Texas has the best business climate in the nation for companies that want to relocate or expand here according to Business Facilities Magazine. In being awarded the Best Business Climate designation, Business
Facilities Magazine gave Texas high marks for infrastructure, natural
gas production, free trade zone activity and wind-power capacity.
Texas also placed in the top 10 for data centers, aerospace/defense,
biotechnology employment, nuclear power generation, credit quality and
renewable energy capacity. Business Facilities previously named Texas
the 2013 State of the Year in January.
“Employers across the country know the Texas model works. Our low
taxes, smart regulations, skilled workforce and fair courts have created
an economy that offers businesses the best chance at success,” Gov. Rick Perry
says. “These principles have helped us create one-third of the net new
jobs in the nation over the past 10 years, providing more opportunity
for hardworking families. Texas is a national example for job creation;
that’s why I’ll be in Missouri this week, and have traveled to other
states like California, Illinois and New York to share our state’s
economic success story.”
The magazine wrote that Texas has become a global leader in
semiconductors and other high-tech growth sectors, such as, bioscience.
This is all buoyed by a world-class university system.
To Read the full report click here.