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Amarillo EDC

How Companies Can Avoid Security Breaches

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. 

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POSTED BY

Amarillo EDC

How to Effectively Hire During the New Normal

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. 

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POSTED BY

Sabrina Perez

Governor Abbott Announces New Producer Owned Beef Facility In Amarillo

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.

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POSTED BY

Sabrina Perez

CVMR® (Texas) Hosts Historic Groundbreaking Ceremony with Amarillo EDC

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. 

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POSTED BY

Savannah Tarbet

City Council Votes in Support of Caviness Expansion

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.

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POSTED BY

Savannah Tarbet

City Council Votes in Support of New Business Attraction

Approval ushers in the creation of 80 new full-time jobs

Today, the Amarillo City Council approved a Location Incentive Agreement presented by the Amarillo Economic Development Corporation to support attracting Torkworx to Amarillo. This ratification comes after the approval by the Amarillo EDC Board of Directors on July 19, 2021. This final step in the approval process allows the Amarillo EDC to provide an incentive agreement to allow Torkworx to hire 80 new full-time employees over two years. 

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POSTED BY

Savannah Tarbet

City Council Votes in Support of Local Business Expansion

Approval ushers in the creation of 50 new full-time jobs

Today, the Amarillo City Council approved a Location Incentive Agreement presented by the Amarillo Economic Development Corporation to support the expansion of RCC Brass in Amarillo. This ratification comes after the approval by the Amarillo EDC Board of Directors on July 19, 2021. This final step in the approval process allows the Amarillo EDC to provide an incentive agreement that will allow RCC Brass to hire an additional 50 full-time employees over a five-year period. 

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POSTED BY

Savannah Tarbet

City Council Votes in Support of Local Business Creation

Approval ushers in the creation of 100 new full-time jobs

Today, the Amarillo City Council approved a Location Incentive Agreement presented by the Amarillo Economic Development Corporation to support North Heights Linen Service in Amarillo. This ratification comes after the approval by the Amarillo EDC Board of Directors on June 28, 2021. This final step in the approval process allows the Amarillo EDC to provide an incentive agreement that will allow North Heights Linen Service to hire 100 new full-time employees over a five-year period.

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POSTED BY

Savannah Tarbet

City Council Votes in Support of American Quarter Horse Association Retention Incentive

The agreement ensures headquarters to remain in Amarillo for the next 10 years

Today, the Amarillo City Council approved a business retention incentive presented by the Amarillo Economic Development Corporation (Amarillo EDC) to support the retention of the  American Quarter Horse Association’s International Headquarters in Amarillo, Texas. This ratification follows the approval of the Amarillo EDC Board of Directors on May 18, 2021.  

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POSTED BY

Savannah Tarbet

Third Annual State of the Economy event to be held virtually

Event to launch on Amarillo EDC website on March 24

The Amarillo Economic Development Corporation (Amarillo EDC) announced that the organization’s annual State of the Economy event will take place virtually on Wednesday, March 24, 2021. The virtual event will be made available on the Amarillo EDC’s website at 9:00 A.M. on Wednesday, March 24, with a rerun of the event airing on Panhandle PBS at 7:30 P.M. on Thursday, March 25, 2021. The event will provide a brief update of Amarillo’s economic outlook and feature a keynote speech discussing macroeconomic issues and how they impact our community.

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