Businesses in Fort Worth, TX
As the list of positives about doing business in Fort Worth just keeps growing longer, new expansion announcements keep rolling out and accolades keep pouring in for the area's economic climate.
Made for Success
Whether large or small, a natural gas company or a high-tech entrepreneurial startup, Fort Worth’s business climate is tailor-made for success. The DFW Metroplex is now home to the fourth highest concentration of Fortune 500 company headquarters in the United States.
The city is known for its legacy defense manufacturing facilities, including such corporations as Lockheed Martin and Bell Helicopter. It’s also the international headquarters for the likes of American Airlines, BNSF Railway, Pier 1 Imports and RadioShack.
Diverse Commercial Center
A mix of well-known players in health care, finance, telecommunications, education, tourism, retail trade and services make Fort Worth a truly diverse commercial center. They all combine to create a robust economy that has withstood the nation's economic slowdown and is well positioned to continue.
Sometimes those numbers are hard to measure, but the hard facts are that employment here is growing at the fourth strongest rate of the country’s top 25 largest metro areas, and Fort Worth has the third largest percentage increase in employment among metropolitan divisions.
Awards & Accolades
Fort Worth ranked No. 4 on NewGeography.com's 2012 list of Best Large Cities in the U.S. for Jobs, and Site Selection named the Fort Worth Chamber a Top 20 Economic Development Organization in the U.S. Site Selection also listed the DFW area as the fourth best market for corporate relocation and expansion.
Besides ranking third in the nation for adding private sector jobs in 2011, another contributor to this type of high profile recognition is the city's central location and transportation system, which includes four area airports (DFW International, Alliance, Meacham and Spinks) that collectively serve more than 57 million travelers a year.
Now add in a low tax structure and business-friendly climate that makes it easy to set up shop and expand, and it’s easy to see why Fort Worth is literally growing up, and out, in every direction.
The city and its economic development officials leverage these assets by investing in both new development and infrastructure improvements to keep businesses moving into and expanding within the region.
For example, nearly $6.5 billion in public and private funds have been invested in the 17,000-acre AllianceTexas, which is a master-planned, mixed-use community in north Fort Worth that contains more than 300 companies and approximately 7,700 homes.
Almost 31,000 people currently work in AllianceTexas, and there's more growth to come. Meanwhile, in its 22-year existence, the AllianceTexas development has paid more than $1 billion in property taxes to Fort Worth and other local governments.
Learn more about jobs in Fort Worth, TX.