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April 22, 2008
Texas Passes New York on Fortune 500 List
From the AP:
Texas is king of the hill when it comes to corporate headquarters.
The Lone Star State passed New York as home to the most big companies in the latest list compiled by Fortune magazine.
Texas now boasts 58 headquarters, three more than New York, the previous No. 1, and California, with 52.
Business experts say it's a matter of simple economics – Texas attracts companies with its low taxes, affordable land and large labor force.
Posted by edelfenbein at April 22, 2008 10:15 AM
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