AUSTIN – Governor Greg Abbott today attended the groundbreaking ceremony for the new Ashley Furniture Industries Southwest Regional Distribution and Fulfillment Center in Mesquite, Texas. During the ceremony the Governor spoke about Texas' thriving economy and thanked Ashley Furniture Industries for their investment in the state and the city of Mesquite.
News Archive: 2017
Governor Greg Abbott today announced that Brakebush Brothers, Inc. will build a new 315,000 square foot processing plant in Greenville, TX. Brakebush Brothers is a family owned business, which has been in operation for 92 years as a processor of chicken products. This new facility is expected to create over 800 jobs in Greenville’s Park West industrial park and will be the second Texas location for Brakebush Brothers. A Texas Enterprise Fund (TEF) grant offer of $780,000 has been extended to Brakebush.
Site Selection speaks with Gov. Abbott about Texas’ recent success.
Texas led the nation in GDP growth during the first quarter of 2017 at 3.9 percent. The Lone Star State also had the largest gain in nonfarm payroll employment in June with an increase of more than 319,000 jobs.
Governor Greg Abbott today attended the groundbreaking ceremony for Charles Schwab's new 70-acre campus in Westlake, Texas. The new campus is expected to create 1,200 jobs and is set to open in 2019. In his remarks during the ceremony, Governor Abbott expressed his gratitude for Charles Schwab's continued investment in Texas.
Texas has held the top business climate ranking since 1999.
Texas has the best business climate in the country, according to a new survey of U.S. corporate executives from Development Counsellors International (DCI). Florida is the runner up, followed by Georgia, South Carolina and North Carolina.
The Lone Star State reports its 14th consecutive month of growth.
The Texas economy expanded with the addition of 5,500 seasonally adjusted nonfarm jobs in August. Texas’ seasonally adjusted unemployment rate fell to 4.2 percent, down from 4.3 percent in July. Annual employment growth for Texas was 2.5 percent, which was more than double the annual growth rate set the previous year.
Global Location Trends: 2017 Annual Report
Texas ranks No. 1 for job creation by foreign and domestic investment projects, according to IBM's 2017 Global Location Trends report. The annual report, which monitors trends in corporate location selection around the world, reports that global foreign direct investment levels increased significantly in 2016, by approximately 10 percent, measured by the number of jobs created.
AUSTIN – Governor Greg Abbott today announced that Pei Wei is moving its global headquarters to Irving, Texas from Arizona. The company was founded by P.F. Chang’s in 2000 and currently has 225 locations and more than 6,000 employees around the world, including 65 locations and an estimated 2,500 employees in Texas. The project will involve a capital investment of more than $1.5 million and the creation of at least 100 jobs. This is the fifth headquarters relocation that Governor Abbott has secured with the help of the Texas Enterprise Fund—Texas’ deal closing fund.
Award Recognizes Indian IT Firm’s Impact on the Lone Star State
TINTON FALLS, NJ - July 20 - Texas is Business Facilities' top-ranked state for Best Business Climate in the magazine's 13th Annual Rankings Report, released today.
Texas has again dominated the field in our 2017 State Rankings Report, achieving top-10 rankings in 17 categories. The Lone Star State, which notched five first-place results, continues to rule the roost in Installed Wind Power Capacity Leaders. With more than 19,000 megawatts of wind energy, TX has installed nearly a quarter of the total U.S. wind power capacity.