Economic development officials, corporate executives, students, and business and government leaders gathered Friday at AT&T Stadium in Arlington for the YTexas Summit — a first-time event aimed at showcasing Texas’ $2 trillion economy and the companies that make it tick.
YTexas is an Austin-based business network that connects executives who have recently moved to Texas or are considering a relocation to the state.shows more than 110 companies have moved their corporate headquarters to Texas since the beginning of 2020, with many of those landing in Dallas-Fort Worth.asked Ed Curtis, CEO of YTexas, for his take on the pace of corporate relocations and the state’s growing role in the production of semiconductors, among other topics.
If you look at the common themes, they're all technology related. Whether it's data, whether it's semiconductors, connectivity. In my opinion, most of the relocations that we saw in prior years were mostly Dallas, and Austin had a good number, but smaller companies. Houston and San Antonio, not as much. It is starting to spread out. San Antonio is getting some and Houston is getting some. It's all based on the technology ecosystem. It's not just Austin and Dallas anymore.
You've got McKinney, Sherman, Taylor, Texas, of course, Austin, where the existing Samsung fab facility is. What I find interesting about that is that when I speak to the folks in Taylor and I speak to the folks in Sherman, they're approaching this not necessarily from a local standpoint, but really from a global standpoint. There's a lot of communication between all of these projects.