Texas ranks high in best business climate list – Dallas Business Journal – Dallas Business Journal

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Texas once again ranks high on the nation’s top states for business climate ranking, according to Site Selection magazine.  
The top 25 state business climate ranking is based 50% on a survey of corporate real estate executives and 50% on an index of seven criteria from data in the Conway Projects database. 
Site Selection ranked Texas third on its business climate ranking. Last year, the state tied for fourth with South Carolina. Texas last held the first place mark in 2004.  
North Carolina ranked first in this year’s list after its tie with Georgia last year. Georgia, Ohio and Indiana also made it to the top five.  
Despite its third-place spot in the overall list, Texas once again ranked first in the executive survey business climate ranking followed by Florida, Georgia, North Carolina and South Carolina.  
Survey respondents listed proximity to ports, access to the supply chain and low taxes as some of their factors for their rankings.  
Lower costs and taxes for businesses make Texas a popular destination for many companies. Most recently, Hall Technologies announced plans to move from Southern California to Coppell. The company is planning to move into its 26,000 square feet site early next year.  
“The state of Texas, in general, has been growing for quite a number of years (and) Dallas, in particular, is becoming a tech hub,” said Hall Technologies CEO Jason Schwartz. “It just really made sense for us to go there.”  
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