Everything you wanted to know about the Urban Core, Uptown and Downtown Dallas, Texas & Dallas Ft. Worth Area Real Estate - Its growth, prosperity, setbacks and unprecedented revitalization is told here...Randall Turner of Harvard Companies, Inc 214-373-0007, 3500 Oak Lawn Avenue, Suite 325, Dallas, Texas 75219
Wednesday, April 22, 2015
Why 13,000 insurance industry jobs are headed to North Texas
Any way you slice it, 13,000 jobs is substantial. That’s how many combined insurance industry positions are being created in Plano and Richardson by Boston-based Liberty Mutual and Illinois-based State Farm. Both companies are in the process of moving major operations into North Texas.
In this week’s cover story, I focused on Liberty Mutual’s plan to bring 5,000 jobs to Plano, and on the company’s existing presence in the Lone Star state.
So, why are big companies like State Farm and Liberty Mutual choosing North Texas?
“For a large employer they want a big city,” Meiners said. “They could go to Amarillo — it would be cheaper — but it’s too small, and nobody wants to live there. You don’t have enough people to draw on. A company that’s going to be hiring a lot of people wants to be in a big labor pool.”