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Gov. Perry Meets with Delegation of California Leaders to Discuss Economic Development

Press Release

Location: Austin, TX

Gov. Rick Perry today met with a delegation of elected officials and business leaders from California to discuss economic development and Texas' approach to attracting jobs and employers to our state.

"Ensuring each state is strong individually is not only good for the national economy, it ensures the rest of the states work that much harder to create jobs and prosperity for their citizens," Gov. Perry said. "Here in Texas, our economic approach has made our state a major destination for companies looking to relocate or expand, and we will continue to strengthen these principles, which have helped make our state the best place to live, work and do business."

Gov. Perry credited Texas' sound economic principles with helping the Lone Star State lead the national economic recovery, and add more jobs than any other state over the past 10 years and in 2010. Strengthening these principles, including keeping taxes low, maintaining a predictable regulatory climate and fair legal system, and promote a skilled workforce, remains a priority for the governor.

The governor also credited the Texas Enterprise Fund (TEF) and Texas Emerging Technology Fund with helping attract jobs and capital investment to our state economy, and top researchers to our institutions of higher education. Just this week, eBay announced it is expanding its Austin office and creating more than 1,000 jobs thanks in part to a $2.8 million investment through the TEF, and today 3M announced it is expanding a facility in Angleton that will create 55 jobs and generate an estimated $21.2 million in capital investment with the help of a $194,000 TEF investment.

"From 2008 to 2010, Texas added more than 165,000 jobs. During that same time period, California lost 1.2 million jobs," California Assemblyman Dan Logue, who led the delegation, said. "In terms of creating jobs, Texas is clearly doing something right and California is doing something wrong. We are here to find out what we can do differently to help create jobs we desperately need in California."

Texas' economy continues to receive national recognition. Site Selection Magazine awarded Texas the 2010 Governor's Cup for the most new and expanded corporate facilities announced over the year. Newsweek recently ranked four Texas cities in its list of 10 cities best situated for economic recovery, and described Texas as the top destination for job-seeking Americans. The Wall Street Journal recently credited the state's low taxes and employer-friendly environment with helping make Texas the job creation capital of the nation. Additionally, Texas was recently designated the top exporting state in the nation for the ninth year in a row, and no other state is home to more Fortune 1000 companies.

The California delegation is scheduled to include:
· Assemblyman Dan Logue
· Lt. Governor Gavin Newsom
· Assembly Republican Leader Connie Conway
· Assemblywoman Diane Harkey
· Assemblywoman Cathleen Galgiani
· Assemblyman Martin Garrick
· Assemblywoman Shannon Grove
· Assemblyman Brian Jones
· Assemblyman Steve Knight
· Assemblyman Mike Morrell
· Assemblyman Donald Wagner
· Donna Arduin -- former California Finance Director, Arduin, Laffer & Moore Econometrics
· Julie Blunden -- Executive VP of Public Policy/Corporate, SunPower Corporation
· Jeffrey Clark -- State Government Affairs Southern Regional Policy Director, TechAmerica
· Carl Guardino -- President, and CEO Silicon Valley Leadership Group
· Cynthia Guerrero -- CG Consulting
· Jack M. Stewart -- President, California Manufacturers & Technology Association
· Bryan Tucker -- Senior Director, NA Operations/PMO Aviat Network
· Rock Zierman -- President, California Independent Petroleum Association

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