Texas Named Business Facilities’ 2019 State of the Year
Business Facilities named Texas its 2019 State of the Year, making Texas the first state to win the honor four times. Texas’ “dominance of the economic development landscape” resulted in top 10 results in 15 categories and #1 results in Installed Wind Power Capacity, FTZ Activity (Imports and Exports), and Cybersecurity Growth Potential.
The report cited “a bonanza of new investments in projects creating thousands of new jobs in a diverse group of growth sectors throughout the Lone Star State.” The award is based on top capital investment projects for 2019, job creation, and economic development growth strategy.
BF Editor in Chief Jack Rogers said, “As we ring in 2020, it’s time to acknowledge that Texas has by far been the most prolific economic development success story of the decade just ended. With a rapidly expanding skilled workforce and leadership in a diversified set of growth sectors, Texas will be sitting tall in the saddle for years to come.”
Texas Governor Greg Abbott responded to the award: “Thanks to our unrivaled workforce and our commitment to economic freedom, Texas continues to shine as America’s center for job creation, innovation, and economic development.” He said the award is “a testament to the hard work and dedication of Texans throughout the state, including our local economic development teams. The Texas success story is just beginning. Together, we will continue to cultivate an environment of economic growth and opportunity that creates a brighter future for every Texan.”