Monday, March 17, 2008

Governor Rick Perry closes deal to bring business to Texas

Gov. Rick Perry (photo)

Enterprise Fund Closes Another Deal to Bring Business to Texas

U.S. Bowling Congress to Move Headquarters to Arlington

Governor Rick Perry today announced that the United States Bowling Congress (USBC) will relocate its headquarters from Greendale, Wisc., to Arlington as a direct result of a $693,000 award from the Texas Enterprise Fund. (TEF)

The deal brings nearly 200 jobs and $13 million in capital investment to Texas.
"Companies throughout the country are looking to Texas as the place to grow their business thanks to a reasonable regulatory environment, educated workforce, and economic incentives that bolster Texas’ capital and competition in a global marketplace," said Gov. Perry.

"As a result of tools like the TEF, Texas continues to diversify our economic portfolio by attracting businesses like the U.S. Bowling Congress, fortifying our standing as the national leader in economic development and job creation."

Texas was in competition with Milwaukee, Wisc., for the relocation project. "The Texas Enterprise Fund award was a critical factor in our decision to relocate USBC’s headquarters to Arlington," said Chief Operating Officer Kevin Dornberger. "Relocating our headquarters to Arlington will provide a business climate that will be invaluable in helping us achieve our future goals for the sport."

Dornberger joins business leaders around the country who recognize Texas’ booming business climate. For the third year in a row, the nation’s leading executives ranked Texas the best state in the nation to do business. The reason mirrors what many publications have applauded Texas for: controlled taxes and spending, reasonable regulations, an educated work force, quality of life and infrastructure. (Chief Executive Magazine, January 2008)

The legislature, at Gov. Perry’s request, created the TEF in 2003 and re-appropriated funding in 2005 and 2007 to help ensure the growth of Texas businesses and create more jobs throughout the state. The fund has since become one of the state’s most competitive tools to recruit and bolster business. To date, the TEF has closed the deal on projects generating more than 51,800 new jobs and $15.6 billion in capital investment in the state.

For more information on the Texas Enterprise Fund, please visit
http://www.governor.state.tx.us/.

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