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AUSTIN, Texas – On Monday, June 14, Governor Greg Abbott announced that Texas was recognized again with a Gold Shovel Award by Area Develepment magazine. The Lone Star State was awarded this award for its lead among the most populous states in attracting high-value business investments in 2020 that will create a large number of new jobs in communities across the state. This marks the ninth year Texas has won a Gold Shovel Award.
“It’s no surprise that Texas continues to lead the nation in job creation and economic expansion,” said Governor Abbott. “The Lone Star State offers innovative businesses the freedom to flourish with our pro-growth economic policies, a predictable regulatory environment, and our young, growing, and diverse workforce. I thank Area Development Magazine for their recognition, and I look forward to welcoming even more new business investments and job creation as we unleash the full might of the Texas economy.”
The Tesla “gigafactory” project in Del Valle, outside of Austin, was also named by Area Development as the manufacturing project of the year. The $1.1 billion investment is expected to create 5,000 jobs.
The following investments were also cited by Area Development as significant job-creating investments in diverse industries across Texas: Amazon in Waco, Oak Cliff, and Pflugerville creating 3,500 jobs; Peloton in Plano creating 1,600 jobs; FedEx in Dallas creating 1,200 jobs; Navistar International Corp. in San Antonio creating 600 jobs; Max Midstream in Point Comfort creating 474 jobs; Freshpet Inc. in Ennis creating 427 jobs; and Gulf Coast Ammonia LLC in Texas City creating 40 jobs.
Read the full Area Development’s Gold Shovel Award rankings.
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Texas wins ninth Gold Shovel Award for job creation and business investments - Crossroads Today
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