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Recognition: Texas Receives Business Facilities' State of the Year Award

TINTON FALLS, NJ -- (Marketwired) -- 05/30/13 -- In a ceremony at the Texas State Capitol in Austin, Business Facilities Editor in Chief Jack Rogers presented Gov. Rick Perry with the magazine's coveted 2012 State of the Year Award.

The Lone Star State has finished first or second in each of the past five annual competitions for the top honor from the national publication, which covers economic development and site selection. Texas was BF's 2007 State of the Year winner.

Rogers told Perry that Texas easily outpaced the field with the most dynamic, business-friendly state economy in the U.S. and a diversified strategy combining high-tech growth in semiconductors and solar panels with traditional strength in oil and gas. Aggressive incentives, solid infrastructure, low labor costs and a growing population position the state to defend its hegemony for years to come, Rogers said.

During the award presentation, Perry hailed reforms Texas has enacted to cut red tape and "unreasonable" regulations and clear the way for business development. Perry cited tort reform, which he said had enabled a major medical center in Texas to undertake a $5-million expansion with the money it saved on legal expenses.

"What it's really about is freedom," Perry said. "Everyone should have the freedom to succeed, to grow their business, to be the best they can be."

Gov. Perry also reflected on his experience as a candidate for president in the 2012 campaign: "I learned some lessons in that campaign. You can't parachute into the middle of those things, especially a few weeks after you've had major back surgery. You've got to start early and get your message across that this country needs strong leadership, it needs somebody with real experience in getting the job done."

For a complete report on the award presentation visit http://businessfacilities.com/lassoing-jobs-in-texas/

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The preceding is an American Business Media Editorial Exclusive issued via Marketwired. Neither the ABM nor Marketwired are responsible for the content of the preceding document.

Founded in 1906, American Business Media is the association of business information providers, delivering business intelligence to industry professionals worldwide, including Madison Avenue, Wall Street and the Beltway. Its 300 plus member companies reach an audience of more than 100 million professionals and represent nearly 6,000 print and online titles and over 1,000 trade shows, with well over $26 billion in annual revenues.

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