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Texas Wins Most Competitive State Award from Site Selection Magazine

Texas Business News Texas Facts and Figures
May 9th, 2013 | Terry Preuninger
Texas brings another first-place finish to the table with Site Selection Magazine’s State Competitiveness Award. Texas is two-thirds of the way to sweeping Site Selection’s big three annual state rankings. It won the Governor’s Cup earlier this year with a commanding lead in project totals for 2012, and it now claims the top spot in the magazine’s ranking of the most competitive states. It just needs the top business climate designation to win the Triple Crown. That November-issue business climate ranking has put North Carolina ahead of Texas in most recent contests, but Texas is on a roll and may not be in the mood to cede that ranking to the Tar Heels in 2013. More…

Total Truck and Trailer Breaking Ground on New Snyder Facility in June

Texas Business News
May 9th, 2013 | Terry Preuninger

The Snyder facility will be Total Truck and Trailer’s first Texas location, and second only to the home office in Norman, OK. Total Truck and Trailer will make a $1 million investment in the new Snyder facility. Total Truck and Trailer has been a leader in the truck equipment and trailer repair service industry since 1982.  More…

Raytheon Moving California Headquarters to McKinney

Oncor News Texas Business News
May 8th, 2013 | Terry Preuninger

Raytheon Co. plans to move the headquarters of a $6 billion business unit from El Segundo, CA to McKinney. Real estate sources say the move will bring about 170 jobs, which have an average salary of $250,000.

Raytheon’s Space and Airborne Systems, one of the company’s four business units, will move in an effort to streamline operations, increase productivity and achieve stronger alignment with its customers’ priorities.

Along with the move, a number of employees from a Garland Raytheon office will move to McKinney.  Raytheon currently has 8,000 employees in North Texas.

Read more at the Dallas Business Journal.