Area Development Homepage >> Location USA >>

Lubbock: The Place To Do Business

Lubbock, Texas, has a ready work force, thanks to Texas Tech University and South Plains College, and a growing employer base that includes American and Mexican companies.

Area Development Online Research Desk (Location USA 2010)

Lubbock is the economic center of a 26-county region that has a population of over 600,000. Its strong, diverse economy is based on manufacturing, agriculture, wholesale and retail trade services, as well as government, education, and healthcare.

Top-Notch Resources
As the largest comprehensive research university in the western two-thirds of the state, Texas Tech University welcomes innovative and visionary research projects in our community. Texas Tech is eager to partner with enterprises and offer expertise to these ventures to enable growth.
In addition, Lubbock hosts one of the fastest-growing community colleges in the nation, South Plains College. With its many career pathways leading into the work force and/or universities, Lubbock is building and sustaining a qualified, skilled labor pool. And, Lubbock is home to one of the leading advanced technology centers in the state and nation. Lubbock’s cost of doing business continues to rank as one of the lowest in the nation. And, as a pro-business community, Lubbock has some of the lowest costs in Texas. In addition to providing affordable land, the community offers low-cost electricity and natural gas, competitive wage rates, an overall lower cost of living, low property taxes, and other manageable business-related expenses.

Lubbock Business Park
Lubbock Economic Development Alliance (LEDA) owns and operates the Lubbock Business Park, a 586-acre tract of land located off of Interstate 27, approximately one mile south of Lubbock Preston Smith International Airport and two FBOs (fixed-base operators). Currently O’Reilly Auto Parts Distribution Center and WesTX Packaging Company/Standard Bag Manufacturing reside in the park. In the very near future, Monsanto and Standard Sales/Anheuser-Busch will begin operations there as well. In addition, Verizon will be breaking ground at the park in the next year.

Marc Farmer, Director of Business Recruitment
Lubbock Economic Development Alliance
1500 Broadway, 6th Floor
Lubbock, Texas 79401
Phone: 806-749-4500 or
800-687-5330 (toll-free)
Fax: 806-749-4501
E-mail: marc.farmer@lubbockeda.org
www.lubbockeda.org

LEDA has invested more than $22 million in the Lubbock Business Park and is working hard to attract more distribution centers, manufacturing businesses, high-tech companies, and research and development organizations. With the immediate access to the interstate and a strong local economy, the park has brought new economic activity to Lubbock. LEDA continues to strive for new jobs and new capital investment for the city and feels the Lubbock Business Park is the ideal location for growth and investment.

Lubbock Rail Port
The Lubbock Rail Port, located on over 526 acres, only a few miles north of the Lubbock Preston Smith International Airport, provides companies with convenient access to the airport and on-site access to the Burlington Northern Santa Fe (BNSF) rail system. Mexico-based Molinos Anahuac (MACSA) currently has its first U.S.-run flour mill and laboratory in the Lubbock Rail Port.

With the recently acquired 200 additional acres and the $1.5 million U.S. Department of Commerce Economic Development Administration grant to extend additional rail into the complex, activity will soon be increasing at the Rail Port. LEDA strives to attract food processors, light manufacturing, as well as heavy industrial companies to the Rail Port.

With a world-class university system, a high-quality operating environment, competitive cost environment, and an integrated approach to addressing economic development and work force issues, Lubbock is the place to do business.

Save/Share Article

About the Author

Area Development Online Research Desk

More articles by Area Development Online Research Desk

ASK AREA DEVELOPMENT

Have questions, comments or concerns about this article? Submit to Ask Area Development here and the author or an expert from our network of site selection and facility planning professionals will answer:

Privacy policy / GuidelinesArea Development will select a number of questions to answer each week. An Area Development representative will contact the submitting reader directly with feedback. Additionally, all submissions are eligible to appear online or in our print publication. If your question is selected for publication we will include and publish your first name, job title and industry only. The full identity of the submitting reader will not appear in published format.Area Development will not publish, share with any third parties, or use for marketing purposes any personal information submitted here without the express consent of the submitting reader.

News Items

Around The Web

Studies/Research

News Items

Around The Web

Studies/Research

Subaru of Indiana Automotive Invests $75 Million On Plant Expansion In Lafayette, Indiana

State Resource Map

State News and Insight
Corporate Taxes
Business Incentives
Credits
Grants
Click on any state below

State Resource Sponsor

United States Inward Investment Location Profiles

ARKANSAS

Arkansas Is a Growing Gateway to World Trade

Global recruitment and trade are key elements of Governor Mike Beebe's strategic plan for economic development. The Arkansas Economic Development Commission (AEDC) is committed to attracting and retaining the best companies and the most advanced industries from around the world.

Little Rock, Arkansas: A Globally Recognized Brand

For two years in a row, the Little Rock region has been named "America's Fourth Strongest Economy" by the Brookings Institution's MetroMonitor. The Wall Street Journal calls it the nation's "Sixth Best Real Estate Market," while Forbes says it is America's "Seventh Best Place for Jobs."

CALIFORNIA

Energy Innovation from SMUD LEEDS Businesses to Sacramento

With so many states trying to lure businesses to their cities, why have such pioneering companies as Intel, Siemens Mobility, Micron, and SynapSense chosen to call Sacramento, California, home?

KENTUCKY

Kentucky Is a Global Business Center

Kentucky remains a leading location for foreign direct investment. Since January 2010, approximately 30 percent of all announced new investment resulted from FDI activity. Today, nearly 400 foreign-owned companies from almost 30 nations employ more than 75,000 people in the state.

NEW YORK

Buffalo Niagara — "Where Business Works"

Buffalo Niagara, located in western New York with a population of 1.5 million (2010), is a region that's truly on the rise. In the past decade more than 50 American, Canadian, and international companies have set up shop in Buffalo Niagara, drawn to the many unique benefits the region provides.

OKLAHOMA

Tulsa — Where Business Grows

Home to more than 900,000, Tulsa, Oklahoma perfectly balances convenience and affordability with the advantages of a highly skilled work force, a central location, a pro-business atmosphere, and an excellent quality of life.

TENNESSEE

Chattanooga: The CAN DO Community

Why have companies like Volkswagen, Alstom, Sanofi-Aventis, and Amazon.com invested more than $3 billion in Chattanooga during the worst economic downturn in recent memory?

site selection tools