Texas Rising May/June 2010

TEXpansion

Businesses and industries are expanding their operations and building new facilities throughout Texas. Here is a sampling of recently announced expansions.

City Business Name Type of Business Type of Expansion/Type of Job Number of New
Employees/Incentives
New Braunfels Baptist Health System Health care Has purchased a 56-acre parcel for a new full-service hospital. n/a
North Texas Aldi Discount grocer Plans to open 27 stores in the region. More than 400 jobs with wages starting at $10/hour for cashiers and up to $70,000 annually for store managers.
Austin Facebook Inc. Social networking Will open a sales and operations office. This is the company’s only U.S. location outside of its headquarters in Palo Alto, California. Up to 200 by 2014, with average annual wages of $54,000. The city of Austin has offered $200,000 and the state has pledged $1.4 million in Texas Enterprise Funds.
Cedar Park Schlitterbahn Water park Announced plans for a $360 million, 95-acre Schlitterbahn Boutique Hotel and Conference Center. The water park, spanning 67 acres and costing $75 million, is scheduled to open in summer 2012. Up to 1,000
San Antonio Allstate Insurance Will open an $11.6 million, 75,000-square-foot customer information center in May. 600
Austin LegalZoom.com Online legal document services Will move sales, order fulfillment, customer service and technical support functions from its Los Angeles headquarters. 600. The company received a $1 million TEF grant and $200,000 over 10 years from the city of Austin.

For more information, visit the Office of the Governor Economic Development and Tourism Division or Texas A&M University’s Real Estate Center.

Transparent Texas Opens its Books Even Wider

Since Comptroller Susan Combs’ third day in office, Texas taxpayers have been able to go online to see Where The Money Goes. In April 2010, the state’s financial information became even easier to access with more features and tools that promote transparency. See for yourself:

Your starting point for all this and more is
TexasTransparency.org.


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 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.

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