Business Expansions and Relocations Continue to Explode in Fort Worth
By Grace on Aug 4, 2008 in Tarrant County
According to local officials, business expansions and relocations in Forth Worth increased a whopping 68 percent in 2006.
In fact, Fort Worth is now the leading city in the Metroplex in new business projects. And, as more companies continue to expand and diversify their headquarters, this number is only expected to increase.
Why Forth Worth?
Perhaps the better question might be, Why not Fort Worth? The healthy business climate in Forth Worth is helped along by tax abatements and other incentives that encourage economic development.
Dallas, in addition to having no state income tax, boasts a strong, pro-business environment with its large labor force and consumer market. Combine with that the low costs for construction and labor, and you have a recipe for success.
Downtown Splendor
The vitality of Fort Worth’s downtown area only adds to the success of business expansions and relocations.
Forth Worth has undergone a miraculous transformation over the last 30 years to become one of the country’s most vibrant and successful urban areas.
Commercial projects, residential development and public-private partnerships, along with endless entertainment, dining, shopping and nightlife options, as well as annual events, such as concerts and parades, make this progressive city second-to-none.
The downtown Forth Worth area is also conveniently located close to Dallas/Fort Worth International Airport and major highways.
A Corporate Magnet
The Dallas/Forth Worth Metropolitan area boasts over 10,000 corporate headquarters, making the area the largest corporate headquarter concentration in the United States. Whether a Fortune 500 company or a local firm, many companies flock to the Dallas/Forth Worth Metropolitan area every year.
Some of the notable companies with headquarters in Forth Worth include Burlington Northern Santa Fe Corporation, D.R. Horton, XTO Energy, Pier 1 Imports, Galderma Laboratories, Enterhost, Bombay Company, Carter & Burgess and AmeriCredit.
