Our state continues to excel businesswise, Just last week Governor Greg Abbott celebrated Texas being recognized with the state’s 12th Gold Shovel Award by Area Development magazine for outstanding achievement in job creation and capital investment in 2024. Texas has now been recognized with a Gold or Silver Shovel in each of the 20 years of the award program.
The governor said,“Texas again wins gold for attracting job-creating business investments thanks to having the best business climate and fastest-growing skilled workforce in America.”
Area Development recognized Texas with a Gold Shovel Award for more than $10.6 billion in high-value expansion and location projects in 2024. The magazine also acknowledged 12 high-value projects for creating more than 11,000 Texas jobs in total.
Area Development’s annual Shovel Awards recognize states for their achievements in attracting high-value investment projects that will create a significant number of new jobs in their communities. The rankings are based on a combination of weighted factors, including the number of new jobs to be created in relation to the state’s population, the combined dollar amount of the company investments, the number of new facilities, and the diversity of industry represented.
