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Texas Once Again Leads U.S. in Economic Development Wins

Published Mar 08, 2022 by A.J. Mistretta

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It’s another win for the Lone Star State. 

Texas led the nation in business expansion projects in 2021 for the 10th year in a row, according to Site Selection magazine

Texas won the magazine’s Governor’s Cup award for the most new and expanded corporate facilities of any state with 1,123 projects, a 43% increase over its project count in 2020. Texas’ 2021 total is also more than double what second-place finisher Ohio logged at 507 projects. 

The Houston region reported 293 projects last year while Dallas-Fort Worth logged 389 projects and Austin had 208. Chicago was the leading metro region in 2021 with 441 projects. See Houston projects here. 

Site Selection publishes information for expansion-planning decision-makers — CEOs, corporate real estate executives and facility planners, human resource managers and site selection consultants. The magazine tracks activity across corporate real estate and economic development. 

Texas Governor Greg Abbott held a news conference with officials from Site Selection earlier this month to announce the results. “This honor is a testament to the unmatched business climate and highly skilled and diverse workforce we have cultivated here in the Lone Star State, and I thank the exceptional economic development teams across our state who have worked diligently to attract new, innovative businesses to their communities and bring more economic opportunity to hardworking Texans,” Gov. Abbott said. “As we celebrate the resurgence of the mighty Texas economy, we look to the future with high and hopeful expectations of an even brighter, more prosperous future for generations of Texans.”

Learn more about some of the projects the Greater Houston Partnership helped secure for this region in our annual report
 

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