Royse City News Center

AD: Will more companies be re-shoring or near-shoring as a result of the global pandemic? Jensen: For certain, most companies are closely examining the options available to them to avoid future supply chain interruptions. Part of the challenge of making a decision on a future sourcing direction is that this story isn’t over...Continue Reading

Much has been written about the disruptions of COVID-19 on every line of business. In the realm of economic development, this has included a recommitment to retention and expansion programs, touting quality of life to capture the influx of remote workers, a rush to virtual site tours, and many othe...Continue Reading

For immediate evidence of disruptions in the automotive supply chain, you need to look no further than your local dealer. Many lots are nearly empty of new vehicles, with average dealer inventories across the U.S. far below the normal 50–60 days’ supply. How did this happen? Of course, the COVID-19 pandemi...Continue Reading

As state economies struggle between surging cases of COVID-19 and intense pressure to reopen — albeit with varying degrees of restrictions — companies that reduced or halted operations in response to stay-at-home orders are torn between the urgent needs to both restore revenue streams and to ensure the safety o...Continue Reading

To call the road that most metro areas have traveled this year rocky would be akin to labeling Mount Everest a speed bump. But the most turbulent period of our lifetimes will eventually give way to a sustained recovery. And when it does, certain types of metro areas are i...Continue Reading

It would be easy to look at current economic statistics and conclude that we may as well remove words such as “business growth” and “expansion” from our collective vocabularies for the time being. On a macro level, the economy is anything but healthy, thanks to the coronavirus. And yet ther...Continue Reading

It’s not surprising that in the face of a global pandemic and its economic impact, merger and acquisition activity is gearing up. It’s inevitable that in periods of economic downturn, stronger and better positioned companies acquire struggling businesses. However, it’s also common for both acquirers and the communities in whic...Continue Reading

Starting March 11, 2020, when the pandemic was declared by the World Health Organization (WHO) as a global pandemic, we quickly experienced a flurry of events thereafter, witnessing drastic changes not only take place on a worldwide scale but also in our own personal lives at home and in business as we had t...Continue Reading

In late February, Target CEO Brian Cornell was sipping coffee in a Manhattan deli—one eye on the keynote address he was soon to give at an investor conference, the other on his phone as news alerts of America’s first confirmed Covid-19 death buzzed in. Target’s communications, investor relations and special-events teams ha...Continue Reading

AUSTIN, TX – Governor Greg Abbott today issued a statement after a new survey of U.S. corporate executives ranked Texas the number one state for business for the eighth consecutive time since 1996. The survey was released at the International Economic Development Council (IEDC) Annual Conference, which is being hel...Continue Reading

BOERNE, Texas (KXAN) — As the coronavirus pandemic continues to take a toll on lives and healthcare systems across the country, communities are also having to contend with the economic fallout of the COVID-19 pandemic. Now, 58 Texas communities beyond metropolitan areas have a new lifeline in weathering this storm...Continue Reading

Americans’ ability to vote is facing its greatest challenge in decades. Between the Covid-19 pandemic, voter laws that vary by state, and uncertainty about whether mail-in ballots will be counted, many Americans are willing to stand in long lines just to vote early. It is important that businesses support thei...Continue Reading

Governor Greg Abbott and the Texas Health and Human Services Commission (HHSC) today announced $3.5 million in federal funding for nursing facilities to purchase plexiglass barriers and tents to allow for safe visitation during the COVID-19 pandemic. Nursing facilities may apply for this funding through HHSC beginning October 5, 2020. "A...Continue Reading

Despite some companies pausing projects due to the pandemic and the resulting economic meltdown, Texas has more potential corporate relocations and expansions in the pipeline than before COVID-19 hit, a top state economic development official said in a summit on Thursday. Adriana Cruz, executive director of Economic Development and Tourism fo...Continue Reading

As the coronavirus pandemic disrupted global supply chains, a new report released in April by the Information Technology and Innovation Foundation (ITIF) urged the U.S. government to develop a national industrial strategy to strengthen the competitive position of advanced, traded-sector industries that are “too critical to fail.” “Even before this pandemic...Continue Reading

This year’s National Finals Rodeo will move from Las Vegas to Globe Life Field in Arlington, Texas. Professional Rodeo Cowboy Association and Texas Rangers officials have called a news conference Wednesday morning at which they will announce the temporary relocation. Globe Life Field, which has a retractable roof and seats 40,300 people...Continue Reading

AD: Will more companies be re-shoring or near-shoring as a result of the global pandemic? Jensen: For certain, most companies are closely examining the options available to them to avoid future supply chain interruptions. Part of the challenge of making a decision on a future sourcing direction is that this story isn’t over...Continue Reading

In times of economic struggle — such as the recession that abruptly arrived with the COVID-19 pandemic — analysts and advocates promote an array of options as effective tools for stimulating the economy. One of the most frequently suggested options is infrastructure spending. Proponents of infrastructure spending during dire economi...Continue Reading

Rockwall and Hunt counties added more than 700 jobs between June and July, as the region continues to recover economically from the COVID-19 pandemic. But the local employment numbers are still well behind where they were one year ago, according to a report issued by the Texas Workforce Commission. Read full article.Continue Reading

Effective hiring and retention practices are key to effective leadership. The reality is that managers that hire well and that are able to keep talented employees produce better results. Replacing employees is time-consuming, expensive, and disruptive. Plus, when an employee leaves, it can impact the entire team and cause a rippl...Continue Reading

With 700 million users, LinkedIn provides a massive opportunity for businesses to increase sales leads and revenue. In this video, the creator and host of “The Startup Story” shares tips for leveraging LinkedIn to start conversations with cold contacts, namely: Research, learning more about the contact you’re reaching out to from their profile as well as other socia...Continue Reading

TINTON FALLS, NJ – Business Facilities released its 16th Annual Rankings Report, with Texas leading as the state with the best business climate. Texas, also ranked Business Facilities’ 2019 State of the Year, adds this achievement to its unmatched portfolio of top rankings from the magazine, including a record-breaking four State of the Yea...Continue Reading

Amid a frog-drowning, several dozen members of the Austin Tesla Club gathered jubilantly in a parking lot in East Austin. Masked fans cheered as a middle-aged man flashed the Bevo with one hand and fired a flamethrower with the other. The crowd was there to celebrate the deal between Travis Count...Continue Reading

Area Development’s annual Gold and Silver 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. To see the full list click here »Continue Reading