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UT Dallas

UT Dallas

Economic Development Update

May 28, 2025
The Connection. A tractor harvesting corn in Bartlett, Texas. Photo Credit: Samantha Amidon on Unsplash [https://unsplash.com/photos/a-tractor-is-driving-through-a-field-at-sunset-i3VLYuyZXx0]

The key industries linked to Texas’ economy through exports and imports are agriculture, mining, and durable/nondurable goods manufacturing. In 2023, these sectors had a combined GDP of $516 billion within the state’s $2.6 trillion economy, with DFW making up $67 billion. This month’s issue of The Connection highlights DFW and Texas’ contributions to GDP.

NTxBio, a New Mexico-based manufacturer of pharmaceutical-grade raw materials used to develop RNA and protein therapeutics, is opening a $31 million biomanufacturing facility in Plano. The company received a Texas Enterprise Fund grant of nearly $1.5 million to open the facility, which will create more than 170 new jobs. This project win highlights North Texas’ growing momentum as a hub for biotech and life science companies.

Read The Announcement

 The NTX Logo. A group of different-sized aquamarine circles that form a bigger circle with an empty space inside in the shape of a human hand. Next to it appears the text “NTX. Nature’s Toolbox.”.
The University of Texas at Dallas. Established 1969.

Companies are overwhelmingly choosing to locate in regions that have a highly-skilled workforce and established innovation ecosystems. UT Dallas can help “seal the deal” for prospects considering North Texas by showcasing our quality talent pipeline and groundbreaking research partnerships.

Here are examples of resources we can provide your economic development group (at no cost!):

  • UT Dallas enrollment and graduation pipeline data for specific industries
  • Workforce data pertaining to your specific community
  • GIS maps highlighting the benefits of your community
  • Customized reports
  • Introductions to faculty members doing groundbreaking research in key industries

Our team’s mission is to help recruit and retain quality employers to North Texas. Reach out to us directly if we can help your team make the case for North Texas.

We are happy to fulfill customized data requests for our North Texas economic development partners and to connect local industry with UT Dallas research and workforce development initiatives.

Please reach out to Jenny Mizutowicz, CEcD to learn how your organization can partner with UT Dallas.

An Economic Engine for the Region

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The University of Texas at Dallas

The University of Texas at Dallas, 800 W Campbell Rd, Richardson, TX 75080-3021

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