Greg Abbott

Wells Fargo To Build a 22-Acre Corporate Campus in Irving, Creating 650 New Jobs

Governor Greg Abbott confirmed today that San Francisco-based Wells Fargo will build a new corporate campus in Irving's Las Colinas development. Based around two 400,000-square-foot towers, the campus will provide a home for Wells Fargo's 3,000 local employees, while creating 650 jobs. Dallas firm KDC has been tapped as developer.

The move is being aided by a $5 million "deal-closing" grant from the Texas Enterprise Fund, on top of $30 million in incentives approved by the Irving City Council in August.
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A Texas Delegation Is on a Business Development Trip Across Europe This Week
by | Sep 26, 2022
The delegation—including Texas First Lady Cecilia Abbott, Texas' secretary of state; leaders from TxEDC, the Dallas Regional Chamber, and EDCs from across North Texas; and more—will travel to London, Paris, and Frankfurt in the next few days. Its mission: sell three of Europe's leading business centers on doing business in Texas. "We look forward to strengthening our business relationships in Europe as well as developing new ones," says Robert Allen, TxEDC president and CEO.
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Integrated Defense Products Relocates Its HQ from California to Rockwall
IDP—a family-owned specialty manufacturer of parts for the defense, firearm, aerospace, and medical industries—plans to add at least $7 million in new taxable value to Rockwall, while hiring 25 to 30 local workers. “It’s imperative that we always keep an eye on the future," says IDP President Brandon Buschold. "Without any real focus on our youth, there will be a lack of innovation—and ultimately, no torch to pass on."
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Illinois-Based ExteNet Systems Is Moving Its HQ to Frisco
ExteNet Systems is relocating from the Chicago area to a new 37,000-square-foot space at the Frisco Station development. The company—which specializes in providing secure 5G and fiber-neutral host communications infrastructure—has worked on projects for the Dallas Cowboys' AT&T Stadium, the Empire State Building, and Dallas’ Bank of America Plaza.

It's an "opportunity to reimagine our future," says Richard Coyle, ExteNet's president and CEO.
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Lee Bratcher Texas Blockchain

The Texas Blockchain Summit Will Feature Senators John Cornyn and Ted Cruz and Other Cryptocurrency Boosters

by | Oct 5, 2021
The inaugural October 8th Texas Blockchain Summit could be a watershed event for making Texas "the jurisdiction of choice" for Bitcoin and other digital currencies. Lee Bratcher, president of the Texas Blockchain Council, will host a wide array of speakers including Texas Senators John Cornyn and Ted Cruz and Wyoming Senator Cynthia Lummis.
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Mobile Infrastructure Consultancy MD7 Relocates Its Headquarters From San Diego to Allen
by | Aug 11, 2021
The move will create more than 200 new jobs and more than $6.8 million in capital investment.
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Amazon Has Invested $15B in North Texas—And a Total of $29B Across the State—since 2010
by | Aug 11, 2021
On Wednesday, Amazon announced findings from its 2021 U.S. Economic Impact Report, sharing a by-the-numbers look at its U.S. investments.

With its recently opened fulfillment center in Forney, Amazon now has more than 30 operations facilities across Dallas-Fort Worth—making North Texas its biggest market in the state. The company now has 37,000 direct employees in DFW alone.
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Texas Gov. Greg Abbott Expects Economic Recovery To Accelerate as Texas Receives More Vaccines and Treatment Options
Gov. Abbott foresees an increase in business activity by the early part of next year. With recent corporate headquarters moves to Texas, including Charles Schwab and CBRE, he believes that there has never been a more exciting time for economic development.
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La Moderna

Mexican Pasta Maker La Moderna Unveils 1st U.S. Plant, Headquarters in Cleburne

by | Mar 23, 2018
La Moderna celebrated the grand opening of its $50 million high-tech U.S. headquarters this week.
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