The Dallas economy is fueled by many industries, but healthcare and pharmaceuticals have a strong presence in the region. In fact, San Francisco pharmaceutical leader McKesson will be expanding in Dallas county’s Irving, TX. Over 975 jobs will be added to their facility in addition to the already 900 that are working there.
This expansion will cost about $175 million and will be funded in part by a $9.75 million grant issued by the Texas Enterprise Fund.
“This expansion is yet another testament to the power of Texas’ low-tax, low-regulation economic climate that continues to attract industry leaders, innovators, and job creators from around the globe” said Texas Gov. Abbot.
Texas is already known is a business friendly state, leading to a strong job market which in turn makes for a solid local real estate market. Successful investors are currently purchasing real in Dallas and other major metros throughout Texas. Learn more about the factors driving the Texas economy and real estate market by downloading this informative market report.