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POSTED BY

Sabrina Meck 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 Meck 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 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

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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POSTED BY

Savannah Tarbet

Amarillo EDC Purchases 37.6 Acres of Land for Future Business Attraction Projects

The purchase will position Amarillo to be competitive in various industry sectors

Today, the Amarillo City Council approved a $4 million land purchase made by the Amarillo Economic Development Corporation (Amarillo EDC). This ratification follows the approval of the Amarillo EDC Board of Directors meeting on July 20, 2020. The purchase is for 37.6 acres of property in the Point West Development located at Point West Parkway and Evans Drive.

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POSTED BY

Inc. Magazine x Amarillo

Growth Powers Amarillo's Economic Engine

Relocating businesses find the growth opportunities, low taxes, and vibrant business community they want in West Texas.

"Whether you are looking at our low tax-rate environment, hard-working West Texas labor force, or the quality of life available to our citizens who live and work in the Amarillo area, we have it all."

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POSTED BY

Savannah Tarbet

Amarillo EDC Recruits Film Studio to the Panhandle

Approval ushers in 40 new jobs to the area economy

Tuesday, the Amarillo City Council approved a Location Incentive Agreement presented by the Amarillo Economic Development Corporation (Amarillo EDC) to support the attraction of Sharpened Iron Studios to Amarillo. This ratification comes after approval by the Amarillo EDC Board of Directors on June 22, 2020. This final step in the approval process allows the Amarillo EDC to provide an incentive agreement which will allow Sharpened Iron Studios to initially hire 40 full time employees.

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POSTED BY

Inc. Magazine x Amarillo

An Unexpected Team Plans to Supercharge Amarillo's Economic Growth

Business, higher education, and the community at large are working together to heat up everything from commerce to jobs.

In a bold move, Amarillo's businesses, colleges and universities, and overall community are teaming up to fuel growth in the region. The Panhandle Workforce Development Board's Integrated Plan for 2017-2020, a recently released blueprint for the region's economic development, calls out "innovative employment and training opportunities that are developed through the creation of new partnerships" as one of the region's most notable strengths.

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