Major End-of-Year Announcements
Baylor University Earns Prestigious Research 1 Status
Baylor University has been named a Research 1 university by the Carnegie Classification of Institutions of Higher Education, joining the nation’s top-tier research institutions as a doctoral university with very high research activity and elevating Baylor as a preeminent Christian research university. Read more here.
Baylor's $185 million Basketball Pavillion to Anchor $700 million Riverfront Development
The new $185 million home for Baylor’s championship men’s and women’s basketball teams will be located along the Brazos River on the west side of Interstate-35 adjacent to the University’s Clifton Robinson Tower, which will remain. The project is part of a projected $700 million in upcoming investments along the riverfront on University Parks Drive, from I-35 to Franklin Avenue. Read more here.
Capstone Mechanical Expands in Waco
Capstone Mechanical, founded in Waco in 2005, announced an expansion of its headquarters to accommodate its growing sheet metal fabrication operation. Capstone will invest $5.15 million into a 30,000 square-food addition and create 68 new jobs. Read more here.
Hello Bello Opens Waco Facility
Hello Bello celebrated the grand opening of its manufacturing facility in Waco, Texas. Joining the occasion were company co-founders Jay McGraw, Sean Kane, Jennifer Pullen, Dax Shephard, and Kristin Bell.

Hello Bello is a leading brand of baby and family care consumer products. The Waco plant is Hello Bello's first wholly-owned diaper distribution and manufacturing center.
Merrick Engineering Breaks Ground on New Headquarters
The Waco community celebrated the groundbreaking of Merrick Engineering, a family-owned manufacturer of closet hangers and storage solutions. The company will relocate its headquarters from Corona, CA to Waco, TX.

Once completed, this 400,000 square foot facility will total $33 million in capital investment.
Record Breaking Month for Waco's Economic Index!
The Waco economic index is the highest its ever been and has seen nine straight months of increase. The index grew to 142.2 in October 2021, up from 141.9 in September 2021 and 132.0 in October 2020. See below some of the driving inputs of growth for Greater Waco.
Making the Headlines
The Must-see Art Show of the Fall Is in... Waco?
(Texas Monthly) Kermit Oliver is perhaps the least well-known of the great living Texas artists, and that’s largely by his own design... Read More.

Thousands come to Waco to compete in Ironman Races
(KWTX) The banks of the Brazos River will be filled all weekend long with spectators watching some of the fittest athletes complete the Ironman Waco race. The city hosted Ironman 70.3 races in 2018 and 2019, but this year it’ll also add a full Ironman 140.6 race spanning Saturday and Sunday... Read More.

Texas Monthly's best new BBQ list includes 2 Waco joints
(Texas Monthly) There's a new generation of Texas pitmasters in town, many of whom aren't satisfied with doing things the same old way... Read More.

Baylor Holds off Oklahoma State for Big 12 Championship
Dezmon Jackson came up inches short on a desperate, fourth-down dive with 24 seconds and fifth-ranked Oklahoma State fell to ninth-ranked Baylor 21-16 in the Big 12 Championship game Saturday... Read More.

Hello Hello Bello
(Nonwovens Industry) This month's news that diaper upstart Hello Bello was opening a diaper manufacturing facility in Waco, TX was significant in its impact on the U.S. diaper market... Read More.
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Market Stats
Greater Waco's telescopic look into the economy.

(84 available reports)
Regional Labor Force
November 2021:
Waco MSA: 132,474
7-county region: 339,443
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