Texas Business DigestMay 2013
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Texas: Climate for Success
Texas Wins 2013 Gold Shovel Award

Area Development awarded Texas a 2013 Gold Shovel. The annual Shovel Award recognizes state economic development agencies that drive significant job creation through innovative policies and infrastructure improvements, as well as processes and promotions that attract new employers. Investments in expanded facilities are also recognized. Gold Shovels are presented to states that have achieved the most success in terms of new job creation and economic impact. More...

Business Growth in Texas
Reel FX to start construction on new Dallas headquarters
Reel FX Creative Studios Corp., a Dallas-based creative studio, plans to start construction on the redevelopment of a 73,200-square-foot facility at 301 N. Crowdus St. in the Deep Ellum neighborhood of Dallas. The City of Dallas estimated the corporate headquarters will have an economic impact of $7.5 million over 10 years. As part of the headquarters relocation, the city has given the company an economic development grant of $1.75 million. More...
Motorola to Open Smartphone Plant in Fort Worth, bringing 2,000 tech jobs

Cellphone pioneer Motorola announced Wednesday that it's opening a Fort Worth manufacturing facility that will create 2,000 jobs and produce its new flagship device, Moto X, the first smartphone ever assembled in the U.S. The company has already begun hiring for the AllianceTexas plant. The site was once used by fellow phone manufacturer Nokia, meaning it was designed to produce mobile devices, said Will Moss, a spokesman for Motorola Mobility, which is owned by Google. More...

Tenaris to Build Sucker Rods Mill in Texas
Tenaris announced on May 3, 2013 that it will invest 70 million USD to build a new sucker rods mill with a production capacity of 1,800,000 units per year, to reduce lead times and improve service for customers in the growing North American market. It will be built alongside Tenaris's welded tubes mill in Conroe, Texas and start-up is planned for the second semester of 2014. The investment will create 200 new jobs once the mill is fully operational and the state-of-the-art facility will be designed to the highest industry standards for quality and HSE. More...

Texas in the News
Lassoing Jobs in Texas

Talking directly to a state's chief executive is the best way to get an accurate fix on where that state is going in terms of economic development and jobs creation. Most of the governors have talked the talk when it comes to their overall development strategy-but the devil is in the details, which sometimes are left to state ED officials to explain after the governor has said his piece. A few have candidly admitted that jobs creation as a priority has to find its place on a to-do list dominated by fiscal restraint. Gov. Rick Perry has fiercely embraced his role as champion of the state's economic development program, ready to saddle up and steer herds full of jobs into the big Texas corral from near and far. More... 

10 Reasons Why so Many People are Moving to Texas
Half of the 10 fastest-growing cities in the US are in Texas, according to new figures. Every way you look at it, there are a lot of people moving to Texas. Five of the 10 fastest-growing cities in the country between 2011 and 2012 were in Texas, according to new figures from the US Census Bureau. New York is way out in front in terms of added population, but Houston is second with San Antonio and Austin fourth and fifth. More...
Houston Is Unstoppable: Why Texas' Juggernaut Is America's #1 Job Creator
Texas is killing it. It dominated the recession, crushed the recovery, and in a new analysis of jobs recovered since the downturn, its largest city stands apart as the most powerful job engine in the country -- by far. The ten largest metros have recovered 98 percent of the jobs lost during the recession, on average. But Houston, the first major city to regain all the jobs lost in the downturn, has now added more than two jobs for every one it lost after the crash. That's incredible. More...
Forbes Magazine Ranks Midland #1, Odessa #2 and San Angelo #5 among Small Cities for Job and Economic Growth
Forbes ranked all 398 current metropolitan statistical areas based on employment data from the Bureau of Labor Statistics from November 2001 through January 2013. The Rankings are based on recent growth trends, mid-term growth, long-term growth and the region's momentum. Withing the small cities category Texas finished with numbers one, two and five. More...
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Texas Business Digest information is compiled by the Economic Development and
Tourism Division of the Office of Governor Rick Perry. For more information, visit TexasWideOpenForBusiness.com or contact the Press Office at (512) 463-1826.