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Texas Manufacturing
The manufacturing industry in Texas enjoys many advantages:
- Central US location making it a natural transportation hub.
- Low costs of energy gives manufacturing a competitive advantage.
- Ports all along the East Coast allow for efficient access to global markets.
- Low taxes and sensible regulation.
- A large resident population to see goods into.
These factors all mean that Texas is a great place for companies that manufacture products of all types.
Manufacturing creates well paying jobs for the Texas economy. In 2013, nearly 20,000 Texas manufacturers provided more than 881,000 jobs with an average annual wage of more
than $70,000. The only drawback to manufacturing in Texas is the availability of workforce. Texas has a relatively low unemployment rate and not enough high school graduates are entering vocational training programs preparing them for careers in manufacturing. The government is trying to correct this through the promotion of
Career Technology and Education Programs (CTE) in earlier grades and through increased funding for this program.
Houston, San Antonio, and Fort Worth are three of the top manufacturing locations in the US, with Houston often ranked #1 in US manufacturing. Texas is leading the way in creating the most new manufacturing jobs in America.
Investors in Texas, and around the world, are interested in funding Texas manufacturing startups and manufacturers wanting investment (debt or equity) to expand their operations and markets.
Entrepreneurs - Register and submit your Texas manufacturing project for funding.
Investors - Register and find profitable Texas manufacturing deals.
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