Texas Economic Development Corporation

The Future is Texas!   Remembering the Past, Celebrating the Present and Planning for the Future!   Power of Partnerships Video: https://lnkd.in/exCfuK2j The Texas Economic Development Corporation (TxEDC) in partnership with the Office of Texas Governor Greg Abbott Economic Development & Tourism Office kicked off a day of events that included participation from Governor Greg Abbott and First Lady Cecilia Abbott.    The day started with an Investor Summit that included panel discussions on The Future of Artificial Intelligence in Texas and The Future of the Texas CHIPS Act and Semiconductors in Texas.   The power-packed panels of industry experts included: Giovanni Capriglione, State Representative - District 98 | Diya Wynn, Artificial Intelligence Lead, Amazon Web Services | Katharine McAden, Head of Public Policy & External Affairs, South, Google | Larry Smith, Senior Advisor to the President & CEO of Tokyo Electron US | Larry D., Senior Director of Business Development, Texas Institute for Electronics, The University of Texas at Austin | Jon Taylor, Corporate Vice President of FAB Engineering & Public Affairs, Samsung Semiconductor. The world renown Dr. Ray Perryman then concluded the Investor Summit with a keynote address titled “The Future is Texas!” that spoke to the challenges and mainly the opportunities Texas has to remain an economic development powerhouse.   The Investor Summit was followed by a Reunion & Recognition Luncheon that brought together past members & past, present, and new investors of the corporation. The luncheon included a lively historical & new vision “Discussion with Friends” moderated by Adriana Cruz, Executive Director of Texas Economic Development & Tourism Office and Aaron Demerson, President & CEO of TxEDC and a video tribute (linked above) recognizing the history of the corporation and celebrating the historical accomplishments achieved under the leadership of Governor Greg Abbott since 2015. The panelist included Former TxEDC Board Chair Massey Villarreal, Former Texas Secretary of State Hope Andrade, Former TxEDC Board Member Nancy Carol Windham, and Former President/CEO of TxEDC Robert Allen.    Governor Greg Abbott closed the luncheon with THANKS and APPRECIATION for those who have charted a path and visionary remarks that provide direction for an even brighter and more successful Texas!   A BIG THANKS once again to our TxEDC Investors, our Board Members and ALL who joined the events and activities. What an OUTSTANDING DAY!    CONGRATULATIONS also to our “Texas Heisman” partner Adriana Cruz and her team for ALL they have achieved and will continue to ACHIEVE!   In TEXAS we are FAMILY! Texas First!   Be sure to check out the pictures from the event here, more to come: https://lnkd.in/epiwRTxt

Breaking & Exciting Texas-size News!   Today, Governor Greg Abbott announced the appointment of Arun Agarwal as Chair and S. David Deanda Jr. as Vice Chair of the Texas Economic Development Corporation Board of Directors.    Arun previously served as Vice Chair and replaces Vicki Hollub, President and Chief Executive Officer of Oxy, who recently served as Chair of the Board. David previously served as Treasurer.    Arun and David both bring a wealth of experience and continue to be valuable members of the Board.   Continuing to make Progress!   For more information, please see the press release from the Governor's Office: https://lnkd.in/eJJmXaCj   Check out the announcement on our website: https://lnkd.in/efU_nFde

We’re thrilled to announce the upcoming Governor’s Small Business Summit in Plainview!    This summit is a fantastic opportunity for small business owners, aspiring entrepreneurs, and community leaders to connect, network, and learn from industry experts.   Join to gain valuable insights, discover new strategies for growth, and connect with fellow business leaders. Don’t miss out on this incredible event. Register now and be part of the movement to empower small businesses! https://lnkd.in/e22YRswj

Yes! Big things happening at the Texas Economic Development Corporation!  Please mark your calendars for our upcoming Investor Summit and Recognition/Reunion Luncheon to be held in Austin, Texas, on August 26, 2024 at the Fairmont Austin. The Investor Summit, (for TxEDC Investors Only), will feature panelists discussing topics associated with “The Future of Artificial Intelligence (AI) in Texas”; The Future of the Texas CHIPS Act and Semiconductors in Texas”; and lastly, “The Future is Texas” with an emphasis on water, energy, education, space, and other areas impacting the future of the world. Our luncheon, ($150.00 for Non-Investors), will provide an opportunity to reflect and recognize past accomplishments and celebrate the fantastic economic development success under Governor Greg Abbott’s leadership. In addition, we will leave energized about the plans for the future of our great state! It will be an event you will not want to miss! Register today here:  https://lnkd.in/gEf3C36a We look forward to seeing you on August 26, 2024. Future is Texas Video: https://lnkd.in/g9ZUgekH

TEXAS is STRONG because of so many!   …and the members of the Texas Aggregates & Concrete Association (TACA) are in that crowd of many.     TACA recently held its highly anticipated 70th Annual Meeting, marking the most significant event of the year for the industry.     This organization has members who are serious about their business and play a major role in ensuring all involved in the industry continue to operate and provide the highest level of service, expertise and quality possible.   A truly successful annual meeting that featured a combination of informative sessions, community service/raising of funds for a cause and valuable networking opportunities.   TxEDC looks forward to building on this relationship and at a point in the future, welcoming TACA to the TxEDC team!   Our THANKS to President/CEO Josh Leftwich for including TxEDC in the annual meeting.   Congratulations TACA on 70 years!  

Day 2 of our economic development mission took us to Seoul, South Korea, where I had the opportunity to champion the partnership between Texas and South Korea. Throughout the day, we focused on our vision for our two peoples to lead the way by advancing freedom and opportunity through mutual economic development to empower the next generation. ✅ Met with Minister of Foreign Affairs Cho Tae-yul to discuss deepening our economic and trade relationship. ✅ Joined the Korea International Trade Association for lunch to discuss economic opportunities in Texas to grow and succeed. ✅ Attended a reception at the U.S. Embassy in Seoul, where I delivered remarks to an audience of foreign dignitaries and business leaders. Texas and South Korea have strong economic ties that will discover and produce the goods and services of tomorrow. More here: https://bit.ly/460G7zp

Texas offers businesses from across the world the opportunities to grow and thrive. I’m headed to Taiwan, South Korea, and Japan to meet with business and government leaders who will help us forge the future of innovation. More: https://bit.ly/4eS3LlS

The first day of our economic development mission to Taiwan was a resounding success and marked a pivotal moment in strengthening the bond between Texas and Taiwan. I met with President Lai Ching-te in Taipei to discuss the various ways we can enhance our economic and cultural ties. Later in the morning, I signed an Economic Development Statement of Intent with Taiwan’s Minister of Economic Affairs Jyh-Huei Kuo to encourage more investment, trade, and collaboration in key industries to support future innovation. Following the signing ceremony, I was proud to announce the establishment of the State of Texas Taiwan Office. Our goal is to facilitate closer cooperation and foster mutually beneficial economic growth and cultural exchange. I then attended a luncheon hosted by the Taiwan Minister of Foreign Affairs Lin Chia-Lung, where I met with business leaders from across Taiwan. To close out the day, I met with a GlobiTech executive to discuss opportunities for collaboration in the semiconductors and telecommunications industries. Excited for the opportunities ahead as we continue our three-nation economic development mission to Taiwan, South Korea, and Japan. More: https://bit.ly/3VT136L

It’s a LONG…good looking…VIEW….in LONGVIEW TEXAS!   TxEDC was invited to participate in the Longview Chamber of Commerce State of the TEXAS Economy Luncheon and it did not disappoint. The team continues to do phenomenal things on both a local and regional level!    After the STATE of the TEXAS ECONOMY keynote, President/CEO Aaron Demerson joined a panel that included Lisa Denton-CEO of proud TxEDC Investor Kilgore Economic Development Corporation, and Wayne Mansfield with the Longview Economic Development Corporation. The panel was brilliantly moderated by Mark Robinson, External Affairs Manager at AEP SWEPCO and Longview Chamber of Commerce Board member.   Congratulations to the Longview Chamber of Commerce on your continued accomplishments. The size of the crowd is a reflection of those committed and supportive of the work this team is doing. The LONGVIEW community has lots to look forward to as they continue to thrive, achieve and grow!   We look forward to welcoming many of the partners in attendance into the TxEDC family as we continue to showcase the best that Texas has to offer!  

Texas-Asia 2024 Business Mission   Three Countries, Four Cities and meeting with world-class businesses and government leaders to strengthen our ties, build new relationships and share with the world how and why Texas is the #1 state for business and tourism.    Governor Greg Abbott is leading a Texas delegation to Asia and the business mission officially kicked off in Taipei, Taiwan with a delegation welcome dinner hosted by Texas Economic Development Corporation investor Formosa Plastics Corporation, U.S.A.   Formosa Plastics Group Chairman William Wong met with Governor Abbott prior to the dinner to officially welcome the Governor and the Texas team on behalf of Formosa Plastics Group.  Jack Wu, Vice President of the Business Development Division for Formosa Plastics Corporation USA, also shared in welcoming the Texas delegation.   Our investors are ready to go, and our great State of Texas is better off for it!   Be sure to follow us here for updates throughout each country.    Press release: https://lnkd.in/ghp57wWa