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TEXAS EARNS FIVE NO. 1 RANKINGS IN BUSINESS FACILITIES’ 2018 STATE RANKINGS REPORT

Wednesday, September 12, 2018

The Lone Star State was ranked among the best of the best after receiving five No. 1 rankings and 48 top-10 spots in Business Facilities’ annual State Rankings Report

Texas secured the No. 1 spot in five different categories in Business Facilities’ annual State Rankings Report. In addition to receiving these top-notch scores, Texas secured 48 top-10 titles. Business Facilities’ rankings demonstrated Texas’ strength in a variety of industries and established the state’s global role in trade and investment.

Among Texas’ most notable No. 1 rankings were Foreign Direct Investment (FDI) and Foreign Trade Zone (FTZ) Activity. Texas’ strong ports and 32 designated FTZs have allowed the state to lead the nation in exports for the past 16 consecutive years. That, coupled with its central location and access to domestic and global markets, establishes Texas a leading location for trading and exporting goods. The Lone Star State’s unmatched FDI is thanks in part to the state’s ideal business conditions, talented workforce and strong economy. Foreign investment in Texas positively contributes to the economy by creating new jobs, encouraging collaboration between companies and inspiring innovation.

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The Epicenter of Eagle Ford Shale Oil and Gas Production

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DeWitt and Gonzales Counties, both located in the GVEC service area, are among the top five oil producing counties of the Eagle Ford Shale. Major producers with established operations in the area include Enterprise Products, EOG Resources, and Kinder Morgan among others.