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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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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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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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POSTED BY

Kevin Carter

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.

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POSTED BY

Savannah Tarbet

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. 

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