Texas has cultivated a business climate second to none, earning honors from national news outlets like Forbes and MSNBC for economic strength and business-friendly policies. More importantly, Texas has been consistently attracting employers seeking a better place to start or expand their businesses.
The Lone Star State's combination of low taxes, reasonable and predictable regulatory structure and fair court system provides a stable base upon which to build the Texas economy, while the state's diverse and hard-working workforce is prepared to meet any need an employer can present.
At Gov. Perry's urging, the Legislature has established and consistently funded two additional tools to attract and create Texas jobs - the Texas Enterprise Fund (TEF) and Emerging Technology Fund (ETF). The TEF functions as a "deal closing" fund, enabling Texas to compete directly with incentives offered elsewhere in the country, its investments tied directly to job creation. Meanwhile, the ETF helps early-stage tech companies grow their ideas from the laboratory into the marketplace, in the process helping keep Texas at the forefront of new technologies.
» Gov. Perry signed legislation for Lawsuit Reform, with components of Loser Pays (HB 274), which strengthens the jobs-friendly climate here in Texas.
» Texas continues to buck the national unemployment trend, by adding 262,000 jobs from June 2009 to 2011. (USA Today)
» Texas moved past New York over the past decade to become the nation's second-largest economy. (USA Today - June 2011)
» Texas dominate’s Kiplinger’s Cities with the Lowest Cost of Living list in 2011. (Kiplinger)
» The Lone Star Jobs Surge: The Texas model added 37% of all net U.S. jobs since the recovery began. (Wall Street Journal - June 2011)
News & Announcements
Monday, August 02, 2004 Press Release
Perry Announces Superior Essex Communication to Expand in Brown County
BROWNWOOD – Gov. Rick Perry today announced that Superior Essex Communication will expand its operations and bring 50 new jobs to Brownwood. The world’s largest manufacturer of outside plant copper communications cable and a leading producer of local area network (LAN) copper cables and fiber optic cables, Superior Essex has been located in Brownwood for 40 years.
Friday, July 30, 2004 Press Release
Perry Announces Home Depot to Expand Operations in Texas
NEW BRAUNFELS - Gov. Rick Perry today announced that Home Depot will build a new network operations center in Austin and its subsidiary, Home Depot Supply, will build a new customer support center in New Braunfels. These expansions will invest $800 million in the Texas economy and create 500 and 343 new jobs, respectively.
Monday, July 19, 2004 Speech
Gov. Rick Perry's Remarks At the Department of Labor Workforce Innovations Conference
Monday, June 21, 2004 Speech
Gov. Rick Perry's Remarks At The Memorandum Of Understanding Press Conference
Monday, May 24, 2004 Speech
Gov. Rick Perry's Remarks To The University Of Texas Technology Commercialization Conference