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July 28, 2020
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.CONTINUE READING
July 16, 2020
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."
June 25, 2020
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.
June 18, 2020
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.
March 19, 2020
Business Resource Portal Released In Response To COVID-19 Outbreak
Organizations ban together to launch website to support local businesses
The Amarillo Economic Development Corporation (Amarillo EDC) in partnership with the Northwest Texas Small Business Development Center (SBDC), the WT Enterprise Center, and Workforce Solutions Panhandle, launched a website of business and employee resources specific to the coronavirus (COVID-19) outbreak in an effort to help citizens stay informed and make appropriate business decisions.CONTINUE READING
February 03, 2020
Amarillo EDC Releases 2020 Economic Outlook Report & State of the Economy Materials
Following January's State of the Economy event, the Amarillo EDC is providing its full 2020 Economic Outlook Report. As the event was designed to be informative for the community, business owners, and students. The following materials were made to be a resource to help community members make informed decisions moving into this year.CONTINUE READING
January 28, 2020
Amarillo EDC Recruits 150 Wind Energy Jobs to the Panhandle
Canadian company to establish U.S. Operations in Amarillo
Today the Amarillo City Council approved a Location Incentive Agreement presented by the Amarillo Economic Development Corporation (Amarillo EDC) to support the attraction of Suspendem Inc. to Amarillo. This ratification comes after approval by the Amarillo EDC Board of Directors on January 16, 2020. This final step in the approval process allows the Amarillo EDC to provide an incentive agreement which will allow Suspendem Inc. to hire up to 150 full-time employees.CONTINUE READING
October 30, 2019
Amarillo City Council approves $42M Food Manufacturing Project
Approval ushers in 150 new jobs to the area economy
Today the Amarillo City Council approved a Location Incentive Agreement presented by the Amarillo Economic Development Corporation (Amarillo EDC) to support the attraction of SSI Foods, LLC to Amarillo. This ratification comes after approval by the Amarillo EDC Board of Directors on September 23, 2019. This final step in the approval process allows the Amarillo EDC to provide a 17.10-acre parcel in the CenterPort Business Park for the construction of the 75,000 sq. ft facility which will employ up to 150 full-time employees.CONTINUE READING
June 19, 2019
Governor Abbott Approves Funds for Texas Tech Vet School
Amarillo EDC has pledged up to $69M toward completion of the project
On June 15th, Texas Governor Greg Abbott authorized a budget approved by the Texas Legislature that will allocate $17.35 million in operational funding for the Texas Tech University School of Veterinary Medicine (TTUSVM) in Amarillo, a move that will strengthen the school’s existing educational investment in the High Plains while providing additional incentives for students and animal health professionals who live and work in the community.CONTINUE READING
March 06, 2019
An Interview With Scott Bentley, the Amarillo EDC's Newest Board Member
Scott Bentley, the Amarillo market President and current Board of Directors members of First United Bank, is the newest member of the Amarillo EDC's Board of Directors. Scott is very active in the community having served on numerous civic boards including Golden Spread Council of Boy Scouts, Amarillo/Canyon United Way, Juvenile Diabetes Research Foundation, Texas Tech University Health Sciences Center Community Advisory Board, and the Amarillo Tax Increment Reinvestment Zone.CONTINUE READING