WHY INVEST IN TEXAS?. TEXAS IN THE NEWS. WHY TEXAS?. WHY TEXAS?. TEXAS ECONOMY. INDUSTRIES. Advance Technology & Manufacturing Aerospace, Aviation & Defense Biotechnology & Life Sciences Energy Information & Computer Technology Petroleum Refining & Chemical Products.
Birthplace of nanotechnology
Global leader of the semiconductor since the 1950s
Top-ranked state for automotive employment and establishments
27 Commercial Airports in 23 Major Cities
NASA’s Lyndon B. Johnson Space Center in Houston
Government Aviation & Defense
Over 3,500 firms involved in biotechnology-related manufacturing, research or testing
#2 in clinical trials
Home to the world’s largest medical complex, the Texas Medical Center in Houston
Environmental Tech & Biofuels
#1 in U.S. for biodiesel production
Oil & Gas Exploration & Production
One of Texas’ most established industries
Electric/Coal/Nuclear Power Generation
Only state with its own power grid
Renewable & Sustainable Energy Generation
Computer Systems and Software
Texas is home to headquarters of Dell and major campuses for computer giants Apple and HP
Cloud Services & Data Centers
#1 state for cloud services and data center jobs
Major online companies include Google, Facebook, eBay, and Amazon.com
Video & Online Game Development
#2 in the U.S. for video game development jobs
Texas’ 27 refineries lead the nation in both crude oil production and refining. Texas has 27.5 percent of the nation’s total capacity.
Texas chemical manufacturers account for more than 50% of the total U.S. chemical production.
Texas Enterprise Fund
The largest “deal closing” fund of its kind in the nation.
Texas and local communities offer a variety of tax incentives and innovative solutions.
Several types of grants are available for Texas communities and businesses
Training programs provided through Texas Workforce Commission