Texas Named Top State for Capital Investment for Seven Consecutive Years


The San Francisco Business Times met with Robert Allen, president and CEO of Texas Economic Development Corporation (TxEDC), while he was in the Bay Area pitching the region's high-growth companies on the benefits of expanding in the Lone Star State.

After winning the headquarters of two Bay Area Fortune 500 companies, Texas officials traveled to California to win over the region’s fast-growing small and mid-sized companies. Robert Allen, president and CEO of Texas Economic Development Corporation (TxEDC), met with the San Francisco Business Times to discuss the mission.


(SAN FRANCISCO, February 18, 2019) – Texas executives and economic developers are in San Francisco this week to entice California companies to expand or relocate to Texas. Led by Texas Economic Development Corporation, in partnership with the Office of Governor Greg Abbott, the mission is designed to carry the message that companies can “Go Big in Texas” among an audience of corporate executives, site selectors and others involved in expanding and relocating businesses.


Forbes ranked the Lone Star State No. 1 in the nation for Growth Prospects, thanks to strong job, income and gross state product growth forecasts.

Texas ranked No. 1 for Growth Prospects in Forbes’ Best States for Business 2018 based on favorable growth forecasts for job, income and gross state growth. Right on the heels of this announcement, the Bureau of Labor Statistics published a report that solidified this strong ranking, indicating that several Texas metros saw the largest over-the-year employment increases as of October 2018.


November 15, 2018 | Austin, Texas | Press Release

Governor Greg Abbott today joined local, state and federal officials as well as company leadership for a grand opening and celebration of Cheniere Energy's first cargo shipment of liquefied natural gas (LNG) at their Corpus Christi Liquefaction facility.


Texas secured three No. 1 rankings on Area Development’s Top States for Doing Business 2018, the publication’s ninth annual survey of site selection consultants.

Texas took home the No. 1 spot in three different categories on Area Development’s Top States for Doing Business 2018. In addition to securing three No. 1 spots, Texas finished among the top-10 states in eight categories.


The Lone Star State maintains its No. 1 rank for job creation by foreign and domestic investment projects, according to IBM's 2018 Global Location Trends report.

IBM recently released its annual Global Location Trends report and Texas has successfully defended its No. 1 rank for job creation from foreign and domestic investments projects.


AUSTIN - Governor Greg Abbott today attended the grand opening and ribbon cutting ceremony for Cognizant's new regional technology and service delivery center in Irving, Texas. Announced in November 2017, this new 50,000 square foot facility will create over 1,000 new jobs and $8 million in capital investment. Cognizant currently employs approximately 4,100 people in Texas, including the company’s U.S. operations headquarters located in College Station.


The Lone Star State was ranked among the best of the best after receiving five No. 1 rankings and 48 top-10 spots in Business Facilities’ annual State Rankings Report

Texas secured the No. 1 spot in five different categories in Business Facilities’ annual State Rankings Report. In addition to receiving these top-notch scores, Texas secured 48 top-10 titles. Business Facilities’ rankings demonstrated Texas’ strength in a variety of industries and established the state’s global role in trade and investment.


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.