Closing 2024 with Momentum, Looking Ahead to 2025
As 2024 comes to a close, I want to reflect on the achievements that have shaped this year and set the stage for what’s ahead.
This year, we’ve worked tirelessly to tell the story of Opportunity Austin and the Austin region as a whole. From launching our new brand and establishing the Opportunity Austin councils to fostering international relationships through trade shows, recruitment trips, and hosting global delegates, our efforts have been supported by a community deeply committed to driving regional success. Together, we celebrated innovation at the 13th A-LIST Awards and advocated for critical public safety initiatives, including the approval of the new police contract, reinforcing our goal of making Austin the best place to live and work.
Recent announcements showcase the region’s ongoing growth. BillionToOne’s expansion in North Austin will bring over 1,000 jobs to the life sciences sector, while Samsung’s second factory in Taylor represents a $40 billion investment, solidifying our position as a hub for high-tech manufacturing. Across the region, companies such as Acutronic, EnergyX, Wondercide, US Foods, Futronic, and X have announced relocations and expansions, further fueling our growth.
These achievements are a testament not only to the hard work of our team but also to the active support and engagement of our investors, partners, and the broader community.
Here’s to a strong close to 2024 and an exciting year ahead.
— Ed Latson, CEO, Opportunity Austin
FEATURED ARTICLES
EnergyX Holds Grand Opening of New 40,000-SF Lithium Innovation Headquarters in Austin:
EnergyX, a leader in sustainable lithium extraction and next-gen battery technology, officially opened its new 40,000 sq ft headquarters in Austin, Texas, on November 21st.
Austin Leads Michelin’s Texas Debut:
The MICHELIN Guide made its highly anticipated debut in Texas, and Austin emerged as a standout culinary destination, claiming 7 of the 15 Michelin Stars awarded statewide, along with 15 Bib Gourmand distinctions and 23 Recommended designations.
Governor Abbott Announces US Foods Expansion In Buda:
Governor Greg Abbott announced that US Foods, Inc. (“US Foods”) will expand their existing food distribution and warehousing facility in Buda, creating 165 new jobs and more than $120 million in capital investment.
JOIN OUR WORKFORCE DEVELOPMENT EFFORTS
From our blog
Austin Job Growth & Unemployment Update: November 2024:
Austin is the 14th best performing among the top 50 metros, adding 22,500 jobs, or 1.7% growth, in the year ending in October. The fastest job growth over the last 12 months occurred in Austin’s construction and natural resources (5.3%), education and health services (3.2%), and other services (3.2%) industries.
Austin Innovation in Action: 2024 A-LIST Awards
The 2024 A-LIST Awards celebrated Austin’s most innovative companies and entrepreneurs, highlighting the bold ideas and collaborative spirit that drive our region’s growth. Watch the highlights and see how we’re fostering creativity, investment, and strategic partnerships across the region
Austin in the News: Celebrating 2024 Rankings and Accolades
Explore the accolades that have solidified Austin as a leader in business, innovation, and quality of life. From being named the top startup hotspot and a global hub for innovation to earning recognition as one of the best cities for veterans and entrepreneurs, the 2024 rankings highlight the region’s unparalleled appeal.
LET’S STAY CONNECTED
For businesses: Opportunity Austin is able to provide confidential support for projects, including real estate research, and the facilitation of all aspects of the site selection process.
For start ups & funders: More and more creativity, innovation, & collaboration. The Austin Region is a magnet for innovation and entrepreneurship, attracting diverse industries and fostering growth of established companies and startups.
