Fort Worth, Texas: A Thriving Hub for Business and Economic Growth
Fort Worth, Texas, known as the “City of Cowboys and Culture,” has evolved into a dynamic business hub, attracting companies across various industries. With a pro-business environment, strong infrastructure, and a skilled workforce, the city offers a strategic location for businesses looking to expand or relocate.
Economic Landscape
Fort Worth is part of the Dallas-Fort Worth (DFW) metroplex, one of the fastest-growing economies in the U.S. The city has a diverse economic base, with key industries including:
- Aerospace & Defense – Home to Lockheed Martin Aeronautics, Bell Textron, and the Naval Air Station Joint Reserve Base, Fort Worth is a leader in defense manufacturing.
- Energy – A hub for oil, gas, and renewable energy companies, Fort Worth has a long history in the energy sector, with major players like XTO Energy headquartered in the city.
- Logistics & Transportation – The city’s strategic location near DFW International Airport and major highways makes it a prime center for distribution and logistics. Companies such as Amazon, BNSF Railway, and UPS have significant operations in the area.
- Finance & Banking – Fort Worth hosts regional offices for major financial institutions like Wells Fargo, Bank of America, and JPMorgan Chase.
- Healthcare & Biotechnology – The healthcare industry is growing rapidly, with major medical institutions such as Texas Health Resources and Cook Children’s Health Care System expanding their services.
Business Environment & Incentives
Fort Worth has a business-friendly regulatory climate, offering incentives such as:
- Tax Abatements & Grants – The city provides property tax abatements, sales tax refunds, and workforce training incentives.
- Opportunity Zones – Certain areas offer tax benefits for long-term investments to encourage economic growth.
- Small Business Support – The Fort Worth Chamber of Commerce and local business incubators assist startups with funding, networking, and mentoring programs.
Real Estate & Infrastructure
The city boasts affordable commercial real estate compared to other major Texas cities like Dallas and Austin. Fort Worth Alliance Airport, the world’s first 100% industrial airport, is a critical asset for freight and supply chain operations.
Workforce & Education
Fort Worth is home to Texas Christian University (TCU), Texas Wesleyan University, and Tarrant County College, ensuring a steady pipeline of skilled workers. Workforce development programs, including those by Workforce Solutions for Tarrant County, help businesses find and train employees.
Tourism & Hospitality
With attractions like the Fort Worth Stockyards, Sundance Square, and the Kimbell Art Museum, the city has a thriving hospitality sector, supporting numerous hotels, restaurants, and event venues.
Why Choose Fort Worth for Business?
- Proximity to Dallas and DFW Airport
- Lower business costs compared to major metro areas
- Strong support for startups and small businesses
- Diverse industry base reducing economic risk
- Highly skilled and growing workforce