Economic Prosperity

The economic prosperity of a city, state or nation is largely dependent on the amount, and type, of business being conducted there. Payroll, taxes and corporate purchases all contribute significantly to economic health — and, indirectly to infrastructure, civic institutions and culture. In this section we have tried to share some key indicators of our impact on the Houston Operations community as well as of the economic performance of the site.

Here are some key indicators of our impact on the local community:

Capital Expenditures

Data not available 1994 – 1995.

Production

Data not available 1994 – 1995.

Local Purchasing

When it comes to local purchases, we face a very difficult trade-off. As a competitive, global enterprise, we have a responsibility to actively manage our costs to a minimum. For certain products this means consolidating purchases and buying in great volume independent of the location of the supplier. However, there are other products and services that by their very nature will be bought locally, such as contract labor and certain maintenance activities. Dow's local purchasing department works closely with local suppliers to educate them about our strategic purchasing requirements.

Payroll

Data not available 1994 – 1995.

Taxes

Taxes paid by a company to the various authorities are an important part of our economic "footprint" in a country. In 2005 the various Dow subsidiaries around the world paid $1,600 Million USD in Corporate Income Tax, Property Taxes, Employer's portion of Payroll Taxes and various other non-income taxes.


Letter from the Site Leader 2015 Sustainability Goals About Us Economic Prosperity Environmental Stewardship Corporate Social Responsibility Dow Corporate Report 2005 Dow Public Reports from Around the World 2005 The Dow Houston Operations Public Report 2005		Economic Prosperity The economic prosperity of a city, state or nation is largely dependent on the amount, and type, of business being conducted there. Payroll, taxes and corporate purchases all contribute significantly to economic health — and, indirectly to infrastructure, civic institutions and culture. In this section we have tried to share some key indicators of our impact on the Houston Operations community as well as of the economic performance of the site. Here are some key indicators of our impact on the local community: Capital Expenditures Data not available 1994 – 1995. Production Data not available 1994 – 1995. Local Purchasing When it comes to local purchases, we face a very difficult trade-off. As a competitive, global enterprise, we have a responsibility to actively manage our costs to a minimum. For certain products this means consolidating purchases and buying in great volume independent of the location of the supplier. However, there are other products and services that by their very nature will be bought locally, such as contract labor and certain maintenance activities. Dow's local purchasing department works closely with local suppliers to educate them about our strategic purchasing requirements. Payroll Data not available 1994 – 1995. Taxes Taxes paid by a company to the various authorities are an important part of our economic "footprint" in a country. In 2005 the various Dow subsidiaries around the world paid $1,600 Million USD in Corporate Income Tax, Property Taxes, Employer's portion of Payroll Taxes and various other non-income taxes.
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