Waller County, TX is located about an hour’s drive west of downtown Houston. The Waller County Economic Development Partnership (WCEDP) understands global opportunities and their leadership has positioned the county to benefit from a wave of multinational companies interested in reshoring operations to the U.S.
For decades, factors such as cheap labor, inexpensive transportation and endless incentives convinced companies to move their production facilities out of the U.S. But, according to the Reshoring Institute, “a growing number of businesses have rethought their global manufacturing strategies,” which has led to an increasing number of companies bringing at least part of their production back to the U.S.
“We realize that relocating facilities can be a costly investment. As such we have been preparing to attract new opportunities through our incentive program, working with local schools to develop a workforce and access to workforce grants and improving our infrastructure,” said Vince Yokom, WCEDP’s Executive Director. “While incentives can play a strong role in relocations, the workforce and infrastructure assets are usually considered more important to sustain long-term operations.”
Expect Waller County to play a proactive role in the trend to reshore from international locations.