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POSTED BY

Reagan Hales

Amarillo EDC Agrees To $1.8M Deal With Fairly Group

This Tuesday, the Amarillo EDC agreed to a $1.8 million deal with the Fairly Group during the Board of Directors meeting.

The deal, which marks the second deal reached during the last four months, could potentially keep Texas Panhandle talent local.

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POSTED BY

Sammi Gallagher

Community & Diversity: A New Perspective On Economic Development

The Amarillo EDC and the West Texas A&M Enterprise Center is sending eight local entrepreneurs to represent our thriving business community at the INC. 5000 Conference & Gala in San Antonio in October. Each of the attendees has offered to contribute a blog about their experiences as an entrepreneur working in the Texas Panhandle. This is a guest post by Sammi Gallagher,‎ Project Director at ROI Online, an internet marketing agency.

Let me start by introducing myself. My name is Sammi Gallagher, Project Director at ROI Online, a nationally recognized internet marketing agency right here in Amarillo, Texas. I moved from Grand Blanc, Michigan, to Texas in 2011 and my only regret is not getting here sooner!

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POSTED BY

Reagan Hales

5 Factors That Are Fueling Amarillo's Fast Economic Growth

Growth doesn't just happen. It requires a careful balance of factors within the market. When these factors come together, they create an engine that drives the economy forward.

The stronger the factors, the greater the forward momentum an economy will experience. Some of these factors are permanently fixed, while others remain fluid throughout the economic cycle. Here are a five factors that are fueling Amarillo's economic growth.

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POSTED BY

Reagan Hales

A New Spin On A Community Garden: Why Amarillo Is Blooming With Successful Entrepreneurs

Every fall, my neighbor starts working in his garden. He’s out early in the morning, dirt up to his elbows busy planting bulbs that will bloom in the spring. His yard and flowers look amazing each spring that it almost makes up for my I-have-three-kids-and-a full-time-job-with-no-time-to-think-about-daffodils yard.

I’d love to look outside my window each spring and see the same view he does. Real gardeners know a healthy yard and a beautiful flowerbed takes work. It takes time. It takes an investment by my neighbor throughout the year to tend to his garden so that the fruits and the flora will greet him in the spring.

There is another type of “gardening” that I learned about this summer: economic gardening.

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POSTED BY

Reagan Hales

Why Young Companies Are Changing Our Country's Economy

Whether born from a brainstorm in the shower or thought up while daydreaming in a boardroom, new businesses provide significant opportunities within the economy. When the thoughts and ideas of entrepreneurs lead to the establishment of a new business, the entire community benefits.

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POSTED BY

Reagan Hales

The Role Of Small Business In Economic Development

A healthy economy requires small business growth and sustainability. When small businesses are healthy and prosperous, the community-at-large benefits and prospers, too. 

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POSTED BY

Reagan Hales

How Exporting Goods And Services Benefits The Local Economy

The Amarillo area is quickly becoming a "go-to" marketplace for businesses around the country. The goods produced here and the services provided by a skilled workforce are benefiting companies and communities from coast to coast. In turn, the revenues generated by sales and services significantly strengthen Amarillo's economy.

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POSTED BY

Claire Gillman

Why We Should Encourage Innovation In Amarillo

“To foster economic growth, innovation clusters need to draw on the power of an interrelated ‘quad’ of sectors: public, private, civil, and academic.” - Ernest J. Wilson III, USC

Earlier this summer, in a meeting with Kyla Frye of the WT Enterprise Center, I was introduced to the concept of the “Quad,” an economic model created by a dean at the University of Southern California. Jeff Reid, Incubator Director at the WT Enterprise Center, had written a report on the model for an Economic Development capstone project.

In essence, the model suggests that collaboration and vision alignment across four sectors — government, business, nonprofit and academic — is the key to a community’s maintained economic growth.

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POSTED BY

Reagan Hales

CEOs Choose Texas As The Best State For Business

Texas is tops for CEOs across the country according to the latest rankings released by Chief Executive Magazine. The latest survey means that it is the twelfth straight year that the state has been voted the best state in the nation for companies to do business.

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POSTED BY

Reagan Hales

Texas Economy Adds 7,200 Seasonally Adjusted Jobs In June

The bright light over Texas isn't just the sun passing by; it's growth that's settling in and creating positive jobs reports that show just how strong the state's economy is becoming. Based on the latest reports, it's clear Texas has a bright future for anyone willing to roll up their sleeves and get to work. 

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