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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.
Action Items
» 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
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Thursday, December 11, 2003 • Press Release
Gov. Perry Breaks Ground On Telvista Project In Odessa
ODESSA – Gov. Rick Perry today joined Odessa city officials and representatives of the Telvista Company in a groundbreaking ceremony for a new telephone contact center. The support center is expected to create almost 700 new jobs in the Permian Basin. -
Thursday, December 11, 2003 • Speech
Gov. Rick Perry Speaks on Maxim Integrated Products Investment
This $100 million investment by Maxim Integrated Products will create 600 high-tech jobs over the next few years, and will enhance Texas’ reputation as a world leader in semiconductor production. -
Wednesday, December 10, 2003 • Speech
Gov. Rick Perry Speaks on Televista Expansion
I want to thank the CEO and President of Telvista…Higinio (pro. ee-HE-knee-oh) Sanchez and Vice President Suzy Weaver for working with state and local leaders to develop an incentive package that is good for Telvista, but also good for the West Texas economy. -
Wednesday, December 10, 2003 • Speech
Gov. Perry Congratulates Harley Davidson
With the creation of 165 new jobs over the next three years, I am proud to say Harley-Davidson is adding a little more horsepower to the Texas Economy. -
Thursday, November 20, 2003 • Press Release
Gov. Perry Announces LNG Receiving Terminal In Jefferson County
SABINE PASS - Gov. Rick Perry today announced that Golden Pass LNG LP, an ExxonMobil Corporation affiliate, plans to build a $600 million liquefied natural gas (LNG) receiving terminal near Sabine Pass.