News

07/11/2018

The Lone Star State secured the top spot in CNBC's rankings after a strong year of economic growth and the addition of over 350,000 jobs

Texas claimed the No. 1 spot in CNBC's annual Top States for Business ranking, thanks to its strong economy, infrastructure and talented workforce. Since CNBC introduced the ranking in 2007, Texas is the first state to clinch the No. 1 spot four times and has never finished outside the top five states.

05/08/2018

May 8, 2018, Austin, Texas -- The Texas Economic Development Corporation (TxEDC) and Accenture announced a partnership to position Texas as the business destination of choice for innovation. The collaboration is a three-year commitment to advance the economic vision for Texas, particularly as it relates to the role of innovation and digital technologies.

05/02/2018

Rated No. 4 in Workforce Quality and No. 3 in Taxes & Regulation Categories

STAMFORD, Conn., May 2, 2018 – Texas was ranked as the No. 1 state for business for the 14th straight year in Chief Executive magazine’s 14th annual Best & Worst States for Business survey, which was released today. The Chief Executive rankings reflect CEO perceptions of best and worst states based on a range of key measures.

03/27/2018

Governor Greg Abbott today visited Wipro’s Electronic City facility in Bengaluru, India, and joined senior executives to announce the company's new Texas Technology Center in Plano, Texas. The Texas Technology Center will primarily be used to develop new capabilities in emerging technologies for some of the nation’s top innovators. The latest facility will house Wipro’s U.S. cyber security center and advanced analytics hub. The state-of-the-art, 45,000-square feet center will initially employ 150 people, with plans to increase that number in the coming years.

03/26/2018

Governor Greg Abbott today visited JSW Group Global Headquarters in Mumbai, India, and signed a Memorandum of Cooperation to develop and augment the steel industry in Texas. With this agreement JSW Steel (USA) Inc. has agreed to consider an investment of $500 million in phases in developing its steel manufacturing infrastructure in Baytown, Texas. This investment will be used to expand the company's Plate & Pipe Mill unit. A Texas Enterprise Fund (TEF) grant offer of $3.4 million has been extended to JSW Steel (USA) Inc.

03/05/2018

Texas Wins the 2017 Governor's Cup

The Lone Star State Earns the Most Consecutive Awards for New and Expanded Corporate Facilities of Any State

Texas has won Site Selection Magazine's Governor's Cup award, recognizing the Lone Star State for attracting the most qualified projects of any state in 2017.

02/16/2018

CORPUS CHRISTI’S EXXONMOBIL-SABIC PROJECT RECOGNIZED IN BUSINESS FACILITIES’ ANNUAL PROJECT RANKING

Corpus Christi Regional Economic Development Corporation has won the Bronze in Business Facilities' 2017 Economic Development Deal of the Year Awards for the $10 Billion ExxonMobil-SABIC ethane cracker.

02/14/2018

Statewide Honor Recognizes Economic Impact and Achievement

AUSTIN, Texas, February 14, 2018 – Greater Waco Chamber was honored yesterday with the presentation of the “Elevate Texas” award by the Texas Economic Development Corporation, the organization that markets the state as one of the world’s top locations for business.

12/08/2017

AUSTIN – Governor Greg Abbott today announced that Gartner, Inc. will be expanding its presence in Irving, Texas bringing 800 new jobs and over $12 million in investment to the area over the next several years. Gartner is a world leading research and advisory company that employs 15,000 associates with clients in more than 100 countries. The Governor thanked Gartner for their growing investment in Texas, and the Irving community. A Texas Enterprise Fund (TEF) grant offer of $3.9 million has been extended to Gartner.

12/06/2017

AUSTIN – Governor Greg Abbott today announced that Golden State Foods Corporation will be opening a new manufacturing and distribution facility for its Liquid Products Division in Burleson, Texas. Golden State Foods is one of the largest diversified suppliers to the Quick Service Restaurant and retail industries. The company services more than 125,000 restaurants and stores on five continents from its 50 locations.

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