It's official - the State of Texas shines big and bright in the business cosmos. Governor Greg Abbott is tipping his hat as Texas grabs the title of 2023 State of the Year from Business Facilities magazine, acknowledging its robust business climate. "Texas moves at the speed of business," Abbott boasted.
BIG news: Texas is the @bizfacilities 2023 State of the Year!
— Gov. Greg Abbott (@GovAbbott) January 5, 2024
Thank you to the hardworking Texans, innovative business leaders, and state, local, and regional economic development partners who made this possible.
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Abbott, in a statement obtained by Business Facilities, didn't mince words about Texas' business allure. The governor touted a string of wins, including three top business climate rankings from different publications in the past year alone. Emphasizing education and workforce development investments. He confidently predicted that Texas, with its diverse and skilled workforce, is gearing up to lead the nation this year too. As recognized by Business Facilities magazine, the state, of Texas outpaced all in corporate relocations and expansions.
Business Facilities, the matchmaker for corporate site selectors and economic maestros for over five decades, picked Texas for its welcoming business policies, legislative incentives, and robust workforce programs. This state seemingly handcrafted for enterprise didn't just luck into the accolade, it's a recipe they've been perfecting for years, with this year being the fifth time Texas has donned the State of the Year crown.
Supported by recognition from the business community, the triumphant state also racked up nods for its commercial climate, with executives and Site Selection Magazine giving Texas top marks. Cited by the very folks piloting relocations, the state seems to make a resounding case for its business sanctuary status with each award. Texas was commended for no less than three No. 1 business climate rankings from different esteemed sources.
