In This Issue
South Texas Booms
TEXpansion: Edinburg lands major Brazilian denim maker
How to bridge international commerce
Tips on partnering for development
Partnering for Impact:
Sources for job-training funds
Texas job growth takes off
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TEXpansion
Businesses and industries are expanding their facilities throughout Texas. Here is a sampling of recently announced expansions, tracked by the Office of the Governor, Economic Development and Tourism Division.
| City | Business Name | Type of Business | Type of Project | New Jobs |
|---|---|---|---|---|
| Fort Bend County | CenterPoint Properties | Focused on the development, ownership and management of industrial real estate and related rail, road and port infrastructure. | Developing industrial park as part of a $300 million, 800-acre intermodal facility in Fort Bend County. | Up to 2,000 over the next 15 years |
| Edinburg | Brazil-based Santana Textiles Corp. | One of the world’s largest denim manufacturers. | Planned $180 million, 300,000-square-foot manufacturing plant on 23-acre site will turn cotton into denim fabric. |
800 |
| Abilene | Tower Tech Systems | Subsidiary of multi-tiered wind energy company Broadwind Energy Inc. | Planned $20 million wind-tower manufacturing facility will bring more than 150 jobs. | 150 |
| Denison | ACS Manufacturing | Manufactures acoustical housings for the power generation industry, weather shelters and metal fabrication. | Will relocate into Denison’s former Alcoa plant and will generate more than $2.5 million in payroll annually. | 100 |
| Port Isabel | Subsea 7 | Norwegian subsea engineering and construction company. | Planned $32 million pipe assembly plant will be built at the Port Isabel-San Benito Navigation District’s turning basin. | Up to 100 |
| Beaumont | Emerson | Supplier of maintenance services and technology to industrial plants. | Will triple its capacity and double its work force after constructing a new $2 million, 30,000-square-foot facility. | 24 |
| Grand Prairie | Bell Helicopter | Provides vertical-lift aircraft. | $55 million expansion of its Grand Prairie manufacturing plant is part of company’s plan to boost production of components for new helicopters and spare parts. |
N/A |
Sources: Office of the Governor, Economic Development and Tourism Division; Texas A&M University’s Real Estate Center.
For more information, visit the Office of the Governor, Economic Development and Tourism Division or Texas A&M University’s Real Estate Center.
Texas In Focus: South Texas
A new report by the Comptroller’s office provides a promising outlook for the South Texas region. Texas in Focus: South Texas is the third in a series of Comptroller reports highlighting economic development issues statewide and for individual regions of Texas.
The report examines issues affecting 28 counties as well as the cities of Corpus Christi, Brownsville, Laredo, Del Rio, McAllen, Eagle Pass and Harlingen.
It provides information on the forces driving change in South Texas.
The report also examines factors that may affect the development of its economy. The report covers economic development, demographics, infrastructure, health care and education for the region.
The South Texas region’s economic outlook is excellent. The region’s rate of job growth will outpace that of the state through 2012, and South Texas has a young and rapidly growing population to grasp those opportunities. South Texas ranks above the statewide average on several educational benchmarks and shows an enormous potential for producing an educated and effective work force.
View the report at www.window.state.tx.us/specialrpt/tif/southtexas or call the Comptroller’s office at (800) 531-5441, ext. 5-0332, to request a free copy.
Tell Us Your Story!
E-mail us at texas.rising@cpa.state.tx.us.
We want to hear about your town’s economic development accomplishments. Whether you’ve landed a new employer or you’ve partnered with a university to train tomorrow’s work force, please tell us the unique solutions you’re using to create success in your community every day.