Greater Waco's Labor Force is Growing!
The seven-county region added
5,432
people to its labor force between May 2017 and May 2018.
McLennan County accounts for 70 percent of the region's labor force growth, adding
3,822
people.
McLennan County is
outpacing both Texas and the US
in growing its labor force.
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Another month of record growth in Greater Waco --
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Retail Sale Tax Collection
> Up 6.8 percent over May 2017
> Highest rate of Year-over-Year growth since Oct. 2016
Hotel Occupancy Tax Collections
> Up 26 percent over May 2017, 15 percent for YTD 2018
Single Family Housing & Sales
> SF Permits up 45 percent over May 2017, 14 percent YTD 2018
> 305 sales in May, up 14 percent over 2017
> 1,100 sales in 2018, up 10 percent over 2017
Auto Spending
> Up 1.8 percent over May 2017, eight percent for YTD 2018
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WacoProspector.com
is an invaluable resource for commercial real estate listings and sales, providing in-depth demographics and market analysis. Tool options include: property lines, traffic counts, incentive zone boundaries, population, income thematic maps and more.
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Market Stats
Greater Waco's telescopic look into the economy.
(84 available reports)
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Regional Labor Force:
2017: 322,930
2018: 328,362
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Swan Products
Industry:
Manufacturing
Market:
International
Of Note:
Swan Products, international manufacturer of lawn and garden watering products, has announced a 294,000 square foot expansion of its facility in Waco. The $14.3 million project includes $11.1 million in real property improvements and over $3 million in new production equipment. Approximately 60 new jobs will be created as a result of this expansion.
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Jessup Housing
Industry:
Manufacturing
Market:
National
Of Note:
Jessup Housing has selected Waco for a new manufacturing operation. Located on West Loop 340 in approximately 80,000 square feet, Jessup Housing plans to create 180 new positions over a two-year period. Positions will be skilled trades, including carpenters, plumbers and those with electrical certifications.
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LOOK Trailers
Industry:
Manufacturing
Market:
National
Of Note:
LOOK Trailers, manufacturer of LOOK, Pace American and Cargo Express enclosed cargo trailers, has selected an 80,000 square foot industrial facility in McGregor for its newest manufacturing plant. LOOK will hire approximately 75 manufacturing positions by year end 2019.
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Arconic Fastening Systems & Rings
Industry:
Manufacturing
Market:
International
Of Note:
Arconic Fastening Systems (formerly Alcoa) announced a $45 million investment into its operation on Imperial Drive in Waco. These improvements will be completed over a five-year period and include building overhaul and an expansion of production capacity.
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Brazos Iron Works
Industry:
Manufacturing
Market:
National
Of Note:
Brazos Iron Works has located in 60,000 square feet of an industrial facility on West Loop 340 near Interstate 35. The manufacturer of pressure vessels for the oil and gas industry anticipates creating 45 new jobs over a two-year period, primarily consisting of skilled trades including welding and machine operators.
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Waco Ranked #1 on Expedia's 2018 "America's Top Dinosaur Destinations" List
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Waco was recognized by Expedia as the #1 "Dinosaur Destinations" in the US thanks to the amazing Waco Mammoth National Monument!
See full list >
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Greater Downtown Waco is booming! With
more than $600 million
invested in recent years and
more than 2.5 million visitors annually
, Waco has become a destination city. Through implementation of a strategic vision, Waco is attracting great companies, talented people and continued interest to our distinct community.
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Milo All Day
1020 Franklin Ave.
Specialty:
Farm to table restaurant
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Brotherwell Brewing Co.
400 E. Bridge St.
Specialty
: Craft beer brewery
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Luna Juice Bar
1516 Austin Ave.
Specialty
: Smoothies, juices, soups and salads
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Happy Harvest
(coming soon)
112 N. 25th St.
Specialty:
Farm to table cuisine
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Abundance Bowls
(produced by Happy Harvest, inside new downtown Refit location)
1522 Washington Ave.
Specialty
: Healthy eating/vegetarian
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Nightlight Donuts
Downtown Farmer's Market (food truck coming soon)
Specialty
: Premium donuts & bagels
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Bicycle World
112 Mary Ave.
Specialty:
Multi-sports retail
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Hinge
1518 Austin Ave.
Specialty:
Home decor, clothing, accessories
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Paper Crown Scrapbook & Paper Artistry
601 Franklin Ave.
Specialty:
Crafts & instruction
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WacoWork
600 Columbus Ave.
Specialty:
Coworking space
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The Art Center Waco
(coming soon)
701 S. Eighth St.
Specialty:
Contemporary art center
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Titanic Exhibition at the Mayborn
1300 S. University Parks Dr.
June 2, 2018 through Jan. 6, 2019
Specialty:
Science & history museum
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Commerce Park
Hewitt, TX 76643
Mixed-Use Development
Specifications
- Direct access to North and South-bound Interstate 35
- 2,200' of Interstate 35 frontage (110,000+VPD)
- B-P (Business Park) zoning, fully-utility served
- Over 20 acres of restaurant, retail and hotel sites
- Office and industrial tracts from 1 to 5 acres
- Multi-family housing and hospitality sites available
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- More than two million people visited local attractions in 2017.
- Greater Waco has seen more than 74 months of economic growth since 2012.
- Waco is home to Dr Pepper.
- Home to the sweetest smelling industrial park in Texas, Mars Wrigley Confectionery (produces Skittles, Starburst and Snickers) and Coca-Cola North America (produces Minute Maid, Powerade and Vitamin Water.
- "Sironia, Texas," written by Waco novelist Madison Cooper, is the second longest novel in American history.
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Recent & Upcoming Events
June 12-15:
BREI Annual Conference | Bangor, ME
TEDC Mid-Year Conference, Galveston, TX
July 16-19:
Institute of Food Technology 2018 | Chicago, IL
July 29-31:
SEDC Annual Conference | Mobile, AL
Sept. 10-14:
Team Texas IMTS Conference | Chicago, IL
GWCC Inter-City Visit | Boise, ID
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Greater Waco Chamber Publications
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Let's Get Connected! Follow Greater Waco Chamber of Commerce on social media!
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