The Amarillo EDC's mission is to promote business expansion in the greater Amarillo area that builds a stronger, more diversified economy. The Amarillo EDC assists primary businesses, which are companies that sell the majority of their products or services outside the Texas Panhandle region, and do not compete directly with existing local businesses. The EDC has aggressive business incentive programs funded from the proceeds of a half-cent sales tax for economic development that yields over $17 million annually. Cash grants and interest-free loans are available to companies creating new jobs in Amarillo. The level of financial assistance from Amarillo EDC is determined by a formula based on the number of new jobs a company will create, the average wage rate of those jobs, and the company's total capital investment in the project.
External link for Amarillo Economic Development Corporation
600 S Tyler St
Suite 1600
Amarillo, Texas 79101, US
Economic development diversifies our local economy through the retention, attraction and creation of high-quality jobs and investment.
In celebration of Economic Development Week, we're making some of our member-only content available to everyone! Dive into our latest publication, “What is Economic Development is and Why It is Important." Click below to view our publication and learn more about why Economic Development matters. #EconDevWeek
Site Selection has become more competitive with tighter timelines, and site readiness is more important now than ever before. Our site, CenterPort Business Park, has received a silver designation which is also the first REDI Site designation in the state of Texas! This achievement highlights our commitment to high standards of site readiness, making CenterPort a competitive option for investment in Amarillo. #REDISites #SiteReadiness #SiteSelection
Welcome home, Chelsea! Chelsea always knew she wanted to get back to her roots. She and her husband, Brian, were eager to expand their advertising business here in Amarillo. Their family enjoys the Panhandle's fantastic Mexican food and visiting Palo Duro Canyon. The Wink Family is featured in the newest edition of our ReRoot newsletter where we encourage former Amarilloans to learn more about what's happening back home. If you know someone who might be interested, let us know at https://lnkd.in/g6DqBV3r.
Congratulations to Affiliated Foods on the grand opening of its new produce facility! In business since 1946, Affiliated Foods is a wholesale distribution cooperative supplying grocery stores and restaurants in about a half-a-dozen states. In 2023, the company started an expansion of its dry warehouse and construction of a new produce building. The expansion project created 30 new jobs and retained more than 700.
TWC is offering the Skills for Small Business (SSB) program as part of a statewide initiative to support child care employers with fewer than 100 employees. The SSB program provides access to training for the employers’ full-time staff members. This opportunity includes: - Training for full-time employees. - Funding for tuition and fees of up to $1,800 per newly hired employee or $900 per incumbent worker. - Training provided by a public community or technical college or by the Texas A&M Engineering Extension Service. - Training selected from active course catalogs and schedules, including: credit, continuing education, online courses, and other available unpublished courses.
We know how important quality #childcare is for Texans. #TXchildcare providers are eligible to benefit from TWC’s Skills for Small Business grants! 👶 ✅ #TWC will fund public community or technical college training for your workforce. Learn more and apply today 🔗 https://lnkd.in/gWUtCUBW
Don't forget about the Fall Job Fair next week hosted by Workforce Solutions Panhandle! More than 80 employers are participating in this year's event to network and fill open positions in the area. To make the most of the event, come dressed appropriately for the position you're seeking and ensure you have childcare arrangements in place. Be prepared to introduce yourself, share your career goals, highlight your skills, and explain why you're the right fit for the company.
Jerad is a Business Development Executive with SOARR Services. He brought his family back to Amarillo in 2019. He says his favorite thing about Amarillo is no big city rush hour traffic - everything in 15 mins away, or less. Jerad loves that it has a small-town feel but includes some of the bigger city amenities.
Amarillo Economic Development Corporation reposted this
1. Amarillo's cost of living is 17% lower than the US. 2. Our median home price is $262,750 which often comes with good yard space and more than 1,600 square feet. 3. The PEOPLE make Amarillo the wonderful community it is. Southern hospitality is a real thing y'all. 4. Average commute time in Amarillo is 18 minutes from one side of town to the other. 5. Amarillo's unemployment rate is lower than both the state of Texas and US. From 2018 to 2023, jobs increased by 12.2% in Randall County. This change outpaced the national growth rate of 4.3% by 7.9%.
With fall coming, is it time to snuggle up to a new city? 🍁 Here's why a smaller city might be a ✨cozier✨ fit. Head over here 👉 https://lnkd.in/eRvknizb for more + the places that should be on your radar