Paul Connor, also a Principal at Liberty Development Partners, adds “Strategically producing, shipping, and receiving products and inventory from the right location can save valuable time, resources, and capital.”
Sitting just 30 minutes from Downtown Houston and the Port of Houston, as well as 45 minutes from The Woodlands and Hobby Airport, Gulf Inland’s unmatched location and transportation capabilities provide the logistics solutions many businesses need today and in the future.
Gulf Inland is actively taking on tenants, and eagerly looking to fill spots as on-site improvements are underway.
Amarillo, TX: In The Middle Of Everywhere
Amarillo is growing faster than ever, and its convenient location, strong workforce, and welcoming community are no longer a secret to businesses. Amarillo’s assets extend far beyond its agricultural commodities and vast land resources, too. The Texas Panhandle’s economy encompasses a diverse group of industries, from livestock and food technologies to renewable energy and logistics. Here are five reasons why companies are choosing to expand their operations in Amarillo, TX.
Utilities and Infrastructure. With ample supply comes low rates, Amarillo’s utility rates are among the lowest in the nation. Electricity and natural gas costs are below the national average. Amarillo secured a supply of high-quality underground water sufficient to meet the city’s needs for over 200 years.
Financial Incentives. Amarillo fast-tracks your move with tax incentives, cost abatements, and other grants to help your business flourish.
Tax Incentives. Amarillo has no personal income tax, state property tax, or unitary tax.
Freeport Designation. Businesses in Amarillo are exempt from inventory property taxes of goods exported, as well as numerous other exemptions.
Tax Abatements. Businesses in Amarillo that apply for tax abatement can be exempt or pay a lower tax rate for up to 10 years if approved.
Job Creation Incentive Grant. Amarillo has developed further financial incentives to create full-time jobs.
Skilled Labor. Amarillo’s history of innovation and acclaimed universities make it home to a skilled workforce. Amarillo’s workforce is projected to grow 16.79% across industries annually through 2028.
Education. With two universities and one community college, Amarillo is the education hub of the Texas Panhandle. The workforce is young, educated, and hard working.
The Amarillo Economic Development Corporation creates and supports ongoing training programs with local organizations, such as Amarillo College, to produce specialized training programs to meet the specific needs of local employers like Bell Helicopter and Gestamp.
The Texas Skills Development Fund provides ongoing training and upskilling. Very few Amarillo employers have a unionized workforce, and employers consistently report no organizing efforts.
Access to Transportation. Amarillo is strategically placed near major ports, highways, and railways, which expedites transportation and reduces freight costs.
The city also has direct access to I-40, I-27, and Route 66, as well as Rick Husband Amarillo International Airport. The BNSF Intermodal Railway Facility handles about 30,000 containers and trailers each year. The Union-Southern Pacific railroad directly connects Amarillo to three ports: Houston—500 miles; Galveston—650 miles; San Diego—1,000 miles.
