Texas once again has topped the list for new and expanded corporate facilities added in a year, according to Site Selection Magazine. With 1,028 new projects in 2022, the state had more than the next two states combined – Illinois and Ohio.
“Texas truly is America’s economic engine, and we stand apart as a model for the nation,” Texas Gov. Greg Abbott said, according to The Dallas Morning News. “When choosing where to relocate or expand their businesses, more and more innovative industry leaders find themselves at home in our state.”
Two projects valued at $8.5 billion each helped snare the state’s top spot: a chemical plant in Orange and a liquified natural gas plant in Corpus Christi. They were followed by a $5 billion silicon wafer plant in Sherman.
