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Texas attracts dozens of company headquarters to the state annually, with at least 314 businesses moving their main office to Texas from other states between 2015-2024, data from the governor’s office shows.
Zooming in: At least 24 companies moved their headquarters to Texas in 2024, with more than half landing in the Dallas-Fort Worth region. Two companies relocated from other countries, with data center developer Hive Digital Technologies bringing its home base from Canada to San Antonio and pharmaceutical company IntraBio Inc. moving its headquarters from the United Kingdom to Austin.
How we got here: State officials and experts said Texas’ economic incentives and light regulatory environment are key reasons why companies brought their operations to the state in recent years.
“Texas wants companies to move here, and [company leaders] know that,” Megan Mauro, interim president and CEO of the Texas Association of Business, told Community Impact. “Our legislative policy is really impacted by the voices of employers here.”
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