Fort Worth Economic Development Partnership

Fort Worth, Texas – The future of advanced manufacturing and sustainable energy

By City of Fort Worth Economic Development Many companies are currently working to strengthen their supply chain resiliency by reshoring critical manufacturing operations and Fort Worth, Texas offers a unique business climate for companies eager to relocate or expand their operations into the fourth largest metro area in the United States. According to the C2ER Cost […]

The Last Word: WalletHub Analyst On Best Places to Start a Business in 2024

Fort Worth is the top city in Texas, and three other North Texas cities made the top tier. “Starting a business can be very scary, considering one in every five startups doesn’t make it past the first year. ” Cassandra Happe WalletHub Analyst … on a new report of the best places to start a business […]

Over $58M Awarded to Advance Fort Worth Rare Earth Magnet Manufacturing Plant

Las Vegas-based MP Materials—which began building the plant in 2022 at Hillwood’s AllianceTexas—plans to produce “”precursor materials” at the facility this summer, and “finished magnets” by late 2025. The critically needed products will be delivered to General Motors to power EVs—and help “bring the supply chain home” to the U.S. A rare earth magnet manufacturing […]

Coffee Roaster & Distributor Farmer Brothers To Move Its HQ From Northlake to Fort Worth

Last June, Farmer Brothers Co. sold its direct ship business for around $100 million, along with its sprawling home across from the Texas Motor Speedway. Now it’s Panther City-bound. Nine months after selling its direct ship business to TreeHouse Foods for roughly $100 million, Northlake-based coffee roaster and distributor Farmer Brothers Co. is moving to […]

Crescent Offices West

Fort Worth-based Crescent Real Estate LLC plans to add more office space to its Crescent Fort Worth mixed-use project. Here’s a first look at the plans.

Panther Island Strategic Vision Update Presented to Fort Worth City Council

Pedestrian-friendly, open space, and more infrastructure costs are all in the update. A new recommended strategic vision for the Panther Island project in central Fort Worth was presented to the Fort Worth City Council at its work session last week. HR&A Advisors was engaged last year to help guide the future development of the economic development aspect of the […]

The 2023 Governor’s Cups

A newcomer to the winner’s circle and a 12-time repeat winner explain their strategies for corralling enough capital investment projects to claim the Cups. Maybe it’s a coincidence, or maybe not. But the two states with the highest construction employment increases between December 2022 and December 2023 are the same states claiming the 2023 Governors’ […]

Governor Abbott Announces Launch Of Texas Jobs, Energy, Technology, And Innovation Program

Governor Greg Abbott today announced the opening of applications for the Texas Jobs, Energy, Technology, and Innovation (JETI) program, a new competitive economic incentive tool that will attract new jobs and investments to the state. “The JETI program is a new, transparent economic development incentive tool to help our communities continue to attract transformational capital investments that will […]