Amarillo Area of Economic Development

Amarillo Region for Business

An exceptional talent pool and renewable energy infrastructure continue to draw companies to Amarillo, TX.

From its central location within the U.S. and educated workforce, to its strong transportation infrastructure and high quality of life, Amarillo is known for lasting business success. Excellent financial incentives, tax credits and job training help businesses excel, in addition to small business programs, small business loans and grant opportunities. Amarillo’s strong transportation infrastructure and ample land have historically drawn logistics and agriculture companies. Every year, this region continues to diversify across new industries, thanks to an exceptional talent pool and renewable energy infrastructure. With central access to major U.S. markets via two Class I rail lines, a highly skilled workforce, and a cost of living that’s well below the rest of Texas and the country, the Greater Amarillo area is the perfect place for your business.

Rankings

Two women sit and drink coffee while working on their laptops in a busy office setting.

#4 Best Mid-Size City Business Climate (Amarillo)

Business Facilities 2022
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#6 Cities with Lowest Cost of Living in America (Amarillo)

Remitly 2022
Amarillo National Bank stands tall next to other corporate buildings in downtown Amarillo, Texas.

#13 Least Expensive Cities in the Nation (Amarillo)

Kiplinger 2022
The Shelton-Houghton House historical building in Amarillo, Texas

#24 Best Cities to Buy a House in America (Amarillo)

Niche 2022

Amarillo Economic Strengths

Amarillo Economic Strengths

A man wearing glasses works with industrial machinery at Pantex.
A large white and brown campus building at Texas Tech University in Lubbock, Texas
Aerial view of manufacturing facilities in Amarillo, Texas, surrounded by green grassy areas.
  • Business Climate
  • Talent
  • Infrastructure
Business Climate
A man wearing glasses works with industrial machinery at Pantex.

A Healthy Business Climate Supported by Diverse Companies

Amarillo’s strong economy is supported by companies across a range of diverse business sectors.

Major business clusters in the Amarillo area include energy, food processing, health services, manufacturing and retail. Major employers include Bell Helicopter, Cargill, Gestamp Renewable Industries, MWI-Micro Beef, Owens Corning, Pantex and Tyson Foods.

Talent
A large white and brown campus building at Texas Tech University in Lubbock, Texas

A Robust Talent Pool

Regional schools produce talent for the local rural area and nearby metropolitan communities.

Amarillo’s higher education institutions include Amarillo College and Texas Tech University Health Sciences Center at Amarillo. Amarillo College is a public community college that enrolls over 10,000 students across seven campuses. The Texas Tech University Health Sciences Center at Amarillo offers programs in medicine, nursing, pharmacy, pharmaceutical sciences and physical therapy.

Infrastructure
Aerial view of manufacturing facilities in Amarillo, Texas, surrounded by green grassy areas.

Reliable Transportation Via Car, Rail, or Plane

Amarillo provides access to major roadways throughout West Texas for residents as well as company distribution operations.

The I-27 and I-40 highways provide transportation by car in the Amarillo area, while Amarillo International Airport offers efficient domestic and international air travel. Major Class I railroad carrier services offer reliable transportation by rail. Amarillo is also home to a Foreign Trade Zone.