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Site Selection Magazine Has Awarded Texas the “Governor’s Cup” For 10th Consecutive Year
Texas has won the “Governor’s Cup,” a designation that is awarded to the state with the most major corporate locations and expansions each year. To be counted, projects must involve a capital investment of at least $1 million, 20 or more new jobs, or 20,000 square feet of new construction. This is Texas’s 10th consecutive year for the recognition.
For 2021, Texas had an astounding 1,123 qualified projects (more than three per day), which is 342 above 2020 (and the most ever recorded). This total more than doubled second place Ohio (with 507) and far outpaced the remainder of the top five of Illinois (480), California (301), and North Carolina (282).
The state is the site of four of the top 10 projects in terms of capital investment, including the largest (the $30 billiion Texas Instruments semiconductor facility in Sherman) and the third largest (the $17 billion Samsung semiconductor plant in Taylor). Others include Nacero (industrial gas) and Covestro (chemicals). Switch (data processing) is among the largest in terms of square footage. The Texas Instruments project, Amazon.com (retail merchandise), and Maxter Healthcare (surgical supplies) are near the top for employment.
- ◦Development
- ◦Economy
