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Dear Texas Economic Development & Tourism Stakeholders,
What a historic summer this has been for Texas!
First, we'd like to take a moment to thank all of our partners across the state who helped make the FIFA World Cup 2026 such an overwhelming success! Your hospitality showcased the best of Texas, and we are thrilled to see the positive impact that the games have had, and will continue to have, on our state for years to come. Below, you'll find a recap on the world's top international tournament that put the Lone Star State on the world stage.
We were also proud to participate in the Great American State Fair through the July 4th holiday in Washington, D.C. to celebrate the 250th anniversary of the founding of our country and Texas' impact on American history. Organized by our team in Travel Texas, the Texas pavilion showcased Texas’ unique culture, history, music and innovation. For more information and to see photos, visit my LinkedIn.
In other big news, the Texas Economic Development & Tourism Office has moved! After more than 20 years at 221 E. 11th St., we have relocated to a new building while a new office building is constructed for the Governor’s Office next to the State Capitol. We look forward to welcoming you to our new office home. See below for our new address. Our phone numbers, email addresses and P.O. Box will all remain the same.
Thanks for reading this latest issue of the Texas Business Bulletin, where you’ll find recent and upcoming events, our economic snapshot, new resources, project announcements, job openings and more!
As always, please be sure to visit our website, follow us on social media or reach out to a member of our team if we can be of any assistance.
Adriana Cruz, Executive Director
Texas Economic Development & Tourism Office
Office of the Governor
The Texas Economic Development & Tourism Office has moved to a new office location! Please update your records with the new address:
Physical Address:
400 W. 15th Street
12th Floor
Austin, TX 78701
For overnight or hand deliveries:
400 W. 15th Street
Room B00
Austin, TX 78701
(Please note the room number is B zero zero.)
Regular Mail:
P.O. Box 12428
Austin, TX 78711
Our phone numbers and email addresses and regular mailing address remain the same. We look forward to welcoming you at our new offices!
 Total Texas Labor Force: 15,904,900 (June)
State Sales Tax Revenue: $4.2 billion (June)
Texas Exports: $54 billion (April)
 Texas welcomed international visitors from across the globe to our state for the FIFA World Cup 2026! Now that the tournament has officially come to a close, we reflect on an extraordinary milestone for Texas that showcased our state on one of the world's biggest stages.
Hosting more matches than any other state, and hosting the tournament's International Broadcast Center, Texas welcomed millions of fans, athletes, media and visitors from around the world, creating an unforgettable experience while demonstrating why Texas continues to lead as a premier destination to visit, live, work and do business.
We extend our congratulations and sincere appreciation to our partners in Dallas and Houston, along with the countless local communities, volunteers, businesses and organizations whose dedication helped make the games a tremendous success. Throughout the tournament, Texas businesses experienced increased activity and visitors had the opportunity to experience the very best of the Lone Star State—from our world-renowned barbecue and vibrant culture to the unmatched hospitality that defines Texas.
The tournament's lasting impact extends far beyond the final match. The global exposure generated through the FIFA World Cup has highlighted the Texas brand, introducing millions of people worldwide to the opportunities, innovation and quality of life that make our state exceptional.
Thank you to everyone who played a role in making this historic event possible. We look forward to welcoming visitors from around the world back to Texas! For another look at the official Texas World Cup Sizzle reel, visit our YouTube page.
The most advanced shipyard in the world will be built in Texas! Saronic will build a next-generation shipyard at the Port of Brownsville—expected to be the largest in the nation—bringing an estimated 10,000 new jobs and more than $3.2 billion in capital investment. Governor Greg Abbott joined the company and local leaders for the historic announcement in July. A Texas Enterprise Fund award was extended to the company and the shipyard also qualified under the Texas Jobs, Energy, Technology & Innovation (JETI) program. Read more in the Governor's press release.
 Texas is where global leaders choose to build bigger! In July, Governor Abbott announced that Toyota Motor Manufacturing Texas will expand manufacturing production capacity with a second vehicle assembly line in San Antonio. The expansion doubles the company's existing manufacturing footprint and represents a $3.6 billion capital investment that will create 2,000 new jobs. A Texas Enterprise Fund award was extended to the company and the project also qualified under the Texas Jobs, Energy, Technology & Innovation (JETI) program. Read more in the Governor's press release.
Meet the Team
Mary Garcia Ortiz recently joined the Business Development Team as a Business & Industry Specialist. She is a marketing and project management professional with experience in tourism, digital marketing, nonprofit fundraising and regional business development.
A proud graduate of The University of Texas Rio Grande Valley, Mary earned a Bachelor of Business Administration with a concentration in Marketing and a minor in Philosophy. She is passionate about building meaningful partnerships and helping new and existing businesses expand and thrive across the state of Texas.
Outside of work, Mary enjoys exploring the local culinary and nightlife scene, paddleboarding on the weekends and spending time with her two dogs. Contact Mary through our staff directory.
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ROG.e 2026 I Rio de Janeiro, Brazil I September 21-24, 2026
Texas small businesses in the energy industry are invited to apply to join the State of Texas booth at Rio Oil, Gas and Energy (ROG.e) in Rio de Janeiro, Brazil! ROG.e is a four-day international conference and exhibition that combines a standard trade show format with debates, lectures, networking and social events to connect bright minds and ideas in the oil, gas and energy industry. The event covers topics such as oil and gas, renewable energy, energy transition and decarbonization, hydrogen, offshore technology, supply chain and energy infrastructure, and innovation and digital technologies in energy.
Application Deadline: August 3
You're invited to attend an upcoming Governor's Small Business Summit! These events help Texas small business owners and aspiring entrepreneurs reach new heights by connecting them with the resources and information needed to start, strengthen and grow a business. The events offer a variety of sessions bringing together local, state and federal resource partners to provide key insights on critical business topics. It's also an opportunity to network with other business owners and meet experts who will share timely, relevant and actionable information on a multitude of small business subjects.
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June 6: Governor’s Small Business Summit — Midland
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September 3: Governor's Small Business Summit — Nacogdoches
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September 17: Governor’s Small Business Summit — Brewster County
 
In July, Governor Abbott joined Caterpillar Inc. and local leaders at the company’s advanced engine manufacturing facility in Seguin to celebrate Caterpillar’s investment in Texas.
 Texas' success in attracting the most corporate expansion and relocation projects in the U.S. is due to a unique combination of competitive business advantages that are found only in Texas. For more on these business advantages, visit our Why Texas webpages. Here are some recently announced projects in regions across the state:
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Texas Instruments in Richardson: Texas Instruments announced a $700 million investment for expanded capacity and technology investments their 300mm semiconductor wafer fab in Richardson. A Texas Semiconductor Innovation Fund (TSIF) grant of $33.6 million was extended to the company.
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LITEON in McKinney: LITEON will establish a new North American headquarters for its advanced manufacturing facility in McKinney for the production of AI power and infrastructure-related solutions. The initial phase of the project represents a $307 million capital investment and 500 new jobs. A Texas Enterprise Fund award was extended to the company.
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FormFactor in Famers Branch: FormFactor will create a new probe card manufacturing facility in Farmers Branch expected to create more than 600 jew jobs and between $140 to $170 million in capital investment in 2026. A TSIF grant of $24.2 million was extended to the company.
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Quantum Global Technologies in Austin: Quantum Global Technologies announced plans for a new services facility in Austin, expected to create 287 new jobs and generate more than $43 million in investment. A TSIF grant of more than $3 million was extended to the company.
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Schunk in Georgetown: Schunk Xycarb Technology announced the expansion of their production facility in Georgetown, bringing $42 million in capital investment and 25 new jobs. A TSIF grant of $3.9 million was extended to the company.
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Caterpillar in Seguin: Caterpillar will expand its advanced engine manufacturing facility in Seguin with an investment of up to $5 million in Texas as part of its five-year, $100 million Building the Future Workforce Initiative.
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Apollo in Austin: Apollo Global Management will establish a new strategic hub in Austin to drive innovation, emerging technology and the next phase of the firm's growth.
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Samsung Electronics America in Plano: Samsung Electronics America will relocate their U.S. headquarters from New Jersey to Plano by the end of 2026.
 "It ain't bragging if it's true!" Here are some of the recent accolades Texas has received:
- Texas again ranks #1 as the Best Business Climate in the nation by Business Facilities, now for the fourth year in a row thanks to our state’s economic strength, reasonable regulatory and tax climate, robust infrastructure and best-in-class workforce.
- Texas was proud to take home the 2026 Gold Shovel Award from Area Development for outstanding achievement in attracting high-value business investment projects—the 13th total shovel for Texas!
 Governor Abbott and the EDT team continue to participate in various meetings, events and engagements with our economic development partners and stakeholders. Here's a selection of just a few of the many recent activities.
Axiom Space Redomiciles to Texas
We are proud to welcome Axiom Space's legal headquarters to Texas! Governor Abbott met with company leadership for the exciting announcement. Axiom joins a growing number of innovative firms recognizing Texas as the premier destination to grow and thrive. Read more in the Governor's press release.
 2026 Farnborough International Airshow
 EDT, along with our partners at the Texas Economic Development Corporation (TxEDC) and a delegation of Texas communities and companies, participated in 2026 Farnborough International Airshow in England. The TEXAS booth showcased our state's strengths in the aerospace, aviation and defense industry.
 Governor's Small Business Summit — Laredo
 Governor's Small Business Summit — Laredo in June brought together small business owners, aspiring entrepreneurs and resource providers from across the region. The event was joined by EDT Executive Director Adriana Cruz. We thank our partners in Laredo for collaboration on this successful event! For more photos, visit our Facebook page.
2026 BIO International Convention
 In June, EDT joined our state and local partners at the 2026 BIO International Convention in San Diego to promote the booming biotech and life sciences industry in the Lone Star State. Thanks to our partners at TxEDC and the Texas Healthcare & Bioscience Institute!
Home to more than 3.5 million small businesses, Texas is focused on ensuring our state remains the best in the country to start and run a business. The Texas Small Business Credit Initiative (TSBCI) Program supports small business growth and helps create new jobs through increased access to small business funding. The latest listing of approved financial institutions (FIs) is now available online as well as a new, simplified application process for financial institutions. FIs should visit the TSBCI Portal to apply, and small businesses should reach out to an approved lender.
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