Archive for the ‘Texas Business News’ Category


According to the U.S. Census Bureau ,Texas is a leader in the global marketplace. In 2014,  for the thirteenth year in a row, Texas was ranked as the number one state by export revenues.  Texas exports for 2014 totaled almost $289.02 billion, up from over $279.5 billion in 2014.  The state’s exports outperformed overall U.S. exports, which only grew by 2.4 percent to $1.62 trillion in 2014 from $1.58 trillion in 2013.

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Source: Texas Wide Open for Business


Governor Greg Abbott accepted the 2014 Governor’s Cup, an award given annually by Site Selection Magazine to recognize the top performing state for capital investment attraction in a season that lasts all year. 2014 was the third year in a row and sixth year since 2004 that Texas has been honored with the award.

“I’m honored to accept Site Selection Governor’s Cup on behalf of the people of Texas,” Governor Abbott said. “It’s no surprise Texas is again named the top state for the most new and expanded corporate facilities – this is the third year in a row Texas ranked #1 and the sixth time in the last 11 years. Unleashing the power of entrepreneurs and innovators and securing Texans’ freedom to aspire is the model of success for Texas, and I’m confident Texas will continue to lead the nation.”

Source: Texas Wide Open for Business

IKO Groundbreaking Hosted by Hillsboro EDC

IKO Groundbreaking

Officials with the Canadian-based shingle manufacturer, IKO Industries, were on hand recently in Hillsboro to take part in a groundbreaking ceremony for the company’s new flagship facility.

IKO Industries North American President David Koschitzky told the over 70 people on hand that the manufacturing plant will be a milestone for the company.

“This project will be the final piece in creating IKO’s truly national manufacturing network in the United States. The plant that we construct on this site will be a flagship facility for our operations and will play an important role in serving businesses and homeowners throughout the Southwestern United States,” the president said.

It will create 50 jobs and construct a 250,000-square-foot facility that will invest $80 million into the community, which is the largest industrial investment in the history of the city and Hill County.

IKO Industries has grown to over 25 plants in North America and Europe since being founded in 1951. It is a world-wide leader in the roofing, waterproofing and insulation industry for residential and commercial markets.

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Source: Hillsboro EDC