2010 was an outstanding year for Austin business, at least as measured by the number of companies who decided to bring their operations to our area. Company leaders point to numerous reasons for their decisions, including a highly talented and highly educated population, favorable taxing structures, access to Texas Governmental leaders, countless amenities and entertainment opportunities, a world-class reputation, and indications that the area will continue to grow and prosper.
The Austin Chamber of Commerce recently reported that 27 companies relocated to Austin in 2010. While many cities are struggling, Austin appears to be thriving. With notable schools, including The University of Texas, and a world-famous reputation for live music, Austin provides the benefits company leaders recognize as important to the people they will employ here. Incentive programs have helped lure some companies to our region and will continue to do so in 2011.
California lost more companies to Austin than any other state with 9 of them bringing their operations and/or headquarters in 2010. These numbers do not include companies who added jobs to the region through smaller branches or departments.
Throughout the year, we’ve reported on a number of company relocations, including:
• SunPower, a solar-power company from California
• Interactions Corp, a customer care provider
• National Scooter Company, electric scooter maker from Seattle
• Pain Therapeutics Inc., a medical R&D company from California
• Interactions Corp, a customer service technology supplier for Massachusetts
• Environmental Systems Corporation, a green tech company from Tennessee
To see more job-related posts on our blog, click here.
Mission Mortgage is extremely proud to call Austin our home and we welcome the companies who have relocated to our area and the employees who will make them successful. We also commend the Austin Chamber of Commerce for the work they have done to lure these jobs to our region and we wish them similar success in 2011 and beyond.