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Corporations Relocating to Texas and Austin

Here are some great articles highlighting the continued trend of corporations relocating to Texas and the Austin area:

Today, Ray Perryman reports that Texas again wins of Site Selection Magazine’s “Governor’s Cup” competition: Another Win for Texas – This award goes to the state with the most major corporate location and expansion projects in a year. The 2017 win is the sixth in a row for Texas. Lone Star State also won in 2004, 2005, and 2010 (and was a close second in several of the years between).  Last year, Texas had 594 projects with a capital investment of at least $1 million, 20 or more new jobs, or 20,000 square feet of new construction. Texas has resources corporations need: a large and growing population, oil and gas, a coastline favorable to shipping, abundant land, a relatively moderate climate, and a central location, among others.

Greater Austin Chamber of Commerce reports on Relocations and Expansions: 2016-2017 RELOCATIONS & EXPANSIONS LOG – note the large number of Headquarters that are expanding.

Other tech companies moving to Austin: Texas takeover: Why 5 tech companies relocated their headquarters to Austin – Great article which highlights the many reasons why companies want to relocate to Austin.

San Francisco article: Tech pipeline to Texas: Tax money, people flow out of Bay Area – which highlights the struggles of keeping companies in the bay area vs. moving to Austin for the labor they need to grow and expand.  This is a 2016 article but highlights the ongoing trend of companies moving from other states, particularly California, to Austin.

Links to articles:

Employees are everything

Since leaving Stewart Title in April, I’ve had time to reflect on the type of company, specifically the type of title company, I want to work for and dedicate my time to.  I’ve managed title or technology companies since 1982 and over that time have come to some conclusions about what makes a company successful over the long term… and what not to do.  Continue reading

Starting a new chapter

After managing title, escrow and technology companies since 1982, most of which were publicly traded, I decided to build the kind of company that I have dreamed about. A company that believes in its employees, empowers them to be successful, and entrenches itself in the communities that it serves. I chose Mother Lode Holding Company as the parent for my dream company. Continue reading

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