Waco's Economy is Rapidly Recovering
The Waco economy is seeing signs of a healthy and rapid recovery according to the Greater Waco Economic Index, which is only slightly down 0.7 points in August 2020 at 131.3, compared to 132.0 in August 2019.
Waco Leads Texas Cities in Job Creation in the Manufacturing Sector
The manufacturing sector growth for the Greater Waco community has not slowed down. From June to July 2020, Waco added 900 jobs in the manufacturing sector, the largest growth in the state. There is more in the pipeline for manufacturing, see our announcements below!
The ZINKPOWER project is underway in Waco
Steel is coming out of the ground and the community is looking forward to the addition of ZINKPOWER's galvanizing operation. Once complete, this project will be a $32 million investment creating 100 new jobs for the region. The 161,000 square foot building will house the only galvanizing operation between DFW and San Antonio, and ZINKPOWER's largest galvanizing dip bed.
Greater Waco Targets Talent with New Video
Waco is a place where people make the difference. We're proud to be part of this amazing community of innovators, builders and doers. The Greater Waco Chamber is committed to growing and expanding the economy of the next great city in Texas.

A big thank you to Neon Cloud Productions for help with this project. Stay on the look out for more economic development videos to come.
Industry: Manufacturing
Market: National
Of Note: The largest Caterpillar equipment dealer in the United States has acquired the former Caterpillar Work Tools building, a 200,000 +/- square foot industrial campus in the Texas Central Park. The company will invest over $32 million and create 128 new jobs, with services including heavy equipment maintenance, engine rebuilds, equipment assembly and other products and services that will compliment other Holt operations in the State.  
Industry: Aerospace
Market: National
Of Note: SpaceX is enhancing its presence in the Greater Waco area, announcing a $10 million expansion of water and electric infrastructure improvements to its existing facility in McGregor. More about it here.
Industry: Manufacturing
Market: National
Of Note: A high-end custom commercial trailer manufacturer, based in Alberta, Canada, has chosen Waco for its first US manufacturing operation. The company will invest $11.27 million into its new 58,000 square foot facility in the Gateway Business Park, with plans to expand to 70,000 square feet. The company will add 70 new highly skilled jobs in the market.
Industry: Distribution
Market: National
Of Note: Tractor Supply Co. will invest $9 million and retain 400 employees as part of capital improvements to its Waco distribution facility. Included in the investment is a new trucking entrance made available in partnership through a grant with the Waco-McLennan County Economic Development Corporation.
Industry: Manufacturing
Market: National
Of Note: Texas Meter & Device has announced plans for the construction of its new corporate headquarters in Waco. This project will involve a $3.5 million capital investment with the construction of a 50,000-70,000 square foot headquarters and assembly center. TMD will retain 60 jobs at its new facility.
Industry: Distribution
Market: National
Of Note: Ryonet Corporation, a leading screen printing supply distributor, will consolidate its US distribution centers in Kansas and Georgia to a single location in Waco, TX. The company's 35,000 square foot facility will employ 10 employees initially with plans for additional growth.
Industry: Manufacturing
Market: National
Of Note: Laminate Technologies, a custom laminate panel and fabrication manufacturer, will relocate its production facility within Texas to Waco. The company will invest $4 million into a 50,000 square foot facility and plans to create 40 jobs by 2021.
Reopen Waco
The Greater Waco Chamber provides continuous COVID-19 communications with its members, the business community, and the broader community. Through the pandemic, the Chamber has swiftly responded to the needs of the business community through the Waco Supporting Waco initiative. From a COVID-19 Resource Page to Jobs Spotlight Series to Buy Local Initiatives, the Greater Waco Chamber has sought the interest of employers, job seekers and the health of the Waco economy during this difficult time.

As the economy continues the process of recovery, the Greater Waco Chamber remains committed to informing and supporting our members and the broader business community. We have collected resources from local, state and federal partners to assist businesses and customers during this transition. View the resources.
Czech developer plans skyline-shaping project next to Magnolia Silos
Developers are eyeing up a project that could come to reshape Waco’s skyline and represent a $100 million investment just across the street from Magnolia Market at the Silos... Read More

Stakes high for McGregor, McLennan County as SpaceX prepares first crewed flight
And the road to that achievement runs through the quaint prairie town of McGregor, population 5,200... Read More

Waco's Guess Family Barbecue featured on Cooking Channel's 'Man, Fire, Food'
A Waco restaurant is getting attention from the Cooking Channel with an appearance on one of its shows... Read More

Waco Prospector
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.
Market Stats
Greater Waco's telescopic look into the economy.

(84 available reports)
Regional Labor Force
August 2020:
Waco MSA: 131,414
7-county region: 336,800
Greater Waco Chamber Publications
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