Texas Delegation Foremost Small business Advancement Mission To Europe | Business of the Texas Governor

September 26, 2022 | Austin, Texas

Press Release

Governor Greg Abbott now announced a Texas delegation is leading a organization progress mission to Europe from September 26-29 to meet up with with business leaders in London, England, Paris, France, and in the Frankfurt region of Germany and to host situations showcasing Texas as the best condition in the United States to do organization.

The Texas delegation consists of Texas First Lady Cecilia Abbott, Texas Secretary of Point out John Scott, Government Director of the Governor’s Texas Financial Advancement & Tourism Office Adriana Cruz, and President & CEO of the Texas Economic Development Company Robert Allen, in addition to a dozen other financial improvement leaders from across the condition.

“Texas genuinely is a magnet for progressive industry leaders,” mentioned Governor Abbott. “As the leading state for attracting position-producing world wide investments and property to much more Fortune 500 headquarters than any other point out, Texas provides unmatched working advantages—a welcoming enterprise local climate and a younger, diverse, qualified, and developing workforce. Alongside with straightforward entry to international marketplaces, a robust infrastructure and transportation community, predictable rules, and over-all financial power, Texas has developed a framework where enterprises can prosper and Texans can prosper. I thank the Very first Girl, Secretary Scott, our economic development teams, and all of the members of the Texas delegation for representing the fantastic condition of Texas, and I glimpse ahead to welcoming additional new employment and a lot more new organization investments to the Lone Star Point out.”

The United Kingdom, France, and Germany are crucial trade associates with Texas and are amid the best nations around the world for international immediate investment decision projects in the Lone Star Condition. Shared sector strengths include things like aerospace and aviation, production, pharmaceuticals, facts technological know-how, and much more.

Above the very last ten years, world investments in Texas incorporate:

  • United Kingdom firms claimed 341 expenditure tasks in Texas, anticipated to produce $5.5 billion in funds financial investment and extra than 14,500 new work
  • French businesses noted 85 expenditure initiatives in Texas, expected to produce $5.9 billion in funds expense and far more than 7,000 new positions and
  • German organizations documented 154 financial investment tasks in Texas, anticipated to make $9.8 billion in money financial investment and extra than 12,600 new positions.

The enterprise improvement trip is sponsored and paid out for by the Texas Economic Growth Company.