Texas is a great place for businesses to succeed, with its skilled workforce, competitive business costs, and diverse environments. Across the state's 25 major metropolitan areas, more than 40 micropolitan areas, and hundreds of rural locations, companies are finding the labor and real estate to carry out their missions. In fact, 95 of the Fortune 1000 companies are based in Texas, 50 of which are on the Fortune 500 list. AT&T, ExxonMobil and McKesson top the list, showing that businesses in any industry can thrive in Texas.
Startups like Dell have grown out of university residences and become global innovators, while established giants such as Toyota have located their North American headquarters in the state after a thorough site search. It's clear why so many businesses move to Texas – with its massive infrastructure, a skilled Texas workforce, low tax burdens and strong business incentives, the Texas business climate is truly second to none. This is evidenced by the fact that many of the world's top universities are located in Texas, according to U. S.
News & World Report, including the McCombs Business School at the University of Texas at Austin, which enrolls 13,000 students. Governor Greg Abbott recently announced that Hewlett Packard Enterprise (HPE) will move its global headquarters to Spring, Texas from San Jose, California. Of course, there are thousands of other companies that employ millions of people across the state – AT&T provides wireless communication, local exchange and long-distance services for consumers and businesses in the United States and internationally; Carlson is a fast-casual food chain with restaurants in the United States and Dallas County; and there are 185 colocation data centers which store and protect the information of billions of users around the world. It's no wonder why so many businesses have succeeded in Texas' top-ranked business climate, workforce and accessibility. With its massive infrastructure, skilled workforce, low tax burdens and strong business incentives, Texas is an ideal place for businesses to thrive.