focus our presence in the U.S., our biggest single market, together with Lane, the company building first class transport infrastructure for the country for the past 130 years."

According to the contract, Webuild will execute all the heavy construction for the project, designing and building 236 miles of the alignment, nearly half of it on viaduct and much of it elevated to reduce impact on neighbors and landowners.

Webuild will also build all maintenance and industrial buildings, train depots, and facilities.

The system Texas Central Railroad has proposed will replicate the Japanese Tokaido Shinkansen high-speed rail system, operated by the Central Japan Railway Company (JRC) which, in its 55+-year history has transported more than 10 billion passengers with zero operational passenger fatalities or accidents.

The 200-mph train will be a 90-minute ride between Houston and Dallas, with a midway stop in the Brazos Valley.

In May, Texas Central signed a $1.6 billion contract with Kiewit Infrastructure South Co. and affiliate Mass. Electric Construction Co. to install the train's core electrical systems.

The project has had pushback from some Texas politicians and landowners along the route, but the Biden administration is very pro rail, with a $2 trillion infrastructure package that includes modernizing public transit (commuter rail, buses, stations) and improving and expand the nation's passenger and freight rail network. He recently restored funding to a project that would connect San Francisco and Los Angeles.

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The high-speed train now has a new builder onboarded for the project. Photo of the N700 courtesy of © JR Central

The high-speed train planning a Houston-Dallas route now has a builder on board the project

Right on track

The Texas high-speed train that plans to zip between Houston and Dallas still has some obstacles to plow through, but the project now has a builder at least.

Texas Central, the developer of the Texas Bullet Train, has signed a contract with Salini Impregilo, an Italian construction company and one of the largest civil engineering contractors in the world, and its American subsidiary, Lane Construction.

"This agreement brings us one step closer to beginning construction of the civil infrastructure segments of the project," said Texas Central CEO Carlos F. Aguilar, in a release.

The train still can't move forward because it doesn't own all of the land necessary for the route.

But if/when it does get the land, Salini Impregilo will do the following:

  • supply the civil and infrastructure scope, including the design and construction of the viaduct and embankment sections along the entire route
  • install the track system
  • oversee alignment and construction of all buildings and services that will house maintenance and other rail system equipment

Salini-Lane had previously provided front-end engineering and design for the train's civil infrastructure, as well as an analysis of construction costs and schedule estimates.

"Salini-Lane's unmatched track record with rail infrastructure and, very specifically, its world-class high-speed rail expertise across the globe will be central to the completion of America's first end-to-end high-speed rail system," Aguilar says.

Salini's CEO Pietro Salini says in a statement that the company is both thrilled and honored to bring its large-scale railway expertise to the project.

Salini Impregilo is active in more than 50 countries on five continents, with experience building more than 4,000 miles of railway infrastructure around the world. It has built high-speed train projects in Europe and some iconic projects in the world, including the expansion of the Panama Canal.

Although the company has worked in the U.S. since the 1980s, it expanded its presence in 2016 when it merged with The Lane Construction Corporation, a U.S.-based company with almost 130 years of experience in infrastructure work.

The Texas train will be based on Central Japan Railway's Tokaido Shinkansen train system, which is considered the safest mass transportation system in the world.

The system has transported more than 10 billion passengers in 54-plus years, with no fatalities or injuries from operations, and has an impeccable on-time performance record.

It will debut a new train, the Shinkansen N700S, the sixth generation of this train, before the 2020 Olympics.

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This Texas train system is on track to keep operations green, thanks to a Houston-based company. Rendering courtesy of Texas Central

High-speed train hires Houston-based eco company to keep route green

Onboarding

Texas Central, developers of the high-speed train proposed to run between Houston and Dallas, has selected a Houston-based company to oversee the environmental side of the project: Resource Environmental Solutions will help protect and enhance natural ecosystems and the environment throughout construction and operations.

RES will oversee plans to comply with US Army Corps of Engineers' requirements that the project restore, enhance, and preserve wetlands, streams, and environmentally sensitive habitats along the train's route between Houston and North Texas.

According to a release, RES is the largest ecosystem restoration provider in the United States. In the past decade, it has restored more than 58,000 acres of wetlands, enhanced more than 290 miles of streams, and planted more than 14 million restorative trees.

Recent projects include Maurepas Swamp in Louisiana, the Brooks Creek Wetland Mitigation Bank in Bowie County, and the Robinson Fork Stream Mitigation Bank, the largest floodplain restoration project in the northeastern United States.

RES is also working on the Bois d'Arc Lake Mitigation Area, a 16,600-acre reservoir being built in Fannin County to provide water services to 80 communities in North Texas that's the largest permittee-responsible mitigation project in U.S. history. The restoration area encompasses more than 8,500 acres of wetlands, 70 miles of streams, 3,200 acres of native grasslands, and 2,600 acres of non-wetland forests.

RES will help Texas Central meet regulatory requirements for environmental mitigation, collaborating with community leaders to identify local and regional conservation opportunities. The plan includes rebuilding and restoring wetlands and streams in the impacted watersheds, enhancing the viability of sub-watersheds that are close to the route.

Brian Trusty, VP of the Audubon Society, gives a thumbs up, stating that "Audubon believes the project is a win-win opportunity for both Texans and the wildlife in our state."

"Providing large-scale transportation opportunities that work to reduce carbon emissions, while supporting further economic prosperity and connectivity between the Dallas and Houston metro areas, is progressive and forward-looking," Trusty says. "Partnering with RES ensures the project will be done right, and we are thankful to see Texas Central take this step."

The project's scale will allow RES to identify not only isolated pockets along the route that require restoration, but also entire complexes of streams and wetlands suitable for improvement and conservation.

RES will select mitigation sites and designs that collectively improve the ecological functions of broad areas, including some near the Trinity River, Navasota River, Spring Creek, and Cypress Creek.

This environmental work, combined with innovations of an all-electric high-speed train system, will provide the most environmentally friendly travel choice between Houston and North Texas. The train is estimated to remove more than 14,630 cars per day from I-45.

Other ecological benefits:

  • As compared to highway development, for every one mile of high-speed railroad tracks, about 450 acres of farmland will be preserved.
  • The all-electric system will utilize the latest in green technologies, such as regenerative braking systems.
  • Texas will use the newest generation of Shinkansen trains, the N700 Supreme, which consumes seven percent less energy and weighs seven tons less than the previous model. Lighter trains result in less noise, vibration, and impacts on materials and land.
  • The route largely follows existing rights-of-way corridors, resulting in the fewest possible impacts to socioeconomic, natural, physical and cultural environments.

Consistent with Texas Central's commitment to create opportunities for small, minority, women, rural, and veteran-owned businesses, RES has engaged several small businesses to support its work for the project.

RES CEO Elliott Bouillion says in a release that it's possible to achieve both "environmental sustainability and advanced infrastructure."

"Texas high-speed train is an excellent example of how a modern, green infrastructure approach can be harnessed for both ecological and economic benefits," he says.

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This story originally ran on CultureMap.

The high-speed train is chugging along. Rendering courtesy of Texas Central

Houston-to-Dallas high-speed train hires major international operator

All aboard

The high-speed railroad from Houston to Dallas has acquired a key new player that will run day-to-day operations.

Renfe, an international railway company based in Spain, has been hired by Texas Central, the project developers, as the train's operating partner. The selection of Renfe as an operating partner marks another major step forward for the Houston-to-North Texas high-speed railroad.

Texas Central CEO Carlos Aguilar says in a statement that Renfe was chosen after a review of the best railroad operators in the world.

"Renfe has established a reputation for excellence in railroad operation in Spain and across the world, and we welcome them aboard," Aguilar says. "With their decades of expertise, they were a natural fit to join our other partners. Having the operator, the design build, and technology teams all on board and able to collaborate will ensure all aspects of the railroad are integrated and efficient."

A release calls Renfe "one of the world's most significant railways operators," running 5,000 trains daily on 7,500 miles of track. The company is integral to the transport system in its home base of Spain, handling more than 487 million passengers and 19.6 million tons of freight moved in 2017.

Renfe, in partnership with Adif, which manages Spanish railway infrastructure, will be responsible for running the trains; maintaining system components, such as engines, signals, and other equipment; and overseeing ticketing, passenger loyalty programs, and other services.

It will also provide technical advice on the design and construction of the Texas train and assist in the further development of Texas Central's operation and maintenance plans, preparing the railroad for passenger service.

Renfe is one of the biggest companies in Spain, employing nearly 14,000 people and recording revenues of 3.6 billion euros in 2017. Its high-speed systems were used by more than 36 million passengers in 2017. In March, Renfe announced that it had posted a net profit of 70 million euros in 2017, thanks in part to a jump in the number of its high-speed passengers, chalking up five consecutive years of growth.

Renfe president Isaías Táboas says the deal is a boon for Texas and for the Spanish railway industry.

"Texas Central represents a large high-speed train project in a country with high-growth potential, for which the Spanish experience will be of great help," he says. "Both Renfe Operadora and Adif have accumulated years and miles of high-speed railway development with professional teams, extensive experience, and specialized knowledge. We are committed to the success of Texas Central in improving the mobility of Texans and others in the U.S."

The agreement comes about a week after Texas Central engaged multinational firm Salini Impregilo ­– operating in the U.S. market with The Lane Construction Corporation – to lead the civil construction consortium that will build the passenger line, including viaducts, embankments, and drainage.

Spain's first high-speed line between Madrid and Seville was dedicated in 1986 and Renfe's first high-speed service connected the cities in 1992.

Its second high-speed line, from Madrid to Barcelona, was completed in 2007. Renfe also operates high-speed service from Barcelona to Paris, Lyon, and Toulouse in France. Among other major international projects, Renfe operates the recently opened high-speed train between Mecca and Medina, in Saudi Arabia.

The 200-mph train will link Houston and Dallas in 90 minutes, with a midway stop in the Brazos Valley.

The Texas train will be based on the latest generation of Central Japan Railway's Tokaido Shinkansen train system, the world's safest mass transportation system. It has operated for more than 54 years with a perfect record of zero passenger fatalities or injuries from operations, and an impeccable on-time performance record.

Texas Central and its partners are refining and updating construction planning and sequencing, guided by the Federal Railroad Administration's recently released draft environmental impact statement. The FRA now is working on a final environmental review that will help determine the project's timeline and final route.

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This story originally appeared on CultureMap.

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Houston’s 10 most valuable startups revealed in new report

by the numbers

The Greater Houston Partnership has released its list of the 10 most valuable startups that are fueling the city’s growth and entrepreneurial energy, including industry giants like Axiom Space and Fervo Energy.

Currently, Houston hosts more than 1,300 startups in industries such as energy, life sciences, manufacturing and aerospace, according to the GHP. The list ranks its top 10 startups by valuation based on the company’s last private funding round, reflected in Pitchbook data, as of Oct. 20 of this year.

The top 10 list includes:

10. NXTClean Fuels

Valuation: $530 million

NXTClean Fuels builds biofuel refineries that produce renewable fuel by using feedstocks like cooking oil and recycled organic materials.

9. Homebase

Valuation: $660 million

HR tech company Homebase provides employee management software that helps manage and optimize timesheets, payroll and more, with over over 100,000 small businesses and 2 million hourly workers using its product.

8. Zolve

Valuation: $800 million

Zolve is a banking platform that provides customers with access to financial products that aim to be accessible, flexible, and affordable than other financial platforms.

7. Stramsen Biotech

Valuation: $807 million

Stramsen Biotech develops plant-based drug therapies that target both infectious and noninfectious diseases, which include cancer, diabetes, HIV, kidney disease and neurological issues.

6. Octagos

Valuation: $843 million

Healthtech company Octagos has developed a remote cardiac monitoring software driven by AI that helps consolidate patient data in real-time, assisting healthcare professionals in providing quicker, easier and more accurate care.

5. Fervo Energy

Valuation: $1.4 billion

Pioneering geothermal company Fervo Energy combines horizontal drilling and fiber-optic sensing to produce electricity. The company is developing its flagship Cape Station geothermal power project in Utah. The first phase of the project will supply 100 megawatts of power beginning in 2026

4.Cart.com

Valuation: $1.7 billion

Cart.com is an e-commerce giant and logistics solutions provider that was founded in 2020 and obtained unicorn status within just three years.

3. Axiom Space

Valuation: $2.1 billion

Axiom Space is one of the anchor tenants at the Houston Spaceport, and has completed four missions of sending commercial astronauts to the ISS since 2022. In 2027, the company expects to see the first section of its private space station, Axiom Station, launched into low-earth orbit.

2. Solugen

Valuation: $2.175 billion

Solugen replaces petroleum-based products with plant-derived substitutes through its Bioforge manufacturing platform.

1. HighRadius

Valuation: $3.2 billion

HighRadius uses advanced technology to automate and manage accounts receivable processes for businesses worldwide.

The GHP also released its State of Houston’s Tech and Innovation Landscape, which mapped Houston’s digital and innovation sectors. Read the full report here.

Photos: Highlights from the 2025 Houston Innovation Awards

Innovation Awards Recap

The 2025 Houston Innovation Awards season came to a close on Nov. 13 at InnovationMap's annual awards program and networking event.

The fifth annual Houston Innovation Awards celebrated more than 40 innovative finalists and crowned 10 winners across prestigious categories. In the weeks leading up to the event, finalists were profiled in our editorial series spotlights. Read all about this year's winners here.

Finalists, judges, and special guests connected during an exclusive VIP reception before the doors officially opened for the evening. A full house of attendees then gathered to celebrate the best and brightest in Houston innovation right now. The night culminated in an awards program, emceed this year by Lawson Gow, Greentown Labs Head of Houston.

Scroll through the photos below for scenes from the event, including the winners, the guests, and more highlights from the program.

Special thanks to this year's sponsors for an unforgettable evening honoring Houston innovation: Houston City College Northwest, Houston Powder Coaters, FLIGHT by Yuengling, William Price Distilling, and Citizens Catering.

2025 Houston Innovation Awards Winners:

Energy Transition Business of the Year: Eclipse Energy. Photo by Emily Jaschke
2025 Houston Innovation Awards Winners:

2025 Houston Innovation Awards Winners, Continued

Minority-founded Business of the Year: Mars Materials. Photo by Emily Jaschke

2025 Houston Innovation Awards Guests 

Photo by Emily Jaschke

More 2025 Houston Innovation Awards Highlights

Photo by Emily Jaschke

Texas ranks among 10 best states to find a job, says new report

jobs report

If you’re hunting for a job in Texas amid a tough employment market, you stand a better chance of landing it here than you might in other states.

A new ranking by personal finance website WalletHub of the best states for jobs puts Texas at No. 7. The Lone Star State lands at No. 2 in the economic environment category and No. 18 in the job market category.

Massachusetts tops the list, and West Virginia appears at the bottom.

To determine the most attractive states for employment, WalletHub compared the 50 states across 34 key indicators of economic health and job market strength. Ranking factors included employment growth, median annual income, and average commute time.

“Living in one of the best states for jobs can provide stable conditions for the long term, helping you ride out the fluctuations that the economy will experience in the future,” WalletHub analyst Chip Lupo says.

In September, Gov. Greg Abbott announced Texas led the U.S. in job creation with the addition of 195,600 jobs over the past 12 months.

“Texas is America’s jobs leader,” Abbott says. “With the best business climate in the nation and a skilled and growing labor force, Texas is where businesses invest, jobs grow, and families thrive. Texas will continue to cut red tape and invest in businesses large and small to spur the economic growth of communities across our great state.”

While Abbott proclaims Texas is “America’s jobs leader,” the state’s level of job creation has recently slowed. In June, the Federal Reserve Bank of Dallas noted that the state’s year-to-date job growth rate had dipped to 1.8 percent, and that even slower job growth was expected in the second half of this year.

The August unemployment rate in Texas stood at 4.1 percent, according to the Texas Workforce Commission. Throughout 2025, the monthly rate in Texas has been either four percent or 4.1 percent.

By comparison, the U.S. unemployment rate in August was 4.3 percent, according to the U.S. Bureau of Labor Statistics. In 2025, the monthly rate for the U.S. has ranged from 4 percent to 4.3 percent.

Here’s a rundown of the August unemployment rates in Texas’ four biggest metro areas:

  • Austin — 3.9 percent
  • Dallas-Fort Worth — 4.4 percent
  • Houston — 5 percent
  • San Antonio — 4.4 percent

Unemployment rates have remained steady this year despite layoffs and hiring freezes driven by economic uncertainty. However, the number of U.S. workers who’ve been without a job for at least 27 weeks has risen by 385,000 this year, the Bureau of Labor Statistics reported in August. That month, long-term unemployed workers accounted for about one-fourth of all unemployed workers.

An August survey by the Federal Reserve Bank of New York showed a record-low 44.9 percent of Americans were confident about finding a job if they lost their current one.