Heather Armstrong (Career Design)’s Post

Texas has secured the Governor's Cup for the 12th consecutive year! This award, bestowed by Site Selection magazine, recognizes the Lone Star State as the top destination for business relocation and expansion. What's the Governor's Cup? It is an annual honor given to the state with the highest number of qualified business relocation and expansion projects within a calendar year. It serves as a testament to the state's favorable business climate, robust infrastructure, and economic development policies. Texas outperformed all other states, boasting a remarkable 1,254 projects that met stringent criteria. In metropolitan areas, the Dallas-Fort Worth region emerged as the second most active, with 452 projects, reinforcing its reputation as a key economic hub. Houston and Austin-Round Rock also made significant contributions, ranking third and tenth with 413 and 96 projects, respectively. This achievement underscores Texas's exceptional business climate, thriving economy, and unwavering commitment to fostering growth and prosperity. #TexasEconomy #GovernorsCup #EconomicGrowth Source: The Dallas Morning News https://lnkd.in/gZjerd84

(Dallas Morning News) Texas trounces all other states in the country yet again in attracting business relocation and expansion projects, earning the coveted Governor’s Cup distinction for the 12th year in a row. The trophy, awarded by Site Selection magazine, ranks each state based on how many new corporate facilities are being built and how many current ones are being expanded. To qualify, projects must involve at least $1 million investment, create a minimum of 20 jobs and add 20,000 new square feet of space. Texas crushed its competition with 1,254 projects. Its closest competitor, Illinois, had 552. Other states like Ohio, California and Georgia rounded out the top five states, with 462, 374 and 318 projects respectively. It’s the most amount of projects the state has had this decade. In 2020, Texas had 781 projects, in 2021 it had 1,123 projects and in 2022 it had 1,028 projects. “There’s no state in America that has such a prolific environment of economic development professionals than the State of Texas,” Governor Greg Abbott said Friday from the governor’s mansion in Austin. “It’s on behalf of the hard-working men and women who work every day to make Texas No. 1 economically and the members of the legislature.” #governorscup #texas #economicdevelopment #12yearwinningstreak

ICYMI, our Chairman John Atkinson wrote about the State of Illinois' 2024 Economic Growth plan, including the impact of the State's restored fiscal standing in attracting new business. These improvements include: ◼️ Eliminating all short-term debts ◼️ Receiving 9 credit rating upgrades in a row ◼️ Operating under a 5th balanced budget with consistent surpluses "By prioritizing and improving the state’s foundational economic health, we are free to prioritize growth, expansion and innovation in ways we couldn’t before." Learn more about #TeamIllinois' future-ready strategy in Crain's Chicago Business: https://bit.ly/4gkULGJ Illinois Department of Commerce and Economic Opportunity #BeinIllinois

See Stanley D. Longhofer’s presentation slides now.

Have you looked at Arizona Association for Economic Development? With the amount of development, workforce, and education changes facing Arizona, AAED may be the right connectivity your need. Id love to help connect you if I may: https://lnkd.in/gQ6MxE3u

After a banner year for economic development, Illinois is set to build on the momentum. See how the state's spirit of collaboration is going to fuel business growth in 2024... Illinois Department of Commerce and Economic Opportunity #economicdevelopment #business #illinois https://hubs.li/Q02gNzRP0

ICYMI: Innovate Illinois recently announced its support for Richland Community College’s application for the Recompete Pilot Program Phase 2, submitted to the Economic Development Administration (EDA). This initiative seeks a transformative $47M grant aimed at fortifying workforce development and economic resilience in Decatur. Richland's proposed project, Workforce Opportunities for Resilient Communities (WORC), targets pivotal economic and workforce development through direct intervention in education, training and job preparation, particularly within Decatur’s urban core which has faced historical employment challenges. Learn more: https://ow.ly/5TJX50S4uwE

SAVE THE DATE - May 2! Maryland adopted a pioneering approach to Smart Growth more than 25 years ago. In collaboration with the National Center for Smart Growth , MDP, and other sponsoring organizations, join us for an important summit called "Smart Growth from Here: Towards a Sustainable and Equitable Maryland." This summit will chart the progress we have made so far and explore how Smart Growth can lead to a more sustainable and equitable Maryland. Learn More: https://lnkd.in/e4_cxrDn

Reasons to invest in Pearland 🍐 * Proximity to Houston 🚗 *STRONG Economic Growth 💪🏽 *Population Growth 🧑🧑🧒🧒 *Diverse Housing Market🏘️ *Infrastructure & Amenities 🛝 *Development & Growth 📈 🔗Click on the link in the comments to get more information about our Pearland BTR Investment opportunity!

South Carolina ranks 19th overall among America’s top states for business in 2024, according to CNBC.   The business news channel said South Carolina’s highest rank is 10th for the cost of doing business. The state’s lowest is 40th for access to capital.   In other categories, South Carolina is 11th for infrastructure, 17th for workforce, 12th for the economy, 39th for quality of life, 28th for technology and innovation, 27th for business friendliness, 28th for education and 27th for cost of living.