Important announcements, resources, events & recent news.
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The Governor's Texas Business Bulletin, Economic Development and Tourism
Dear Texas Economic Development Stakeholders,
As I'm sure you've heard, Texas has once again secured the prestigious *Governor's Cup [ [link removed] ] for the 11th year in a row*—a new all-time record! Texas proudly accepts this award as a symbol of our economic excellence over the past 11 years. Congratulations to each of our Texas communities and local and regional economic development partners on this historic win—your efforts make this award possible! And thank you to all of the companies that continue to invest and grow in our great state!
In this issue of the Texas Business Bulletin, you will find an update on the Texas Travel Industry Recovery Grant Program, a new headquarters relocation publication, recent project announcements, upcoming events, plus much more!
As always, please be sure to visit our website [ [link removed] ], follow us on social media or reach out to a member of our team [ [link removed] ] if we can be of any assistance.
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"-Adriana Cruz, Executive Director, Texas Economic Development & Tourism"
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Update: Texas Travel Industry Recovery Grant Program
Applications for the *Texas Travel Industry Recovery Grant [ [link removed] ] *(TTIR) program, administered through the Texas Economic Development & Tourism Office, opened *February 1, 2023,* for a new application category. The TTIR Program provides reimbursement grants of up to* $20,000* for the recovery of Texas businesses in the tourism, travel and hospitality industry that were negatively impacted during the pandemic.
The new category now opens applications for the following NAICS codes and also reopens the application process for all previous applicants who may now qualify for funding or for additional funding. *There are still funds available—get your application in today!*
*Category*
*Application
Window*
*NAICS Code*
*Industry*
5
February 1, 2023
- TBD
532111
Passenger Car Rental
512131
Cinemas
512132
Drive-in Motion Picture Theaters
487990
Scenic & Sightseeing Transportation, Other
487210
Scenic & Sightseeing Transportation, Water
487110
Scenic & Sightseeing Transportation, Land
485510
Charter Bus Industry
483212
Inland Water Passenger Transportation
483114
Coastal & Great Lakes Passenger Transportation
483112
Deep Sea Passenger Transportation
481211
Nonscheduled Chartered Passenger Air
481111
Scheduled Passenger Air Transportation
312120
Breweries; Microbreweries
312130
Wineries
312140
Distilleries
5615
Travel Arrangement & Reservation Services; Convention & Visitors Bureaus
561920
Convention & Trade Show Organizers, Event & Meeting Planning Services
7212
RV Parks & Recreational Camps; Campgrounds
71
Arts, Entertainment & Recreation
7211
Traveler Accommodation: Hotels & Motels, Bed & Breakfast
722
Food Services & Drinking Places
This application round will remain open until remaining funds are dispersed. For eligibility and grant application details, deadlines, an application instruction video and the TTIR application portal, visit ttir.gov.texas.gov [ [link removed] ].
Learn More [ [link removed] ]
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*Unemployment Rate:* 3.9% "(December)"
*Jobs Added: *29,500 "(December)"
*Job Recovery Rate:* 149.5% "(December)"
*Workforce:* 14.6 million "(December)"
"(January data coming March 13)"
View the full economic snapshot › [ [link removed] ]
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Hot off the Press
Our office develops in-depth reports, publications, snapshots and maps highlighting the Lone Star State's best assets for business and targeted growth sectors. Check out these new publications and other Reports & Publications [ [link removed] ] on our website.
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*Headquarter Relocations to Texas Map & Listing [ [link removed] ]*
The new Headquarter Relocations to Texas Map & Listing details the many companies that have moved to the Lone Star State and where they're coming from. The map shows U.S. corporate relocations in 2022 and the full listing provides relocation information since 2015. Download the publication from our website in a PDF format [ [link removed] ].
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Texas Wins Again! Eleven Years of Excellence
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Governor Abbott was presented the Governor's Cup from Site Selection Magazine on March 1, 2023, at the Governor's Mansion in Austin, joined by business leaders and local, regional and state economic development partners from across the state.
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On March 1, 2023, Governor Abbott announced [ [link removed] ] that Texas once again received the *Governor's Cup*, now for a record-shattering *11th consecutive year*. The Governor’s Cup award is given annually by Site Selection Magazine to recognize the state with the most job-creating business relocation and expansion projects. This is the Lone Star State's *19th overall cup* since the awards began in 1978—that's a new all-time record and the most in the nation.
In 2022, there were *1,028 new projects* announced in Texas—more than double the next highest state on the listing. These projects are expected to create more than* $44.7 billion in capital investment* and more than *35,000 new jobs*. Last year's investments were announced across all regions of the state and throughout all types of Texas communities—large, small, urban, suburban and rural. The projects range broadly across the state's diverse industries—from advanced manufacturing (including EV, semiconductors and food processing) to online retail, financial services, tech, logistics, mineral refining, chemical manufacturing, natural gas production and more.
Here's a look at the top 25 projects for Texas in 2022 as released by Site Selection:
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Thank you to all of our community partners who assisted in gathering project information. For the full rankings and features, see Site Selection Magazine's article [ [link removed] ] and also be sure to read the interview with Governor Abbott on his thoughts about this historic win for Texas!
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Staff Spotlight
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*Priscilla Gabrielle Duran* now serves as EDT's Existing Industry & International Specialist on the Business & Community Development Team. She assists businesses in Texas looking to expand, as well as those looking to export, and helps international businesses interested in investing in Texas. After serving as the South Texas Regional Representative for four years, Priscilla is excited to be transitioning into this new role where she will continue to work with South Texas communities as well as communities statewide. She looks forward to assisting with development, business retention and expansion as well as international strategies for Texas industries and companies. To get in contact with Priscilla, please visit the staff directory [ [link removed] ].
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In February, Wiley X opened the doors to its new headquarters in Frisco. The company announced its relocation from California to Texas in 2022.
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Texas' success in attracting the highest number of corporate expansions and relocations is thanks to a unique combination of competitive business advantages that no other state can claim. For more on these business advantages, visit our Why Texas [ [link removed] ] webpages. Here are some of Texas' recently announced projects in regions across the state:
* Graphic Packaging International in Waco [ [link removed] ]: Graphic Packaging International announced plans to spend $1 billion on a high-tech paperboard recycling mill in Waco, marking a record investment for economic development in the area. The company is set to create 230 new jobs.
* X-Bow in Luling [ [link removed] ]: Aerospace company X-Bow announced plans for a new $25 million rocket manufacturing campus in Luling.
* Maverick Pipe in Texarkana [ [link removed] ]: Maverick Pipe will grow in Texas with a $20 million investment and 40 new jobs in Texarkana. Company leaders say they chose Texas to expand due to a favorable location in terms of logistics.
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PackGene in Houston [ [link removed] ]: PackGene has broken ground on a $20 million facility in Houston set to offer customers adeno-associated virus (AAV) vector development and manufacturing services.
* Linde in Beaumont [ [link removed] ]: Linde, a German industrial gases company, announced plans to invest $1.8 billion to supply clean hydrogen to OCI's blue ammonia plant in Beaumont.
* SunOpta in Midlothian [ [link removed] ]: SunOpta announced the opening of its new $125 million plant-based beverage production facility in Midlothian, bringing up to 175 new jobs to the area.
More recent announcements › [ [link removed] ]
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Governor's Small Business Webinar Series
*Food Trucks 101 – Taking Your Restaurant on the Road* | March 16 at 1 p.m.
With a diversity of delicious and convenient food offerings, it’s no wonder food trucks have been growing in popularity. In this Governor’s Small Business Webinar, learn from experts on the process of developing and creating a successful food truck business. This includes finding the right location, choosing a truck, working through the permit process, creating an engaging customer experience and brand and everything else leading up to opening day!
Register [ [link removed] ]
Be sure to check in at gov.texas.gov/events [ [link removed] ] as we announce more webinars and event details for 2023!
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Recent Meetings & Events
*Laredo Economic Development Luncheon*
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In February, EDT's Executive Director Adriana Cruz participated in the Laredo area's visit to Austin as a speaker at their Economic Development Luncheon. Adriana discussed the status of economic development in Texas and the growth in the Laredo region, home to the #1 port along the U.S.-Mexico border. Not to mention, Laredo is Adriana's hometown!
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*Japanese Delegation Visit*
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Japan External Trade Organization (JETRO), Consul General of Japan in Houston and a Japanese business delegation visited Austin in February. The group attended a reception with Governor Abbott, visited various Texas communities and heard a presentation from EDT on the many benefits of doing business in Texas.
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*Texas Economic Development Council Legislative Conference*
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In February, the EDT team attended the Texas Economic Development Council Legislative Conference in Austin where they learned about the latest trends in economic development and connected with local and regional economic development partners from across the state. EDT's Executive Director Adriana Cruz presented to the group our state's incentive programs along with EDT Director of Business & Community Development Larry McManus.
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*¡VIVA! San Antonio Chamber of Commerce Event*
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EDT's Executive Director Adriana Cruz spoke at the ¡VIVA! San Antonio Chamber of Commerce event in February in Austin. Adriana spoke about the latest updates on economic development in Texas and in the San Antonio region. In Texas, economic development is a team effort, and we are so appreciative of all our community partners!
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*Golden Triangle Days*
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Also in February, EDT's Executive Director Adriana Cruz participated in the Golden Triangle Days in Austin where she met with a group of business and economic development leaders from the Southeast Texas region to give an update on our office's activities and our state's economic development successes. Thanks to each of the communities in the Golden Triangle area for your continued partnership!
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*Balch Springs Economic Development Business Summit*
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Larry McManus, Deputy Director of Business & Community Development attended the Balch Springs Economic Development Business Summit in February. During the event, Larry met with business and community leaders from Balch Springs and spoke to the group about our office's economic development efforts. We look forward to continuing to work with partners in Balch Springs to keep Texas the best state for business in the nation.
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"*“It ain’t bragging if it's true!” Here are some of the recent accolades Texas has received:*"
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* Texas secured our 11th *Governor's Cup* in a row from Site Selection Magazine [ [link removed] ] for the most job-creating corporate relocation and expansion projects in 2022.
* Golden Triangle Polymers' investment in Orange, Cheniere Energy's investment in Corpus Christi, Highly Innovative Fuel's investment in Bay City and GlobalWafers' investment in Sherman were listed among the *top projects in the U.S. by capital investment* in 2022. (Site Selection Magazine [ [link removed] ])
* GlobalWafers' investment in Sherman was named among the* top projects in the U.S. by size* in 2022. (Site Selection Magazine [ [link removed] ])
* Dallas-Fort Worth leads the nation in the *growth of high-tech jobs*. (Dallas Regional Chamber [ [link removed] ])
* Texas ranks among the *top states for women-led startups.* (Merchant Maverick [ [link removed] ])
* Texas ranks *#1 in the nation for aerospace manufacturing attractiveness*, according to the latest report from PwC [ [link removed] ].
* Three Texas cities ranked among the *Most Loved Destinations Around the World*: Austin (#35), Corpus Christi (#53) and Dallas (#57). (Tourism Sentiment Index [ [link removed] ])
* Two Texas cities took the top two spots on the *Fastest-Growing Midsize Cities* for 2023: Midland (#1) and Amarillo (#2). (American Growth Project [ [link removed] ])
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Join Our Team!
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Interested in working with the best state economic development team in the country and helping grow the state's economy? Come join our team! There are multiple positions for experienced professionals in Business & Community Development (BCD), Economic Development Finance (EDF), Tourism, Texas Workforce Investment Council (TWIC) and other divisions. Here's a select sampling of open positions:
* Research Specialist (BCD) [ [link removed] ]
* Tourism Grant Program Associate Administrator (EDF) [ [link removed] ]
* Communications Specialist (Tourism) [ [link removed] ]
* Advertising Specialist (Tourism) [ [link removed] ]
* Marketing Specialist (Tourism) [ [link removed] ]
* Research Specialist (TWIC) [ [link removed] ]
* Economist (TWIC) [ [link removed] ]
For more information on available positions, visit gov.texas.gov/employment [ [link removed] ].
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*Colleges Partner for New Engineering Program [ [link removed] ]
*Texas A&M University has partnered with South Texas College (STC) for a new engineering program. The Texas A&M Engineering Academy helps students seamlessly transition from STC to Texas A&M. The program was developed as a way to address the growing need for engineers in the Rio Grande Valley.
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*Texas Company Selected for Air Force Contract [ [link removed] ]
*The U.S. Air Force has selected five contract manufacturing companies to build wiring harnesses, parts and kits for the Air Force F-16 combat jet fighter fleet. Interconnect Wiring LLP, located in Fort Worth, is one of the five companies selected for the contract.*
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The Texas Economic Development & Tourism Office markets Texas as
one of the world's premier business locations and travel destinations.
For more information on doing business in Texas, visit us online at gov.texas.gov/business [ [link removed] ].
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GovDelivery [ [link removed] ], Inc. sending on behalf of the Office of the Governor · P.O. Box 12428 · Austin TX 78711-2428 · 800-843-5789