Another Triumph for Texas: Best/Worst States for Business 2012

J.P. Donlon

J.P. Donlon

In Chief Executive’s eighth annual survey of CEO opinion of Best and Worst States in which to do business, Texas easily clinched the No. 1 rank, the eighth successive time it has done so. California earns the dubious honor of being ranked dead last for the eighth consecutive year.

Texas Big Company Wins

  • Allstate, builds $12 million customer center in San Antonio. Reasons: Weather and lifestyle, plus Spanish-language capabilities.
  • Caterpillar, building plants in Seguin and Victoria. Reasons: Access to cheaper, non-union labor; proximity to ports for exporting.
  • eBay/Pay Pal, hiring more than 1,000 and expanding support facilities in Austin. Reasons: Access to tech talent, $2.8 million from the Texas Enterprise Fund.
  • Facebook opens first U.S. operation outside of California, in Austin. Reasons: Access to creative and technical talent.
  • GE Transportation, announces $96 million locomotive plant in Fort Worth. Reason: Cheaper, non-union labor
  • Grifols USA, California-based subsidiary of Spanish parent, opens blood plasma testing facility San Marcos. Reason: Right skills sets, languages
  • PETCO, in San Diego, opened its first customer support center outside of California in San Antonio in 2011. Reason: Access to cheaper space, skilled workers, funding from the Texas Enterprise Fund.

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J.P. Donlon

J.P. Donlon

J.P. Donlon is Editor Emeritus of Chief Executive magazine.

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