1. GLOBAL LEADER Since 2005, Texas has created more than a fourth of all U.S. jobs.

2. Business Startups (U.S.) Austin, #7, 2014 Business Tax Climate Texas, #10, 2015 Business, Best State Texas, #1, 2014 College Graduates, Best for (U.S.) Austin, #3, 2014 Cost of Living, Lowest (U.S.) Harlingen, #1 Wichita Falls, #8 Temple, #9, 2014 Economic Climate Texas, #1, 2014 Energy Prod., Natural Gas Texas, #1, 2014 Energy Prod., Oil Texas, #1, 2014 Energy Prod., Wind Texas, #1, 2014 Engineering Schools (U.S.) UT-Austin, #10 TAMU, #11, 2015 Engineers, to be hired (U.S.) Houston, #2, 2013 top business destination: texas TEXAS BESTS

3. top business destination: texas Texas Rank Company Fortune Rank Revenues ($ Billions) City 1Exxon Mobil2$382.5Irving 2Phillips 667$149.4Houston 3AT&T12$132.4Dallas 4Valero Energy13$130.8San Antonio 5ConocoPhillips51$55.9Houston 6Energy Transfer Equity53$55.6Dallas 7Enterprise Products Partners59$47.9Houston 8Sysco61$46.5Houston 9Plains GP Holding67$43.4Houston 10American Airlines Group70$42.6Fort Worth TOP 10 FORTUNE 500 & 1000 TEXAS COMPANIES - 2015 NO INCOME TAXES FOR BUSINESS & INDIVIDUALS With no corporate income tax and no individual income tax, Texas has one of the lowest tax burdens in the country, ranking as a Top 10 Best State in the Tax Foundation's 2015 State Business Tax Index. Texas has no property tax at the state level. Texas levies a sales and use tax of 6.25% on all retail sales, leases, and rentals of most goods, as well as taxable services. In 2015, Texas passed legislation to reduce the business franchise tax by 25%.

4. economy & workforce 12 th LARGEST WORLD ECONOMY 12 th LARGEST WORLD ECONOMY If Texas were a nation, it would rank as the 12th largest economy in the world based on GDP, ahead of Australia, Mexico, Spain, South Korea and many others. 13 MILLION PRODUCTIVE WORKERS Texas has the second largest civilian workforce in America – Texas has the second largest civilian workforce in America – 13 million industrious people. 54 FORTUNE 500 Fifty-four of the nation’s leading companies base their headquarters in Texas. #1 JOB CREATOR Texas led the nation in job creation in 2014 with 457,900 new jobs added. #1 EXPORTER In 2015 Texas exported $251 billion in goods to destinations all over the world, leading the nation for the 14th year running. $67.5 BILLION TRAVEL SPENDING Texas has the third largest share of domestic travel revenue – $67.5 billion generating 568,000 jobs. 12 th LARGEST WORLD ECONOMY 12 th LARGEST WORLD ECONOMY If Texas were a nation, it would rank as the 12th largest economy in the world based on GDP, ahead of Australia, Mexico, Spain, South Korea and many others. 13 MILLION PRODUCTIVE WORKERS Texas has the second largest civilian workforce in America – Texas has the second largest civilian workforce in America – 13 million industrious people. 54 FORTUNE 500 Fifty-four of the nation’s leading companies base their headquarters in Texas. #1 JOB CREATOR Texas led the nation in job creation in 2014 with 457,900 new jobs added. #1 EXPORTER In 2015 Texas exported $251 billion in goods to destinations all over the world, leading the nation for the 14th year running. $67.5 BILLION TRAVEL SPENDING Texas has the third largest share of domestic travel revenue – $67.5 billion generating 568,000 jobs.

5. infrastructure LOCATION, LOCATION, LOCATION Texas’ central location within North America facilitates domestic and international transportation, as well as easy access to markets. ROADS & RAIL ROADS & RAIL Texas has more miles of public roads (over 313,220) and freight rail (10,425) than any other state. PORTS Texas has 11 deep-water ports, with channels at least 30 feet deep along the Gulf Coast. AIRPORTS Texas Airports average nearly 2,000 domestic flights and about 215 international flights per day. The state’s two largest airports, Dallas-Fort Worth International (DFW) and George Bush Intercontinental in Houston (IAH), are major domestic and international hubs. INTERMODAL FACILITIES Texas’ two intermodal facilities, Fort Worth’s Alliance Airport and San Antonio’s Port San Antonio, integrate high-capacity industrial airports, Class I rail terminals, and direct interstate highway access. Texas’ two intermodal facilities, Fort Worth’s Alliance Airport and San Antonio’s Port San Antonio, integrate high-capacity industrial airports, Class I rail terminals, and direct interstate highway access. LOCATION, LOCATION, LOCATION Texas’ central location within North America facilitates domestic and international transportation, as well as easy access to markets. ROADS & RAIL ROADS & RAIL Texas has more miles of public roads (over 313,220) and freight rail (10,425) than any other state. PORTS Texas has 11 deep-water ports, with channels at least 30 feet deep along the Gulf Coast. AIRPORTS Texas Airports average nearly 2,000 domestic flights and about 215 international flights per day. The state’s two largest airports, Dallas-Fort Worth International (DFW) and George Bush Intercontinental in Houston (IAH), are major domestic and international hubs. INTERMODAL FACILITIES Texas’ two intermodal facilities, Fort Worth’s Alliance Airport and San Antonio’s Port San Antonio, integrate high-capacity industrial airports, Class I rail terminals, and direct interstate highway access. Texas’ two intermodal facilities, Fort Worth’s Alliance Airport and San Antonio’s Port San Antonio, integrate high-capacity industrial airports, Class I rail terminals, and direct interstate highway access.

6. international trade & fdi In 2014, Texas was the top exporting state for the 13th consecutive year with exports valued at over $288 billion. Texas’ top exports are petroleum products, computer and electronic products, chemicals, non-electrical machinery, and transportation equipment. Texas’ top export markets include Mexico, Canada, Brazil, China, and South Korea. Texas is a top-ranked destination for foreign direct investment (FDI). Texas ranks second nationally for the number of jobs at U.S. subsidiaries of global companies and the number of manufacturing industry jobs at U.S. subsidiaries, according to the Organization for International Investment. Texas retains an investment-ready portfolio of cutting edge companies, across a number of industries.

7. international trade & fdi 2014 Top Export Countries Mexico$102.5 billion Canada$31.3 billion Brazil$11.8 billion China$10.9 billion South Korea$8.9 billion 2014 Top Exports Petroleum & Coal Products$58 billion Computer & Electronic Products (Ranked #1 in U.S.) $46.6 billion Chemicals$46.1 billion Machinery$29.9 billion Transportation Equipment$23.2 billion In 2014, Texas ranked as the #1 state for exports for the 13 th consecutive year, with a total of $288 billion worth of goods shipped internationally. 2014 Top Import Countries Mexico$90.1 billion China$45.4 billion Saudi Arabia$19.1 billion Canada$17.4 billion Venezuela$15.2 billion 2014 Top Imports Oil & Gas$76.7 billion Computer & Electronic Products$65.9 billion Transportation Equipment$29 billion Machinery$18.3 billion Petroleum & Coal Products$17.3 billion

8. economic development & tourism

9. incentives PROGRAMBENEFIT State Agency coordination (Office of the Governor EDT) EDT will serve as a coordination conduit to State agencies, partners and resources. Texas Enterprise Fund (Office of the Governor EDT) The Texas Enterprise Fund (TEF) is the largest “deal-closing” fund of its kind in the nation. The fund is a cash grant used as a financial incentive tool for projects that offer significant projected job creation and capital investment where a single Texas site is competing with another viable out-of- state option. Governor’s University Research Initiative This past legislative session, lawmakers allocated $40 million for the Governor’s University Research Initiative for the strategic purpose of enhancing research programs at Texas public universities and attracting nationally-recognized researches and Nobel Laureates. Enterprise Zone Project (Office of the Governor EDT) Potential Sales and Use tax refund based on new and existing jobs associated with the qualified business site during designation period. Projects are awarded through competitive rounds. Product Development & Small Business Program (Office of the Governor EDB) A secured low-interest loan may be offered contingent on board(s) approval and final due- diligence/assessment. The rate is variable. (1)Real property. The maximum term of a loan to finance real property may not exceed 20 years. (2)Tangible personal property. The maximum terms of a loan to finance tangible personal property may not exceed 15 years. (3)Other loans. The maximum term of a loan shall have a maturity satisfactory to the board and any third-party guarantor or insurer. Events Trust Fund Texas’ event trust fund programs help its communities offset the costs of hosting sporting and non- athletic events. STATE INCENTIVES

10. incentives PROGRAMBENEFIT Concierge Service (Texas Workforce Commission) Single point of contact for statewide Talent recruitment via Workforce Solutions coordination & resource utilization. Customized hiring events; pre-screening; assessments; on-boarding assistance. Skills Development Fund (Texas Workforce Commission) Customized workforce training that is provided through a public community or technical college in partnership with a business or business consortium. Workforce Talent Pipeline Development (Texas Workforce Commission) The Texas Workforce Commission has committed resources for to ensure that the future workforce is developed for STEM occupations. Skills for Veterans (Texas Workforce Commission) Workforce training provided by a public community or technical college for newly hired veterans. Self-Sufficiency (Texas Workforce Commission)) Based on employee eligibility and workforce needs $2000. per qualified trainee. Pre-hire training for entry level workers. WORKFORCE INCENTIVES

11. incentives LOCAL INCENTIVES PROGRAMBENEFIT Fast Track Development Based on anticipated requirements reduction in approval period by 33%. Economic Development Grant Based on new and existing jobs grant. Development Fees (City) Chapter 380 grant. County Abatement (County) Based on eligibility assumptions. Land Grant Land Grant based on new and existing jobs and investment expectations as outlined. Land Option Land discount based on 10 acre option and eligibility assumptions. GRAND TOTAL Based on eligibility assumptions.

12. Come to TEXAS OFFICE OF THE GOVERNOR Economic Development & Tourism Division Contacts: Michael Treyger Business Assistance Manager 512.936.0530 michael.treyger@gov.texas.gov Nicole (Sidoff) Ryf Strategic Business Development Manager 512.936.0275 nicole.sidoff@gov.texas.gov TEXAS OFFICE OF THE GOVERNOR Economic Development & Tourism Division Contacts: Michael Treyger Business Assistance Manager 512.936.0530 michael.treyger@gov.texas.gov Nicole (Sidoff) Ryf Strategic Business Development Manager 512.936.0275 nicole.sidoff@gov.texas.gov