AUSTIN – The “gushing” leader of Pegasus Foods stood beside Gov. Greg Abbott on Monday and announced his company would build an 80,000-square-foot manufacturing facility and create about 300 jobs in Rockwall.
“I can’t tell you how excited I am to finally be here in Texas,” said Jim Zaferis, principal of the Los Angeles-based company that supplies food for restaurants such as Chili’s, Panda Express and Cinnabon.
Zaferis said he was inviting many of his California-based employees to relocate with the company, saying the quality of life here is much better. “It’s the kind of place where you really want to raise a family,” he said.
For a company like Pegasus, though, the main attraction is Texas’ business-friendly climate, Abbott said. Texas has low taxes, is a right-to-work state and protects companies from large settlements from litigation, he said. “It all makes Texas a natural magnet for businesses to come here and grow here,” Abbott said.
The governor said attracting companies like Pegasus helps expand diversity in the Texas economy so that it is insulated from the oscillations of the oil and gas industry, which have long driven the state’s prosperity and its financial woes.
In addition to the Pegasus expansion, Abbott notes that McKesson Corp., a pharmacy and healthcare technology company announced last week that it would expand in Irving. Publishing giant Conde Nast also recently said it will open a digital innovations center in Austin. And Oracle, a software company, also announced an expansion in Austin. “This is a furthering of an intended purposeful process,” Abbott said.
http://trailblazersblog.dallasnews.com/2016/03/california-food-company-expanding-in-rockwall.html/
Another company moving out of California, thanks Democrats....
“I can’t tell you how excited I am to finally be here in Texas,” said Jim Zaferis, principal of the Los Angeles-based company that supplies food for restaurants such as Chili’s, Panda Express and Cinnabon.
Zaferis said he was inviting many of his California-based employees to relocate with the company, saying the quality of life here is much better. “It’s the kind of place where you really want to raise a family,” he said.
For a company like Pegasus, though, the main attraction is Texas’ business-friendly climate, Abbott said. Texas has low taxes, is a right-to-work state and protects companies from large settlements from litigation, he said. “It all makes Texas a natural magnet for businesses to come here and grow here,” Abbott said.
The governor said attracting companies like Pegasus helps expand diversity in the Texas economy so that it is insulated from the oscillations of the oil and gas industry, which have long driven the state’s prosperity and its financial woes.
In addition to the Pegasus expansion, Abbott notes that McKesson Corp., a pharmacy and healthcare technology company announced last week that it would expand in Irving. Publishing giant Conde Nast also recently said it will open a digital innovations center in Austin. And Oracle, a software company, also announced an expansion in Austin. “This is a furthering of an intended purposeful process,” Abbott said.
http://trailblazersblog.dallasnews.com/2016/03/california-food-company-expanding-in-rockwall.html/
Another company moving out of California, thanks Democrats....
