Texas wins three Deal of the Year awards from Business Facilities magazine

Here is what you need to know

AUSTIN, Texas – On Friday, Jan. 14, Governor Greg Abbott announced that the State of Texas received three Deal of the Year awards from Business Facilities magazine. The awards recognized the Lone Star State’s exceptional economic environment for corporate relocations, expansions and new projects.

The Taylor Economic Development Corporation received the 2021 Deal of the Year Silver Award for Samsung’s new $17 billion manufacturing facility. Texas also received two 2021 Impact Awards, which were awarded to the Lubbock Economic Alliance for its new Leprino Foods Facility. The other award went to the Sherman Economic Development Corporation for Texas Instruments’ potential $30 billion investment.

Governor Abbott released the following statement:

“Texas continues to be a powerhouse for business, innovation, and investment, and we are proud that local economic development corporations in Taylor, Lubbock, and Sherman have been recognized by Business Facilities for their hard work and dedication over the past year,” said Governor Abbott. “These awards reflect the world-class business climate, exceptional workforce, low regulatory environment, and state-of-the-art infrastructure that make ‘Made In Texas’ such a powerful brand. I look forward to future projects this year ― and the years to come ― as we continue to unleash the full economic might of the Lone Star State.”

You can find more about Business Facilities’ 2021 Deals of the Year here.