Embraer to invest up to $70 million in new MRO facilities for commercial jets at Perot Field Alliance Airport in Fort Worth, Texas

No comments yet

  • A two phased plan will start with operations in an existing hangar while construction of a new state-of-the-art facility is underway
  • Fort Worth City Council approved incentives that will create approximately 250 new skilled aviation jobs in Texas 

Fort Worth, TX, October 15, 2024 – Embraer today announced the expansion and investment in the United States of its maintenance, repair and overhaul (MRO) services network to support the growing fleet of E-Jets with the opening of a new Embraer owned service center at the Perot Field Alliance Airport, in Fort Worth, Texas. 

In partnership with the City of Fort Worth, Denton County and the State of Texas, Embraer expects to begin operations in an existing hangar, in the beginning of the second quarter of 2025, while building a second hangar that should be concluded by 2027. With the new facilities, Embraer’s capacity to serve the E-Jets customers will increase by 53% in the U.S. The investment will reach up to $70 million and is expected to create approximately 250 new aviation jobs in Texas.

“We are excited to receive the final approval for this important expansion of our MRO business that supports our continued investment in the U.S. market,” said Carlos Naufel, President and CEO Embraer Services & Support. “We have a long-standing relationship with the State of Texas and look forward to our partnership with Hillwood at Alliance, and the opening of this new service center will create hundreds of highly skilled jobs in a vital segment for the aviation industry.”

The new Fort Worth service center will be added to the global network of Embraer, which includes 80 authorized centers and 12 owned service centers around the world. 

Ross Perot, Jr, Chairman, The Perot Group and Hillwood

“We are excited to welcome Embraer, a global leader in aviation, to Perot Field Fort Worth Alliance Airport and North Texas. This new facility will bring 250 high-quality jobs to Fort Worth and North Texas, further strengthening our region’s role as a key hub for aerospace innovation while ensuring that Embraer can efficiently support its expanding fleet of commercial jets in the U.S.  We are proud to be a part of this exciting new chapter in their growth.”

Robert Allen, President & CEO, Fort Worth Economic Development Partnership

“We’re thrilled that Embraer has selected Fort Worth and Perot Field Fort Worth Alliance Airport for their new aircraft facility. Collaborating closely with Hillwood and Embraer’s team throughout the entire process, this project stands as a clear testament to Fort Worth’s robust aerospace and defense sector. We’re excited to see the lasting impact this will have on the industry and our community’s continued growth.”

Robert Sturns, Director of Economic Development for the City of Fort Worth

“We’re excited to welcome Embraer to Fort Worth, and more specifically, to the Perot Field Fort Worth Alliance Airport. As one of the largest producers of civil aircraft in the world, Embraer’s new maintenance facility and 250 jobs will be an outstanding addition to our city, building upon the success of Fort Worth’s well-established foundations in aerospace and aviation.”

Denton County Judge Andy Eads

“This project is part of our growing aviation industry in Denton County, thanks in part to our longstanding partnership with Hillwood. The expansion of Embraer here will assist other aviation companies across the North Texas Region. In addition, through this deal, Denton County residents will have access to these well-paying career opportunities.”

Dianne Edmondson, Denton County Precinct 4 Commissioner

“I am thrilled to see a well-respected company like Embraer expanding in Denton County. And we so appreciate the ongoing partnership with Hillwood.”

 

About Embraer 

A global aerospace company headquartered in Brazil, Embraer has businesses in Commercial and Executive aviation, Defense and Security, and Agricultural Aviation. The company designs, develops, manufactures, and markets aircraft and systems, providing Services and Support to customers after-sales.

Since it was founded in 1969, Embraer has delivered more than 9,000 aircraft. On average, about every 10 seconds an aircraft manufactured by Embraer takes off somewhere in the world, transporting over 145 million passengers a year.

Embraer is the leading manufacturer of commercial jets with up to 150 seats and the main exporter of high value-added goods in Brazil. The company maintains industrial units, offices, service, and parts distribution centres, among other activities, across the Americas, Africa, Asia, and Europe.

 

Hillwood reveals plans for another huge spec building in Alliance

No comments yet

The company behind the 27,000-acre AllianceTexas, Fort Worth-based Hillwood Properties, is building another massive speculative industrial property in the master-planned development.

The company announced Oct. 8 plans for a 1.1-million-square-foot building called Alliance Westport 24. The building will be next door to a 1.2-million-square-foot building now occupied by Georgia-based cable and wire company Southwire.

Alliance Westport 24 will also be near FM 156 and the BNSF Railway Alliance Intermodal Facility. Hillwood plans to break ground this month and complete the building at the end of next year, according to the company. Hillwood is also working on a new road that will lead to the intermodal hub. 

Hillwood signed its largest industrial speculative space to Target Corp. in 2022, a 1.24-million-square-foot building at Alliance Center East 1. Reid Goetz, senior vice president of Hillwood overseeing industrial development, said the area has seen unprecedented demand.

“With Westport 24, Hillwood is doubling down on our industrial growth strategy within AllianceTexas and remains committed to attracting best-in-class logistics and manufacturing companies requiring facilities over 1 million square feet,” Goetz said in a statement.

Hillwood states in its announcement that the new building will include 2,700 square feet of office place, LED warehouse lighting, 3,000 amps of power and 20 full-dock packages that will allow a tenant to occupy the building after its constructed. The building will come with around 394 parking spaces and 227 trailer parking spaces, which could be expanded to 564 car parking spaces and 704 parking spaces.

Roanoke, Texas-based RGA Architects is the design firm for the building and Dallas-based Westwood is the civil engineering design firm. Hillwood Construction is the general contractor.

The announcement comes on the heels of the company’s announcement in May of a 766,994-square-foot high-end speculative industrial building, which is expected to be completed next June.

Hillwood Properties has developed and acquired 31 million square feet of industrial space as well as 3.2 million square feet of retail and office and more than 4,000 multifamily units, according to the company. It’s part of Dallas-based Hillwood, the group of real estate companies overseen by Ross Perot Jr.

Read More

LG Begins Taking Orders for its Fort Worth-Assembled EV Fast Chargers

No comments yet

Last January, LG opened its first U.S. factory for assembling EV charging stations in Fort Worth. Based in South Korea with USA headquarters in New Jersey, the company said it aimed to support the growth of America’s EV charging infrastructure while creating new local jobs.

Now that goal is closer to fruition. Today LG Business Solutions USA announced that it has begun taking orders for LG’s first Level 3 DC Charger in the U.S. The new fast charger, model LG EVD175SK-PN, can be seen on the right in the photo above.

LG said the charger will be assembled “starting this fall” at the company’s Fort Worth EV charging production center. The Level 3 DC Charger features dynamic load management of multiple chargers, a high resolution 24-inch LCD touch-screen display, and a liquid cooled CCS/NACS charging cable.

A stand-type model, the charger has a connected power bank that provides fast charging up to 175kW. The outdoor LCD touch-screen display can serve multiple functions for various owners and use cases, the company noted.

“LG continues to invest in the global electrification movement, and the announcement of our first Level 3 DC charger demonstrates our ongoing commitment to provide our U.S. commercial customers with solutions that enable them to build out their EV vehicle charging infrastructure,” LG Business Solutions SVP Michael Kosla said in a statement.

“Together, our Level 2 and Level 3 chargers are creating new opportunities for businesses, municipalities, and other public places to support the electrification of America,” Kosla added, “with independently owned and operated charging stations that create new revenue streams, additional marketing and income opportunities, and differentiation with competing businesses.”

 

Offering a ‘significant advantage’ over smaller EV charging firms

LG said it employees a nationwide network of sales, customer support, and technical maintenance professionals, providing the company with what it calls “a significant advantage” over smaller EV charging firms and offering buyers peace of mind when investing in their privately-owned charging infrastructure. LG’s Level 2 AC and Level 3 DC chargers also feature LG software, enablign integration with other LG infrastructure elements including digital display networks, the company said.

LG said its EV chargers are part of LG Electronics’ “broad electrification strategy,” which aims to empower customers to convert buildings to more sustainable energy usage, saving money and protecting the environment in the process.

Read More

Dallas-Fort Worth named top metroplex for warehouses

No comments yet

Dallas-Fort Worth is bolstering its claim as the top metro for distribution and warehousing in the United States.

A report released Sept. 26 by CommercialSearch ranked the Metroplex No. 1 overall on a composite index of 20 large metros for this key economic activity. Additionally, DFW ranked No. 1 in three key metrics: most distribution space added in the past four years, largest inventory of distribution space and most airports.

From 2019 to 2023, the Metroplex added roughly 110 million square feet of distribution and warehouse space, more than any other metro in the report. That boosted DFW’s total distribution and warehousing space to more than 613 million square feet.

Phoenix snagged the No. 2 spot on the index and added about 58.9 million square feet of distribution and warehouse space from 2019 to 2023, a 44% jump. Savannah, Georgia rounded out the top three with a 64% increase in space from 2019 to 2023, the highest percentage growth among the metros analyzed.

Houston ranked No. 6 overall and the Austin metro was 12th in CommercialSearch’s ranking.

North Texas is also known for being an easy place to fly into and out of, thanks to Dallas Fort Worth International Airport and Love Field. But the metro’s air freight capabilities expand well beyond those two facilities — CommercialSearch counted 17 airports in DFW, including Perot Field Fort Worth Alliance Airport, within Hillwood’s massive AllianceTexas industrial development.

Read More

Gatik secures investment to strengthen autonomous logistics efforts at AllianceTexas and beyond

No comments yet

An investment from Nippon Express Holdings Inc. will help Gatik, which specializes in autonomous middle-mile logistics, deploy its autonomous technology across the North Texas region and ultimately North America.

 

The details

According to a news release, as a middle-mile logistics company, Gatik specializes in medium-length trips from single digits to 150 miles long. At its AllianceTexas facility, Gatik is experimenting with autonomous trucking and is using smaller trucks for shorter and more frequent deliveries from fulfillment centers to stores in Dallas-Fort Worth. Some of the companies Gatik is working with include:

  • Kroger
  • Sam’s Club
  • Georgia Pacific
  • Pitney-Bowes

The news release states Gatik achieved the world’s first fully autonomous deliveries with Walmart in 2021. Other recent investments from Isuzu Motors and ITOCHU should help the company accelerate the transformation of middle-mile autonomy.

 

Quote of note

“Middle-mile autonomy is critical for solving the most pressing logistics issues businesses are facing today—ensuring faster deliveries, addressing growing labor shortages, reducing costs and meeting the rising demand for goods in this era of rapid e-commerce growth,” said Gautam Narang, CEO and co-founder of Gatik. “Our investment partnership with NX Group is a testament to the impact we’re making in North America and the confidence of global partners in our ability to meet the evolving needs of our customers.”

Read More

Southwire’s huge new warehouse adds to evolution of Alliance

No comments yet

 ‘There’s a real technology revolution going on inside the industrial space,’ Hillwood’s Perot says

Georgia-based Southwire, a cable and wire company, is settling into its 1.2 million-square-foot distribution center in AllianceTexas as the company feeds off the boom in data center development.

Southwire Co. LLC has been operating in the building for about four months, said Rich Stinson, president and CEO. The facility is expected to eventually employ about 250 people.

Last year, Southwire leased the building at 14800 Blue Mound Road in Haslet. It’s part of the massive Alliance campus developed by Hillwood.

Stinson said his business — which he called the biggest wire and cable company in North America, with 2023 revenue of about $8 billion — decided to move into AllianceTexas because of its central location and a great relationship working with Hillwood.

“Fort Worth gets us to the Midwest, gets us to the West Coast, gets us all through Texas, so we can cover half the country from here,” Stinson said.

Stinson sees a big opportunity in data centers, which he said will make up 6% of all electricity used next year. DFW is a major data center hub in its own right, accounting for about one-tenth of the primary U.S. data center market. He also cited the transition to 5G and new, high-tech factories in the U.S. as good business opportunities.

Southwire employs 9,500 people total. Stinson said the company invested $1.6 billion over the last four years and plans to invest $4.6 billion more, not including acquisitions, over the years few years. He said another DFW location for Southwire could land in Denton, where the company has another facility and owns more land, but nothing is final.

“So a very real scenario will be that we do build stuff right next to our other plant, and we’ll have sister plants,” Stinson said. “I mean, that is probably going to happen, but I’m not going to commit to that.”

Hillwood has gotten very good at catering to the evolving needs of industrial tenants. The high ceilings of Southwire’s new building are indicative of companies wanting higher inventory systems, which are increasingly being operated by robots and drones.

Ross Perot Jr., founder and chairman of Hillwood, said proximity to the BNSF Alliance Intermodal facility is also important for companies such as Southwire. He said Hillwood is going to implement autonomous trucking from the rail yards to the new building and construct a private bridge for the vehicles so they don’t have to use public roads.

“There’s a real technology revolution going on inside the industrial space that most people, if you’re not in the business, you don’t comprehend,” he said.

Despite a slower industrial market, Hillwood is continuing to construct large buildings, and announced in May a 3.5 million-square-foot space called Alliance Westport 14. Perot said there are a lot of buildings under construction that are almost leased and another wave of development is ahead. He said he was just about to approve the next million-square-foot speculative building.

Perot said AllianceTexas, with around 30 million square feet of inventory, is half developed. Currently, more than 560 firms are based there and about 70,000 people each day work in Alliance.

“We build to demand,” Perot said. “If our clients want buildings, they’re going to get buildings and even if the [interest] rates are higher, we will get a building through the system.”

Read More

Business Facilities 20th Annual Rankings Report: 2024 Metro Rankings

No comments yet

The Business Facilities 2024 Metro Rankings include more than 30 categories focused on factors important to corporate relocation and expansion decisions. Now in its 20th year, these rankings are designed to provide quick insight for site selection projects across North America and beyond. The rankings look at recent activity and performance, as well as considering future opportunities emerging in these states and provinces.

In Business Facilities’ 20th Annual Rankings Report, metro areas and cities of all sizes are recognized for attracting and retaining businesses. From Best Business Climate to Fastest Growing Cities and from Tech Talent Leaders to Food Processing, the rankings showcase the variety of location choices for site selection projects across all types of business.

Cities are the economic engines behind the growth of states and regions. As part of the Annual Rankings Report, Business Facilities recognizes the activity and accomplishments occurring at the local level with the Metro Rankings each year.

Industrial Parks

This year’s Business Facilities’ Industrial Parks ranking focused on size in terms of acreage, then honed in on locations that excel in strategic location, transportation and infrastructure, and amenities. Ranging from 100,000+ acres to close to 2,000, the top ranked parks this year showcase the breadth of options for companies of all sizes. As decision-makers seek leading logistics, flexible space, and amenities there are a growing number of properties with a variety of choices for companies.

Taking the No. 2 spot is AllianceTexas, in Fort Worth, TX. The 27,000-acre AllianceTexas site serves as a world-class intermodal logistics hub, transporting goods by rail, air, and major highways like I-35W from Mexico to Canada. The master-planned mixed-use community is currently home to 574 companies. Within AllianceTexas, the Perot Field Fort Worth Alliance Airport is ranked as #19 in the U.S. for cargo operations, moving 2.5 billion pounds of cargo during 2023. The airport also serves as a regional air hub for Amazon, FedEx, and UPS Ground.

When it comes to rail, the AllianceTexas corridor contains two Class I rail lines through Fort Worth-based BNSF and Union Pacific, with BNSF Railway’s intermodal facility performing over one million lifts per year.

Finally, the AllianceTexas corridor in Fort Worth is home to the Mobility Innovation Zone (MIZ), which offers an ecosystem to support the advancement of logistics and mobility technologies. Companies have access to complex airspace to test and commercialize their supply chain solutions, which has made the MIZ an effective site for drone delivery testing by Wing, as well as robotic trucking by middle-mile leader Gatik, and unmanned robotic couriers by Clevon.

Drone History Made in North Texas with First FAA-Approved Commercial Flights Without Visual Observers

No comments yet

Wing and Zipline have partnered with Walmart to offer drone deliveries for “up to 75%” of DFW residents, along with providing services for other area businesses. Now the two innovators have received the first-ever FAA approval to operate drones beyond line of sight in the same shared airspace using new UAS traffic management technology (UTM).

 

Marking a first in U.S. aviation history, the Federal Aviation Administration has authorized Wing Aviation and Zipline International to fly commercial drones in the same Dallas-area airspace without visual observers. 

In typical operations, a drone pilot must be able to see the aircraft at all times, the FAA said in a blog posted on Medium. But beginning in early 2023, Wing and Zipline began testing a new system called UAS traffic management technology, or UTM (UAS is short for unmanned aircraft systems.) The testing was initially done via simulations.

UTM leverages new advancements in air traffic technology and procedures that the FAA says could one day make Beyond Visual Line of Sight (BVLOS) flights “routine.”

The FAA authorizations will allow Wing and Zipline to deliver packages in the Dallas area while keeping their drones safely separated using the UTM system—managing the airspace themselves with “rigorous FAA safety oversight.”

“This is the first time the FAA has recognized a third-party to safely manage drone-to-drone interactions,” Praveen Raju, a program manager in the FAA’s NextGen Office, said in the blog post. “As always, safety comes first, and we required exhaustive research and testing before giving the green light.”

Dallas Innovates has been following the rise of drone deliveries in North Texas for years.

A lot of initial testing happened at Hillwood’s AllianceTexas Flight Test Center in Fort Worth in what’s known as the Mobility Innovation Zone (The MIZ), where advanced testing continues to this day.

In October 2021, Wing Aviation—Alphabet’s drone delivery sister company—launched a first-of-its-kind commercial drone service in a major U.S. metro out of Frisco Station north of Dallas. That same month, Wing began making on-demand deliveries from Walgreens drug stores in Little Elm and Frisco.

In March 2022, Israel-based Flytrex began delivering chicken wings by drone from a Chili’s restaurant in Granbury in a partnership with Dallas-based Brinker International. In flights that averaged 3 minutes 30 seconds, wings zoom over Lake Granbury, pause above their destination, and are lowered to the ground in a bright yellow bag, while the drone hovers 80 feet above.

In December 2022, Walmart began drone deliveries from 11 Dallas-area stores via a partnership with the company DroneUp. The drone hubs included Dallas, Garland, Mesquite, Murphy, Plano, Richardson, Rowlett, and The Colony.

In August 2023, Walmart said it was partnering with Wing to expand its drone delivery service in Dallas-Fort Worth by adding services to two area superstores.

In October 2023, Ireland-based Manna Drone Delivery kicked off its U.S. commercial operations from The Miz in Fort Worth, with drones that fly at 60 miles per hour at a height of around 200 feet. The first deliveries were food, beverages, and Halloween candy to residents of Hillwood’s Pecan Square development at the north end of the AllianceTexas MIZ.

Read More

Renaissant: Secures $5 million in Series A funding to revolutionize freight movement

No comments yet

MILWAUKEE, WI, July 15, 2024 — Renaissant, a logistics software company, successfully closed a $5 million Series A funding round led by TitletownTech, with significant participation from Interlock Partners and Venture53. NFI Ventures and Perot Jain also took part in the round. This latest funding will enable Renaissant to accelerate the development and deployment of its cutting-edge logistics management platform.

Renaissant was founded in 2018 with the mission to empower companies by enhancing their logistics operations through advanced software and data analytics. The company’s workflow platform addresses inefficiencies in operations and enterprise systems by integrating and optimizing warehouse management, transportation management, and driver check-in and -out processes. The platform is revolutionary in its design and drives significant improvements in operational efficiency, enhanced site security, sustainability, and compliance, all while reducing hours of labor required to ship products.

“This funding highlights the incredible progress we’ve made and the significant market opportunity ahead of us,” said Tom Dean, CEO and Founder of Renaissant. “We are excited to partner with TitletownTech, Interlock Partners, and our great partners to further our mission of transforming logistics operations for our customers.”

Renaissant has demonstrated strong market traction, helping customers reduce driver dwell times by up to 50% within three months, reducing thousands of hours of wasted time daily, and achieving millions of dollars in cost savings through automated scheduling, faster loading cycle times, and reduced freight theft. The platform’s ability to integrate seamlessly with existing enterprise IT systems without costly or time-consuming customization makes it an attractive solution for companies looking to improve their logistics operations quickly.

“Renaissant’s innovative approach to logistics management aligns perfectly with our investment strategy,” said Jeff Williams, Managing Partner at Interlock Partners. “We believe in Renaissant’s vision to automate the gate, yard, and dock and are confident in their ability to lead the logistics software market.” Aaron Brown, Chief of Staff at NFI added, “As a diversified supply chain provider, NFI is committed to enhancing efficiency through innovative software solutions that optimize our warehouse and trucking assets. The NFI Ventures team recognized the opportunity to invest in Renaissant and leverage the data and insights across our operating systems to elevate support to our customers.”

Renaissant has received praise for its transformative impact on operations. “Our collaboration with Renaissant exemplifies the Perot Jain Alliance model by integrating strategic investment with commercial partnerships,” said Aaron Pierce, Partner at Perot Jain. “This synergy not only enhances operational efficiency but also strengthens the resilience of our customers’ logistics operations here in AllianceTexas through cutting-edge technology,” said Ian Kinne, Director of Logistics Innovation at Hillwood.

The new capital will be used to enhance the platform, expand customer success, and strengthen its sales and marketing efforts, particularly in regions where the company’s Indirect Source Rule compliance solutions have seen significant demand.

“Businesses of all kinds understand that they must get more efficient every year to compete and there are very few ways to deploy software today that connects systems in a way that delivers near instant ROI. Renaissant does just that. This is one smart company and we’re proud to support their vision,” said Pat Martin, Founder and General Partner of Venture53.

“Our customers have achieved remarkable savings and efficiency gains using our platform,” added Tom Dean. “With this investment, we plan to expand our reach and continue to innovate, delivering even greater value to our clients.”

 

About Renaissant

 Founded in 2018, Renaissant is a leading logistics software company dedicated to enhancing logistics operations through advanced software and data analytics. Renaissant’s innovative workflow platform integrates and optimizes warehouse management, transportation management, and driver platforms, significantly improving operational efficiency and reducing costs for its clients. See www.renaissant.com for more information.

 

About TitletownTech

Formed in 2019 out of a partnership between the Green Bay Packers and Microsoft, TitletownTech is an early-stage venture capital firm that invests in entrepreneurs solving meaningful problems in industries core to Wisconsin and the Midwest. Located in Green Bay’s Titletown, TitletownTech’s unique ecosystem convenes engaged investors, in-residence partners, industry advisors, higher education, and a dedicated team to provide founders with support and guidance tailored to their needs. With investments across six verticals: advanced manufacturing & construction; supply chain & logistics; agriculture, water, & environment; digital health; sports & media; and cross-industry technology, TitletownTech invests in the US and Canada, with a focus on the Midwest. For more information, please visit www.TitletownTech.com.

 

About Interlock Partners

Interlock Partners is an early-stage venture capital firm with offices in Dallas and New York focused on making investments in transformative technology companies.  Interlock is proud to partner with exceptional entrepreneurs with big ideas and bold attitudes who are building category leading companies in areas such as business services, advertising, marketing, financial services, education, human capital, and e-commerce. As seasoned entrepreneurs and operators ourselves, we prefer to back innovators who can leverage the deep expertise of the Interlock team. For more information, please see www.interlock.vc. 

Top 20th Annual Metro Rankings Report

No comments yet

Business Facilities has revealed the top cities and metro regions for a select number of categories in its 20th Annual Rankings Report. Focused on more than 60 factors pertinent to site selection teams for business relocation and expansion investments, these rankings serve as a valuable resource for corporate site selectors and site selection consultants. Comprised of State, Metro, and Global rankings, the 20th Annual Rankings Report will be published in the July/August 2024 issue of Business Facilities.

 

“The annual Metro Rankings Report recognizes the strengths of metros and cities across North America, and our evaluations take into account a broad range of site selection factors. As companies seek the ideal location for their relocation and expansion projects, the 2024 rankings will provide valuable insight for site selection teams,” says Business Facilities Editorial Director Anne Cosgrove.

The Right Stuff: Tech Talent Leaders

The Business Facilities Tech Talent Leaders rankings showcase the availability of a tech-centric workforce in cities and metro areas across the United States. In this category, size and growth of the talent pool were primary factors, which led to three rankings, divided by size of labor pool.

The top 5 Tech Talent Leaders with large labor tech pools (100,000 and more) are: San Francisco Bay Area, CA; New York Metro, NY; Washington, DC; Los Angeles/Orange County, CA; and Dallas/Fort Worth, TX. Also ranked in the top 10 are: Seattle, WA; Chicago, IL; Boston, MA; Atlanta, GA; and Denver, CO.

The Tech Talent Leaders in the mid-sized labor pool (50,000 to 100,000) is topped by: Detroit, MI; Austin, TX; Minneapolis/St. Paul, MN; San Diego, CA; and Baltimore, MD. Rounding out the list are: Raleigh-Durham, NC; Portland, OR; Charlotte, NC; Salt Lake City, UT; St. Louis, MO; and Tampa, FL.

Home Base Wins & Space To Make: Corporate Headquarters, Industrial Parks

Based on the number of Corporate Headquarters gains and total number along with the factors that business leaders take into account for a home base, the 10 locations ranked this year represent a wide swath across the U.S.

Taking the top spot in the magazine’s latest ranking is Austin/Round Rock, TX with 66 new headquarters between 2018-23. The Top 5 ranked also include San Jose/Sunnyvale/Santa Clara, CA; New York City/Jersey City, NJ/White Plains, NY; Dallas/Fort Worth, TX; and Houston/The Woodlands/Sugar Land, TX.

Rounding out the Corporate Headquarters category: Atlanta/Sandy Springs/Alpharetta, GA; Chicago/Naperville/Evanston, IL; Minneapolis/St. Paul/Bloomington, MN; Nashville/Davidson/Murfreesboro, TN; and Denver/Aurora/Lakewood, CO.

This year’s Business Facilities’ Industrial Parks ranking focused on size in terms of acreage, then honed in on locations that excel in strategic location, transportation and infrastructure, and amenities. Ranging from 100,000+ acres to close to 2,000, the top ranked parks this year showcase the breadth of options for companies of all sizes. The Top 3 are: Tahoe-Reno Industrial Center (Reno/Sparks, NV); AllianceTexas (Fort Worth, TX); and TexAmericas Center (Bowie County, TX).

Read More