Posted by Staff | @CorridorNews | @Corridor_Sports

House Bill 2482 (83rd Legislature) directed the Texas Comptroller’s office to conduct a study to determine the reasons major manufacturers have chosen to invest in other states after considering development in Texas.

To conduct this study, the agency reviewed relevant literature and requested information related to economic incentives, the promotion of manufacturing development and recommendations for maintaining the state’s manufacturing competitiveness.

Our office found that Texas communities are doing an outstanding job of bringing manufacturing investment to the state and identified relatively few manufacturing operations that located in another state after being offered economic incentives by a Texas community and/or the state. This report discusses these findings and provides steps the state can take to ensure Texas remains a leading competitor for investment.

Report PDF: Manufacturing Development In Texas Report | December 2014