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 Texas governor says companies moving headquarters to the state has turned into a ‘tidal wave’

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Texas governor says companies moving headquarters to the state has turned into a ‘tidal wave’ Vide
PostSubject: Texas governor says companies moving headquarters to the state has turned into a ‘tidal wave’   Texas governor says companies moving headquarters to the state has turned into a ‘tidal wave’ Icon_minitimeSat Dec 12, 2020 5:39 pm
Texas Gov. Greg Abbott told CNBC on Friday that the number of companies deciding to move their headquarters to the Lone Star State has accelerated due in part to the coronavirus pandemic.

The Republican governor’s comments came shortly after it was reported that software giant Oracle is moving its corporate center from Redwood City, California, in Silicon Valley to Austin, Texas. Hewlett Packard Enterprise also said earlier this month it is moving its headquarters to Houston from San Jose, California. Earlier this fall, real estate giant CBRE officially shifted its HQ from Los Angeles to Dallas.

“I have been on the phone on a weekly basis with CEOs across the country, and it’s not just California,” Abbott said on “Fast Money,” referencing his meeting last month with officials from the Nasdaq. “We’re working across the board because the times of Covid have exposed a lot. They’ve exposed ... that you really don’t have to be in Manhattan, for example, in order to be involved in the trading business or the investment business.”

https://www.cnbc.com/2020/12/11/gov-greg-abbott-on-oracle-companies-moving-headquarters-to-texas.html
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Texas governor says companies moving headquarters to the state has turned into a ‘tidal wave’ PgkowJT
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