News Center

n the late 1990s, when Daniel A. Spitz was a student at the Watchmakers of Switzerland Training and Educational Program (better known as WOSTEP) in Neuchâtel, Switzerland, he visited the Audemars Piguet factory in nearby Le Brassus. “I was trying to explain to them, ‘Do you have any idea how muc...Continue Reading

Congratulations. Your business is growing! Revenue is up, and you just launched a new product that is flying off the shelves. The only problem is you need to hire more people and you have no place to put them. You have hired a site selector, and they have found th...Continue Reading

Jeffrey Counsell’s article in Area Development, “Siting a New Production Plant: A Challenge Intensifies”, was an excellent discussion of a new dynamic in food plant site selection: avoiding second-generation food plants solely due to the potential risk of pathogens. I also teach this tactic of risk management. Early in m...Continue Reading

Most businesses have not escaped supply chain challenges over the previous 12 months. When everyone expected COVID-19 to slow demand, it accelerated demand to a point where supply chains were stretched to their limits. But it not just COVID — the winter storm of 2021 reduced Texas’ capacity to refin...Continue Reading

Let’s face it: Manufacturers’ traditional sales models can hurt both the company and the customer. Because of the pandemic causing havoc on supply chains, selling direct has become a more popular option for many manufacturers.  Looking forward to the 2020s, the old model of selling through a distribution/broker/retailer channel may stil...Continue Reading

GIDDINGS, TX, October 12, 2021 – Giddings Economic Development Corporation (GEDC) was honored by the International Economic Development Corporation (IEDC) at their annual conference with a silver and three gold awards for economic development activities conducted in a city with a population less than 25,000. GEDC President, Alan Casey, an...Continue Reading

As the very successful Walt Disney once said, “If you can dream it, you can do it.” And as a successful entrepreneur myself, I can confirm that you can make your dreams come true if you set your mind to it, persevere, and give it all you got. But, makin...Continue Reading

AUSTIN, TEXAS — Tesla is moving its headquarters from Palo Alto, California, to Austin in a move that highlights the advantages of doing business in Texas, said Robert Allen, President and CEO of the Texas Economic Development Corporation. “We are really delighted to hear Tesla is moving its headquarters to Austin...Continue Reading

For small businesses, taxes are a financial and administrative burden that directly impacts their ability to invest in their business, their employees, and compete in the broader economy. In fact, 77% of small business owners reported that federal business income taxes were very or moderately burdensome according to NFIB’s 202...Continue Reading

I recently had the pleasure of speaking on a panel at one of our Regional Business Summits in Round Rock, Texas.  After the event, I could not help but feel energized and excited about all the positive things happening in Round Rock, the Central Texas region and across Texas. As ...Continue Reading