PEC works alongside community and regional partners to recruit and develop businesses in identified target industries. With universities creating new patents all the time and a business friendly climate, Central Texas is the perfect place for high-tech manufacturing and life sciences companies to thrive. Every year for well over a decade, Texas has been named the Best State for Business, and the U.S. News & World Report has named Austin the Best Place to Live three years in a row.
Our team is able to provide assistance to businesses looking for the most advantageous areas in our service territory for their sector. PEC will even work with communities to identify local incentives and work with officials to ensure the design and buildout of any needed line extension is as efficient as possible.
Target industries are determined using employment and wage data as well as analysis of area degree and research programs. The following are just some of the industries that have been identified by regions and communities in PEC’s territory as well-suited to the area’s resources:
- Advanced manufacturing
- Aerospace, aviation, and defense
- Business services and support
- Life sciences
- Medical/biomedical research
- Regional distribution