Security may not always be the highest priority that a beginning company considers, but it is extremely important as a business grows. Security breaches can wreak havoc on your company and lead to huge recovery expenses. In fact, the average cost of a data breach is somewhere around $9.44 million in the U.S. Don’t let a security breach be the end of your business. Here’s how you can protect your company. 

Hiring good employees used to be as easy as posting a sign on a street-facing window of your business. After a while, it evolved into posting in the newspaper and on billboards, then it became necessary to post on internet job boards and websites. Now, it’s time for recruiters and hiring managers to embrace the change again. 

The Texas Economic Development Council (TEDC) has announced Amarillo as a recipient of its annual Community Economic Development Awards (CEDA) for 2022. The awards were presented at the Award Luncheon at the TEDC’s 2022 Annual Conference on Thursday, October 20th, 2022 in San Antonio, Texas.

Governor Greg Abbott today announced Producer Owned Beef, LLC (“POB”) will create a new beef processing plant in Amarillo. The plant will harvest 3,000 cattle per day and sell beef and beef byproducts both in and out of Texas. The new facility allows Texas cattle producers to access the value chain and keep hundreds of millions of dollars in Texas. The project will create more than 1,500 new jobs and generate $670 million in capital investment. A Texas Enterprise Fund (TEF) grant of $12.2 million has been extended to POB. In addition, a Veteran Created Job Bonus of $8,000 has been offered.

On June 27, 2022, CVMR® (Texas) along with representatives from the Amarillo Economic Development Corporation (Amarillo EDC) hosted the groundbreaking ceremony for CVMR® (Texas). This ceremony marked Amarillo, Texas as the site for the first environmentally neutral industrial-scale critical minerals refinery in the country. 

The Texas Economic Development Council (TEDC) has announced the recipients of their statewide 2022 Workforce Excellence Awards. Six recipients have been awarded in their respective population categories. A total of seventeen nominees overall were recognized for their workforce projects.

Following the Build Your Talent Toolbox: Take Root in Amarillo | Job Up workshop, the Amarillo EDC is providing the materials released at the event. You can download Chris Hodges' presentation and Sabrina Meck Perez's presentation in this blog post. 

At the 2022 State of the Economy Luncheon, the Amarillo Economic Development Corporation announced a new platform integration to the Take Root In Amarillo website, Job Up.

Following the State of the Economy luncheon, the Amarillo EDC is providing the materials presented at the event. In this blog post, you can download Dr. Anne Macy's keynote presentation, Kevin Carter's presentation, and the 2021 Amarillo EDC Annual Report. 

Today, the Amarillo City Council approved a Location Incentive Agreement presented by the Amarillo Economic Development Corporation (Amarillo EDC) to support the expansion of Caviness Beef Packers in Amarillo. This ratification comes after the approval by the Amarillo EDC Board of Directors earlier today, February 22, 2022. This final step in the approval process allows the Amarillo EDC to provide an incentive agreement which will allow Caviness to hire an additional 100 full-time employees, over a three-year period. Additionally, a new Caviness processing facility is currently under construction at South Loop 335 and Washington, set to be completed this Spring.