Texas named Business Facilities Magazine's 2019 State of the Year

Posted at 11:39 AM, Jan 03, 2020
and last updated 2020-01-03 12:39:26-05

AUSTIN, TX — Texas has been named Businesses Facilities Magazine's "State of the Year" for the fourth time.

The national publication chooses the winner based on the best state for capital investment and job creation.

“As we ring in 2020, it’s time to acknowledge that Texas has by far been the most prolific economic development success story of the decade just ended,” said BF Editor in Chief Jack Rogers. “With a rapidly expanding skilled workforce and leadership in a diversified set of growth sectors, Texas will be sitting tall in the saddle for years to come.”

They said the biggest job-creating projects in Texas included Uber’s new Administrative Hub in Dallas and a $1 billion investment by Apple in metro Austin.

Uber’s facility at a new office tower is expected to create 3,000 new jobs.

Apple is planning to hire 5,000 new employees for its new campus in northwest Austin, the second campus the tech giant has established in the Texas capital.

Governor Greg Abbott thanked the magazine in a statement saying, “Thanks to our unrivaled workforce and our commitment to economic freedom, Texas continues to shine as America’s center for job creation, innovation, and economic development...The Texas success story is just beginning. Together, we will continue to cultivate an environment of economic growth and opportunity that creates a brighter future for every Texan.”

According to the United States Census, there are about 28 times more businesses operating in Texas than in Wyoming.

Texas previously won the award in 2007, 2012, and 2016.