McKINNEY, TX – When it comes to business, no one does it better than Texas. At least, that’s according to Business Facilities. The magazine named Texas the 2019 State of the Year making the Lone Star State the only state to win the honor at least four times (2007, 2012, 2016, 2019).
According to Business Facilities, the top five projects in Texas in terms of capital investment brought in more than $30 billion in capital expenditures.
“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.
In McKinney, one of the largest businesses already in the city will just get bigger with plans to build a large new distribution center across the street from their manufacturing and office complex off South Airport Drive. And that's just the tip of the iceberg.
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,” said Texas Governor Greg Abbott in a press release. “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.”
Based on the way North Texas continues to grow, it wouldn’t be surprising to see the state at the top of this list several more times in the years to come.