Commercial Space Company XCOR Announces R&D Headquarters in Texas
This is a great day for Midland and a huge step forward for the State of Texas.
We couldn't be happier to welcome XCOR to the Lone Star State, and we couldn't be prouder to be home to their new Research and Development center.
This is a tremendous accomplishment for the Midland economic community, from the Economic Development Corp, to the folks here at Midland International Airport.
My congratulations to everyone involved for making today a reality.
Texas has, of course, always played a major role in the world's space race.
The Johnson Space Center was at the center of the United States space program for over half a century, serving as both an incubator and think tank alike for multiple generations of our country's finest scientists, theorists and engineers.
Texas made a natural fit for the early days of space exploration because our state encompasses the values that make space travel possible, determination, innovation and a drive to accomplish what had never been done before.
Texas and our nation's earliest space explorers shared a pioneer spirit, a spirit that lives on today in innovative companies like XCOR here in Midland, Blue Origin in Van Horn, and maybe someday soon, SpaceX in Brownsville.
So, once again, Texas is a perfect fit for anyone seeking to achieve the unachievable.
Part of what makes Texas such an appealing destination for high-tech companies like this one, or any company, for that matter is our world-class economic climate.
Over the years with the help of legislators like Speaker Craddick, we've built the Lone Star State into the best place for job creation in the country.
We've built a place where employers know they're safe to invest in their business and watch it grow.
We've built a place where they won't be hindered by exorbitant taxes wrapped up in bureaucratic red tape or find themselves at the mercy of predatory attorneys, seeking to make steady money off extensive, drawn-out court cases.
We've built a place with a world-class workforce that's capable of fulfilling whatever needs an employer has whether that's producing a life-saving vaccine, coding a successful video game or figuring out how to send payloads into orbit.
We've created an economic environment that has consistently drawn major employers to our state and convinced many others to expand their presence here.
Cutting-edge companies like Apple, eBay, Facebook and Samsung have taken root in Texas, and clearly like what they see.
All of this has helped us earn the title of best state to do business, according to Chief Executive Magazine for eight years running.
It's also helped us lead the nation in exports for a full decade.
Visionary companies choose Texas because they know that innovation is fueled by freedom, and here in Texas, we'll continue to work hard to foster an environment that protects those freedoms better than anywhere else in the country.
That's great news for companies like XCOR, but it's even better news for more than 100 new employees that will soon fill their facility.
These are good jobs for Texans, the kinds of jobs we can build our state's future on, jobs that represent just a fraction of the sort of potential this company, and this industry, holds in store.
We realized quite a few years back that Texas had to prepare for a more competitive and higher-tech economy in the years to come.
We realized that unless we began preparing significantly, jobs like the ones we're announcing today would pass Texas by.
So we fostered our aerospace and aviation industries and invested heavily in high-tech sectors like next-generation energy and biotech.
The results of those investments continue to be felt, and I'll tell you ... It's exciting to see.
A few weeks ago, I was invited to Boston, Mass., to discuss Texas' surging employment in the biotech industry, and I got a chance to explain to folks what Texas was doing right.
I told them it was simple. We've created a fertile climate where innovators are free to create and nurture their ideas and then we get out of the way and let them do what they do best.
Around the same time the U.S. Department of Health and Human Services announced Texas A&M would be home to a Center for Innovation in Advanced Development and Manufacturing, a national center that will rapidly develop and manufacture vaccines and therapies to help secure our country from the threat of bio-terrorism and global pandemic.
Whether on the cutting edge of biotech, communications, commerce or privatized efforts to serve the needs of the next generation of space explorers, you can find Texas at the forefront of the movement.
Once again, I congratulate everyone who contributed to helping XCOR find its new home here in Midland, and I look forward to where this company will be taking us in the years and decades to come.
May God bless you and, through you, may He continue to bless the great state of Texas.
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