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UT Dallas
Economic Development Update
March 29, 2024
Economically, the metroplex has beat last year’s employment trends. DFW started the year off with 74,600 more jobs than in January of 2023. Furthermore, recent data points toward an overall decrease in price changes since November of 2023.
Read more in the latest
DFW Labor Market Update >
![DFW Labor Market Update. A cash register processing a credit card payment. Photo Credit: Clay Banks on Unsplash [https://unsplash.com/photos/E2HgkL3LaFE]](https://economicengine.utdallas.edu/news/2024/img/newsletter_20240329_a.jpg "DFW Labor Market Update. A cash register processing a credit card payment. Photo Credit: Clay Banks on Unsplash [https://unsplash.com/photos/E2HgkL3LaFE]")
Sysgration, a Taiwanese manufacturing company, is setting up its first U.S. facility in Plano. The company is expected to spend $16 million on renovating a 98,000-square-foot complex in the city’s research and technology district to house the facility. Once fully operational, it is expected to bring over 150 jobs to the area.
Learn more at the
Plano Star Courier >
Bell Textron, a global leader in aviation systems, is planning on investing $157 million in Alliance, TX (north of Fort Worth) to establish a new advanced manufacturing facility. The company says it will commit to creating dozens of jobs with a $429 million capital investment if the project is approved by the state.
Read more at the
Fort Worth Report >
Notes Live, a Colorado-based hospitality and entertainment company, is planning to invest $200 million to build one of the world’s largest amphitheaters, with the capacity to seat up to 20,000 people, in McKinney. The Sunset Amphitheater will host music concerts and other events for the entire DFW region when completed. The project is estimated to create over 1,300 jobs and is set to begin construction in late 2024.
Learn more at
Dallas Innovates >
We are happy to fulfill customized data requests for our North Texas economic development partners and to connect your organization with resources and contacts at UT Dallas that could lead to mutual economic development partnerships.
Please reach out to F&ED to learn how your organization can partner with UT Dallas.
An Economic Engine for the Region
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