~ In a recent announcement, Governor Greg Abbott proudly shared that Texas has been awarded the state's 13th Gold Shovel Award by Area Development magazine. This prestigious award recognizes Texas for its exceptional efforts in attracting high-value business investment projects that will bring a significant number of new jobs to communities across the state.

Governor Abbott expressed his gratitude for the recognition, stating, "Texas again wins gold for new jobs and business investment. Our state's track record of success is a testament to our strong business climate, robust infrastructure, and highly skilled workforce. I thank Area Development magazine for this honor and look forward to continued economic growth and opportunities for Texans."

Area Development magazine recognized Texas with the Gold Shovel Award for its impressive $9 billion in capital investment for high-value expansion and relocation projects in 2025. These projects are expected to create over 9,700 new jobs in various industries.

Some notable Projects of the Year in Texas include Wistron's $761 million capital investment creating 800 jobs in Fort Worth, MTU Aero Engines AG's $129 million capital investment creating 1,200 jobs in Fort Worth, and Scotiabank's $60 million capital investment creating 1,020 jobs in Dallas.

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Other recognized projects in Texas include Bridor USA's $410 million capital investment creating 600 jobs in Lancaster, Lilly's $6.5 billion capital investment creating 615 jobs in Harris County, Pegatron's $85 million capital investment creating 500 jobs in Georgetown, Southwest Airlines' $19 million capital investment creating 2,000 jobs in Austin, SpaceX's $280 million capital investment creating 400 jobs in Bastrop, SPC Group's $165 million capital investment creating 450 jobs in Burleson, Tesla's $190 million capital investment creating 1,500 jobs in Brookshire, Vinton Steel's $229 million capital investment creating 180 jobs in El Paso, and Wiwynn Corp's $152 million capital investment creating 514 jobs in Socorro.

This is not the first time Texas has been recognized by Area Development magazine. In fact, the state has received a Gold or Silver Shovel Award every year since the program's inception 21 years ago.

Area Development's annual Shovel Awards evaluate states based on job creation, capital investment, industry diversity, and alignment with each state's broader economic development strategy. This recognition further solidifies Texas' position as a top destination for businesses looking to invest and create jobs.

With its strong business climate, strategic infrastructure, and talented workforce, it is no surprise that Texas continues to attract high-value business investments. As Governor Abbott stated, this award is a testament to the state's commitment to economic growth and prosperity for all Texans.

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