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SEGUIN, TEXAS – The Seguin Economic Development Corporation (SEDC) and the City of Seguin announced today that United Alloy, Inc will build its new 200,000 square foot state-of-the-art manufacturing facility in Seguin, Texas. United Alloy will build on a 27-acre site situated between 8 th Street and Guadalupe Street, just south of Interstate 10. The project will represent a total capital investment of at least $35 million and will result in the creation of at least 100 new jobs over a three year ramp up period. Read more.
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Texans know there are countless reasons why the state is a great place to live.  A recent study   also showed Texas is the top state in the nation in which to launch a startup company. Comparisun, a comprehensive online platform for reviewing business systems, looked at variables and ranked all 50 states according to best places for entrepreneurs to start a business. Read more.
As some major Texas metro areas grapple with tightening inventories of real estate, San Antonio economic development leaders want to deliver a different narrative to companies thinking of moving or expanding: We’ve got the land. If that message sticks, it could give stakeholders here and in nearby cities a boost in pursuing a regional recruiting strategy. Read more.
Incorporating October job growth of 2.5 percent and a slight increase in the October leading index, the Texas Employment Forecast suggests jobs will grow 2.1 percent this year (December/December), with an 80 percent confidence band of 1.8 to 2.4 percent. Based on the forecast, 267,200 jobs will be added in the state this year, and employment in December 2019 will be 12.9 million. Read more.
The Texas economy continues to grow at a moderate pace. Job growth ticked up in October, and the September growth rate was revised up. The unemployment rate remained at a record low, indicating continued tightness in the labor market. Read more.
San Antonio’s housing market continued its hot streak in October, indicating a humming economy and a swelling population but posing a threat to aspiring homeowners, especially those hunting for starter houses. Read More.
Pam and Scott Hankins started Barking Lot Treats after searching the pet food industry for safe food options for their Frenchie babies Alvin and Coco. Finding that most mass produced pet food and treats contained chemicals, fillers and preservatives, Pam and Scott decided to make a difference and started Barking Lot Treats out of a mobile truck. Barking Lot's treats contain only natural ingredients that are easily digestible and are free from preservatives. With the guidance of Business Advisor, Larry New, with the UTSA Small Business Development Center, Barking Lot Treats was able to move their operations from a mobile truck into a brick and mortar location earlier this year. Together, they worked on demographics and financial projections and cash flow projections. The UTSA SBDC operates a Seguin location out of the SEDC office every Tuesday from 9 AM-4 PM.
OUR STAFF
Josh Schneuker
Executive Director
jschneuker@seguintexas.gov
Direct 830-401-2415
Ashlynn Read
Business Retention Specialist
atovar@seguintexas.gov
Direct 830-401-5005
Lindsay Dennis
Assistant Director
ldennis@seguintexas.gov
Direct 830-386-2545
Brittney Watson
Administrative & Marketing Assistant
bwatson@seguintexas.gov
Direct 830-401-2346