June 2023 | Central Texas News and Developments
The Latest Local Happenings
Korean company said to supply Samsung buys Bastrop warehouse
June 27, Austin Business Journal | More and more businesses are making their mark in Bastrop, Texas. LS Electric, a South Korea-based clean energy producer and possible supplier of Samsung, has recently purchased commercial real estate in Bastrop.
Texas Named Best Business Climate In The Nation
June 26, Office of the Texas Governor | Business Facilities magazine, a trusted recourse for corporate site selectors and consultants, has named Texas as the state with the best business climate. States are evaluated on 60+ different factors to receive their ranking, with the full report becoming available either July or August 2023.
Leaders in Luling can't think little any longer
June 20, Austin Business Journal | With recently securing a $1M federal grant, as well as the world’s largest Buc-Ee’s and other big businesses making their mark in this small Central Texas town in Caldwell and Guadalupe County, Luling is bracing themselves for a local boom.
Why this small Texas city is a thriving business hub
June 13, Austin Business Journal | Outside of San Antonio and Austin, the small Central Texas city of Sequin is a pro-business community. There are a number of reasons why businesses, investors, and developers are flocking to this area - from location to economy and more.
The Fed’s summertime pause on interest rates could easily turn into a permanent vacation
June 13, Fortune | As US inflation continues to cool, the Federal Reserve’s decision to keep rates steady and hold off on interest-rate hikes. Details are suggesting that this temporary pause could be the beginning of the end.
Space for restaurants, retail, offices appears headed for Hutto
June 6, Austin Business Journal | The Hutto Council voted in favor for a 5-acre, $3 million project including restaurants, stores, and office space for this fast-growing city. Located just northeast of Austin, Hutto has seen population growth and growing demand for local commercial projects.
Texas leads nation with 55 companies on annual Fortune 500 list
June 5, Austin American-Statesman | For the second year in a row, Texas has had the most Fortune 500 companies in the nation. Home to 55 large business headquarters, Texas comes out ahead of California and New York.
All top 5 real estate markets in U.S. activity are Lone Star State cities
June 1, wfaa.com | The Texas real estate market is booming. Storage Cafe ranked cities with the most real estate activity, with the top 5 real estate markets all being in Texas.