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Amarillo is uniquely qualified as one of America’s best places for generating wind energy. Not only does the Texas Panhandle top the charts for annual average Class 4 wind speeds, but we also sit squarely in the Competitive Renewable Energy Zone (CREZ) than enables the transmission of 18,500 megawatts of wind power upwards of 3,500 miles.

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GRI TOWERS TEXAS

GRI Towers Texas is the industrial division of wind energy components of Corporación ACEK. GRI Renewable Industries focuses on integrating the entire value chain of the wind energy sector, supplying major customers worldwide, and applying technological innovation in all its activities.

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GE RENEWABLES

GE Amarillo Remanufacturing Center is owned and operated by GE Renewable Energy North America. They manufacture, sell, and service renewable energy equipment including wind turbines, and grid-related components. 

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Learn how the Amarillo EDC’s accelerated process can make a difference in how you do business

THE BENEFITS OF BUSINESS RETENTION AND EXPANSION PROGRAMS

The primary sources of job growth exist in every community:

Existing business expansions account for 80%

Incoming new businesses account for 11%

And start-up operations account for 9%

WHY WE SHOULD SUPPORT EXISTING BUSINESSES:

  • Existing businesses provide even more return on investment in smaller, rural market areas where entrepreneurial and recruitment opportunities are limited.
  • While customer attrition is a fact of life in both the private and public sectors, it's 10 times more cost-effective to work with existing customers than to continually cultivate new ones.
  • Business retention and expansion provide the customer -- the existing private sector firm in your market area -- with a seamless customer contact and service experience.
  • Less than 10% of business closures result from business failures. More than 90% are caused by work movement through mergers, consolidation, restructuring and deliberate decisions to relocate businesses.