Texas Economic Development Corporation

Texas Economic Development Corporation If you aren't already here in Texas, get here as fast as you can to enjoy the business advantages we can offer your company.

The Texas Economic Development Corporation (TxEDC) is an independently funded & operated 501(c)(3) nonprofit responsible for marketing & promoting Texas as a premier business location, along with the Governor’s Office of Economic Development and Tourism. Through a robust program of national and international investment attraction missions, industry events, media relations, advertising and other s

ignature initiatives, TxEDC spreads the word of Texas' business advantages among a target audience of corporate decision makers and site selection consultants. The organization is made possible through the support of a broad range of organizations, Fortune 500 companies and privately-held enterprises throughout the state. If you are already in Texas, please consider joining TxEDC to help the Lone Star State economy grow even faster.s.

Texas Tout Tuesday: Why Businesses Keep Betting on the Lone Star StateTexas isn’t just business-friendly, it’s business-...
04/14/2026

Texas Tout Tuesday: Why Businesses Keep Betting on the Lone Star State

Texas isn’t just business-friendly, it’s business-rewarding. From startups to large-scale projects, our state offers a robust portfolio of incentives to help companies grow, innovate, and compete globally.

Here’s a snapshot of what’s available in Texas:

- Skills Development Fund – Customized workforce training grants to help businesses upskill current employees or train new talent in partnership with community colleges and technical schools.

- Sales & Property Tax Incentives – Sales tax exemptions on qualifying equipment and property tax abatements (via Chapter 380/381 agreements) help reduce operational costs.

- R&D Tax Credits – Research-focused companies can receive sales tax exemptions or franchise tax credits tied to qualified research activities.

- Infrastructure & Site Incentives – Local communities can offer site development support, utility improvements, and other infrastructure investments to support business expansion.

- Federal & Strategic Industry Programs – Texas connects businesses with initiatives like the CHIPS Office and clean energy incentives that unlock federal funding.

- Texas Enterprise Fund (TEF) – One of the nation’s largest deal-closing funds, offering cash grants to companies expanding or relocating to Texas that create jobs and attract capital.

Whether you’re growing locally, relocating operations, or launching something entirely new, Texas offers tools to help you scale smarter and faster. Let’s keep building the economy that makes Texas Texas!

Bigger. Better. Texas.

For a complete list of programs and incentives: https://lnkd.in/gJeQnZ_H

Read more: https://lnkd.in/gd4Fc-VA

Texas vs. New York: Which State Leads for Business Growth?When businesses weigh relocation or expansion opportunities, t...
04/13/2026

Texas vs. New York: Which State Leads for Business Growth?

When businesses weigh relocation or expansion opportunities, they often ask: How does Texas compare to other states, such as New York?

Well, let’s take a look:

- Energy Reliability

Texas isn’t just an energy leader; it’s the nation’s energy engine.
The state produces more than twice as much electricity as the next-largest state and operates a self-contained power grid managed by the Electric Reliability Council of Texas (ERCOT).

That independence allows for greater flexibility, competitive pricing, and innovation in energy production, a major advantage for manufacturers, data centers, and other power-intensive operations.

While Texas continues strengthening its grid resilience, its scale and capacity remain unmatched in the U.S.

New York, managed by the New York Independent System Operator (NYISO), demonstrates good reliability planning. However, its interconnected grid operates under stricter regulatory frameworks and narrower reserve margins.

Decision: If your business demands large-scale, high-capacity power infrastructure and values flexibility, Texas is the reliable option.

- Land Availability

When it comes to space to grow, Texas stands alone.

Ranked #1 in the nation for site availability, Texas offers extensive shovel-ready industrial parks, pro-growth zoning, and unmatched scalability. Texas provides the land, infrastructure, and speed-to-market that global companies need to compete and expand.

In contrast, New York’s land market tells a different story: in key counties, the average price exceeds $6 million per acre, reflecting intense scarcity of development-ready land and high competition.

Decision: If size, scalability, and speed-to-market are key, Texas has the advantage of being top-ranked for site readiness, scale, and speed-to-market

What's the verdict?

While both states bring unique perspectives, when it comes to energy capacity, infrastructure investment, and room to grow, Texas continues to set the standard for business expansion.

From global manufacturers to tech innovators, companies continue choosing Texas for its reliability, resources, and room to grow.

Bigger. Better. Texas.

Check out our blog post on why NYSE announced plans to launch NYSE Texas here: https://lnkd.in/gMYEK8bM

Asia x Austin Summit in Austin, Texas!Texas continues to strengthen its position as a global hub for innovation and inte...
04/01/2026

Asia x Austin Summit in Austin, Texas!

Texas continues to strengthen its position as a global hub for innovation and international collaboration.

At the 2026 Asia x Austin Summit, an official South by Southwest event hosted by the Greater Austin Asian Chamber of Commerce, leaders and interested parties from across the U.S. and Asia convened to explore the expanding two-way opportunities between Asia and Central Texas.

Aaron Demerson, President & CEO of the Texas Economic Development Corporation, participated on a panel moderated by Michael Hawton, Partner/Chief Strategy Officer at Headwater, alongside Dori Kelley, Economic Development Leader, Mike Kamerlander, CEcD, President & CEO, Hays Caldwell Economic Development Partnership, and Dave Porter, Executive Director, Williamson County Economic Development Partnership, where they discussed the Texas and Central Texas competitive advantage and its continued momentum in attracting international investment. The summit also featured remarks from Nhat M Ho, Founder and CEO, Boot Civil, LLC.

Events like this highlight the importance of international partnerships in driving long-term economic growth across Texas.

Thank you to Mark Duval, President & CEO, and the entire team for convening such a forward-looking and impactful summit.

04/01/2026

We’re still reflecting on the strong momentum from the Texas Sundown Social at the Site Selectors 2026 Spring Conference.

The event brought together TxEDC investors, site selectors, and partners for an evening of purposeful engagement and strategic dialogue centered on Texas’s continued economic leadership.

We extend our sincere appreciation to our sponsors, CenterPoint Energy and Greater Brownsville EDC, represented by Marcela Sáenz, VP of Global Engagement & Investment, whose partnership supports meaningful opportunities to connect, collaborate, and advance economic development across Texas.

We appreciate all who joined us and look forward to continuing these important conversations in the months ahead!

Texas Sundown Social Site Selectors 2026 Spring Conference!This week, TxEDC Investors, Site Selectors, and friends gathe...
03/30/2026

Texas Sundown Social Site Selectors 2026 Spring Conference!

This week, TxEDC Investors, Site Selectors, and friends gathered for the Texas Sundown Social in Atlanta during the Site Selectors 2026 Spring Conference.

Hosted at the Grand Hyatt Atlanta in Buckhead, the evening created a welcoming space for meaningful conversation, new connections, and continued collaboration around Texas’s unmatched economic momentum.

The evening also featured remarks from Larry McManus, Director of Business and Community Development at the Office of the Governor, Texas Economic Development and Tourism, Sean Ferguson, Projects Development Program Manager, Office of the Governor, Texas Economic Development and Tourism, Dale A. Robertson, Vice President of Business Development, and Dr. Valerie G. Segovia, Vice President of Investor Relations, who shared valuable perspectives on the continued strength of Texas as a global destination for business.

Sincere thanks to our sponsors, CenterPoint Energy and the Greater Brownsville EDC, represented by Marcela Sáenz, VP of Global Engagement & Investment, whose support helps make gatherings like this possible and drives opportunity across the state.

Thank you to everyone who joined us! We look forward to continuing the conversation and building what’s next for Texas!

03/26/2026

🌟 Investor Spotlight: Lower Colorado River Authority (LCRA) 🌟

We’re proud to spotlight the Lower Colorado River Authority (LCRA) as a valued investor and partner of the Texas Economic Development Corporation.

Established by the Texas Legislature in 1934, LCRA is a nonprofit public utility dedicated to enhancing the lives of Texans through energy, water stewardship, and community service.

LCRA plays a vital role across Central Texas—generating and delivering electric power, managing the lower Colorado River, and providing a reliable water supply for communities, businesses, agriculture, and industry. Their infrastructure and services support more than a million Texans and help power economic growth across the region.

Beyond utilities, LCRA is deeply committed to community impact—supporting economic development initiatives, maintaining public parks, and investing in projects that improve quality of life throughout Texas.

LCRA’s legacy of innovation, resilience, and service continues to strengthen Texas’s infrastructure and long-term competitiveness. We’re grateful for their partnership in helping drive economic opportunity and supporting the state’s continued growth.

🔗 Learn more: https://www.lcra.org/

McAllen Economic Development Corporation, Proud TxEDC Investor, announces Valeo is investing $225 million in a new advan...
03/26/2026

McAllen Economic Development Corporation, Proud TxEDC Investor, announces Valeo is investing $225 million in a new advanced manufacturing facility in McAllen, bringing approximately 500 high-skill, high-wage jobs to the Rio Grande Valley.

Aaron Demerson, President & CEO, brought remarks on behalf of Governor Greg Abbott, the TxEDC Board of Directors, and Adriana Cruz, Executive Director, Texas Economic Development & Tourism Office, for this major announcement and investment in our state.

This project is more than an expansion; it’s a signal.

Global manufacturers are choosing Texas for the same reasons:
- A skilled, growing workforce
- Strategic access to domestic and international markets
- Regional partnerships that execute at speed

This announcement brought together leaders across the region including: Jeffrey Shay, President & CEO of Valeo North America, Elizabeth Suarez, President & CEO, McAllen Chamber of Commerce & McAllen Economic Development Corporation, Mayor Javier Villalobos, City Manager Isaac Tawil, Hidalgo County Judge Richard Cortez, Ralph Garcia, Chief Operating Officer, McAllen Economic Development Corporation, Joaquin S., Founder and President of CIL Group (Cil Commodities Integrated Logistics), David Deanda, Vice Chair of TxEDC Board, President, Lone Star National Bank, Executives from General Motors, and many more. This reflects strong collaboration among industry, local communities, and economic development partners.

Projects like this don’t happen by chance. They happen where alignment exists between policy, talent, and infrastructure.

Yesterday's announcement is a prime example of bringing together the worlds of workforce, economic development, and education, coupled with elected leadership.

From the Rio Grande Valley to the global stage, Texas continues to build momentum in advanced manufacturing and next-generation mobility.
Way to go, McAllen!

Bigger. Better. Texas.

Read more about this MAJOR announcement here:
https://lnkd.in/gJVtRQBs
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Texas-Sized News: Texas Jobs Council Driving Workforce SuccessLast week, Governor Greg Abbott took another significant s...
03/24/2026

Texas-Sized News: Texas Jobs Council Driving Workforce Success

Last week, Governor Greg Abbott took another significant step toward strengthening the state’s workforce development strategy with the launch and inaugural meeting of the Texas Jobs Council at the Governor’s Mansion. This effort ensures Texans are prepared to meet the demands of a rapidly growing economy.

This new advisory board brings together top business and labor leaders to advance practical, high-impact solutions that support Texas employers and job seekers alike. The Council will focus on both immediate executive actions to reduce regulatory barriers and long-term policy recommendations ahead of the 90th Legislative Session.

Megan Mauro, Interim President & CEO of Proud TxEDC Investor Texas Association of Business, was appointed Co-Chair of the Council and will partner with labor leadership, highlighting the collaborative, cross-sector approach that drives Texas’ economic success.

The Texas Jobs Council will work in coordination with key state partners, including the Texas Workforce Commission, Texas Education Agency, Texas Higher Education Coordinating Board, and the Texas Department of Licensing and Regulation, to ensure alignment across education, training, and industry needs.

With a final report expected in November 2026, the Council’s recommendations will help shape the future of workforce development in Texas.

Read more here: https://lnkd.in/gqzVZjkn

The future of economic development is being shaped across Texas, and the MXLAN International Economic Summit in McAllen ...
03/23/2026

The future of economic development is being shaped across Texas, and the MXLAN International Economic Summit in McAllen showcased exactly that!

Held at the McAllen Convention Center and hosted by Proud TxEDC Investor McAllen Economic Development Corporation and the McAllen Chamber of Commerce, this year’s summit focused on technology, innovation, and the future of economic development, highlighting AI, workforce development, and binational collaboration.

The day opened with remarks from Elizabeth Suarez, President & CEO of the McAllen Economic Development Corporation and the McAllen Chamber of Commerce, emphasizing the Rio Grande Valley’s growing role in innovation and cross-border growth.

A key moment featured President & CEO Aaron Demerson, with the recently won Governors Cup front and center at the event, alongside Alberto Trevino III, Commissioner Representing Labor, discussing how Texas is aligning economic development, workforce strategy, education, infrastructure, and innovation to remain competitive.

Panels throughout the morning offered real-world insights into AI’s impact across industries:

- Advanced Manufacturing & Workforce Education — Moderated by Sergio Contreras (CEO, ATLAS, HALL & RODRIGUEZ, LLP), featuring insights from Bob Anderson (VP of Supply Chain, ALPS ALPINE), Patrick Cerroni (Senior Director of Operations, Vertiv), Erika Guerra (Program Chair, Advanced Manufacturing & Robotics, South Texas College), and Anshul Sonak (Principal Engineer & Global Head of Digital Readiness Programs, Intel)

- Workforce Development — Joanne Wang, EdD (Associate Dean, Executive Director of Strategic Partnerships, and Associate Professor of the Practice of Engineering Management, Vanderbilt University) shared key insights on preparing talent for the future

- Healthcare Innovation & AI Integration — Moderated by Julian Alvarez (SVP of Business Development, Lone Star National Bank), with perspectives from Dr. Maame Yaa "Maya" A. B. Yiadom (Associate Professor of Emergency Medicine, Stanford University), Carlos A. Rodriguez, M.B.A. (Co-Founder & CEO, HUMANATE Inc.), Lance Ames (CEO, South Texas Health System), and Kyle Hayungs (Founder & CEO, MRG Health / SmartCare 360)

The summit concluded with a keynote from John Quiñones, ABC News Veteran Creator & Host of What Would You Do?, who challenged attendees to consider ethics, trust, and accountability in an AI-driven economy.

Congrats to McAllen Economic Development Corporation and the McAllen Chamber of Commerce, we’re proud to be part of these important conversations and working alongside partners to ensure Texas remains the No. 1 state for innovation, talent, and economic growth.

Check out more photos from the event here: https://lnkd.in/gQDtuNRN

03/20/2026

🎾💍 Love All in Austin! 🎾💍

At the Texas Economic Development Corporation, we’re proud to support our investors in many ways—but this might be one of our favorites yet!

Recently, we had the pleasure of helping TxEDC Investor Carlos H. Garza with the Port of Brownsville - Texas plan a very special moment. Carlos wanted to propose to his fiancée, Claudia, during the ATX Open, and once we helped connect him with the tournament team, it was truly off to the races.

The ATX Open team went above and beyond by staging an audience Q&A moment that turned into an unforgettable proposal on court.

Carlos shared that he had reached out to several tennis tournaments across the country, but ATX Open was the first to respond and help plan everything from start to finish.

At TxEDC, we don’t just work every day to ensure everyone knows Texas is the #1 state for business—sometimes we get to help Texans create moments they’ll remember for a lifetime.

Congratulations, Carlos and Claudia! Wishing you guys a lifetime of happiness. 🤍

Check out ATX Open's post here: https://lnkd.in/gVgbrRJV

In celebration of International Women’s Day, we proudly recognize the remarkable women who continue to help lead and str...
03/19/2026

In celebration of International Women’s Day, we proudly recognize the remarkable women who continue to help lead and strengthen the State of Texas every day.

From championing our communities to advancing economic growth and opportunity, their leadership continues to make a lasting impact across our great state.

We are honored to recognize:
⭐ First Lady Cecilia Abbott
⭐ Texas Secretary of State Jane Nelson
⭐ Adriana Cruz, Executive Director, Governor’s Texas Economic Development & Tourism Office
⭐ Crystal Long, President & CEO of GECU and TxEDC Board Member
⭐ Vicki Hollub, President & CEO of Occidental Petroleum (Oxy) and former TxEDC Board Chair

We also recognize the many TxEDC Investors whose organizations, companies, and communities are led by strong and inspiring women who are making a difference across Texas.

Thank you for your leadership and for all that you do for the great State of Texas.

Address

PO Box 684702
Austin, TX
78768

Opening Hours

Monday 8:30am - 5pm
Tuesday 8:30am - 5pm
Wednesday 8:30am - 5pm
Thursday 8:30am - 5pm
Friday 8:30am - 5pm

Telephone

+15129816736

Website

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