Every Company Moving To Texas: 2020-2024
In this report, we highlight all of the companies moving to Texas from 2020 onward. This research by Buildremote compiles every public announcement by businesses stating that they've changed their headquarters to Texas. This report was published on September 18, 2023. It was updated on October 25, 2023, then on January 8, 2024, then on January 25, 2024, then on May 14, 2024, then on August 30, 2024.
Find out the date the company moved, which city they moved to in Texas, a quote about why the company moved, and the source. We’ll update the list whenever a company announces its plans to leave the state.
Table of Contents
- Notable companies moving to Texas
- Download a spreadsheet of all companies & data
- Statistics
- Why are they moving? (Quotes)
👉 Companies Moving To Texas: The Complete List 👈
Here are 15 notable companies that moved to California between 2020 and 2024. To download the full database of 170+ companies, click here.
Company | Moved From | Moved To | Story |
X (Twitter) | California | Austin, TX | "'This is the final straw,' Musk said in announcing that X would move its headquarters to Austin, Texas." |
TIAA | Colorado | Frisco, TX | August 9, 2024 |
Chevron | California | Houston, TX | "We’ve had our headquarters gradually growing in Texas and gradually pulling down in California. This is a continuation of a trend that has been underway for some time."
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SpaceX | California | Austin, TX | July 16, 2024 |
McAfee | California | Frisco, TX | January 20, 2023 |
Fisher Investments | Washington | Plano, TX | March 28, 2023 |
Frontier | Connecticut | Dallas, TX | August 25, 2023 |
Caterpillar | Illinois | Irving, TX | June 15, 2022 |
Boring Co. | California | Pflugerville, TX | April 18, 2022 |
Tesla | California | Austin, TX | “To be clear we will be continuing to expand our activities in California,” Musk said. “Our intention is to increase output from Fremont and Giga Nevada by 50%. If you go to our Fremont factory it’s jammed.” But, he added, “It’s tough for people to afford houses, and people have to come in from far away....There’s a limit to how big you can scale in the Bay Area.” |
AECOM | California | Dallas, TX | August 17, 2021 |
Charles Schwab | California | Westlake, TX | January 1, 2021 As part of the merger, the combined company’s headquarters would relocate from San Francisco to North Texas (Westlake)." |
Oracle | California | Austin, TX | “Oracle is implementing a more flexible employee work location policy and has changed its Corporate Headquarters from Redwood City, California to Austin, Texas. We believe these moves best position Oracle for growth and provide our personnel with more flexibility about where and how they work,” a spokesperson confirmed to CNBC." |
Hewlett Packard Enterprise (HPE) | California | Spring, TX | December 1, 2020 |
CBRE Group | California | Dallas, TX | October 29, 2020 |
See Also: Every Company Leaving California | Every Company Leaving San Francisco | Notable Companies Leaving Chicago
Statistics About Companies Moving To Texas
According to primary research conducted by Buildremote, here are the main takeaways of our study of companies moving to Texas:
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Which states are they leaving?
We found 171 companies moving to Texas. They’ve moved from 26 different states. Here are the states with the most departures:
- California: 92 companies (54% of the list)
- New York: 13 (8%)
- Illinois: 8 (5%)
- Florida: 6 (4%)
- Washington: 6 (4%)
- Massachusetts: 4(2%)
- Oregon: 4 (2%)
- *Multiple Locations: 4 (2%)
- 21 states: Fewer than 4 companies
*Four companies consolidated from multiple states into Texas as part of their move.
To which Texas cities are they moving?
We found 171 companies moving to Texas. They’ve moved to 35 different cities:
- Austin: 43 (25%)
- Dallas: 26 (15%)
- Houston: 16 (9%)
- Fort Worth: 11 (6%)
- Irving: 11 (6%)
- Plano: 9 (5%)
- Frisco: 8 (5%)
- McKinney: 6 (4%)
- San Antonio: 5 (3%)
- The Woodlands: 4 (2%)
- Round Rock: 3 (2%)
- 25 cities: Fewer than 3 companies
How many companies have moved to Texas?
We found 171 companies that have moved to Texas since 2020. Here are those figures by year:
- 2020: 39
- 2021: 73
- 2022: 35
- 2023: 16
- 2024: 8
Why are companies moving to Texas?
In our complete list of companies moving to Texas, we provide quotes from company leaders about why they’ve chosen to move. Here are some direct quotes pulled out to highlight the recurring themes:
- “Texas supports entrepreneurs and innovative businesses”
- “Favorable tax rate for businesses and residents and cost of living implications”
- “With a highly skilled workforce, ongoing trade programs, reasonable cost of living, and a lower overall tax burden”
- “We need our U.S. headquarters to be centrally located”
- “It’s tough for people to afford houses [in California]”
- San Antonio’s “very attractive environment for future growth”
- “Texas’ welcoming attitude towards small businesses”
- “To benefit from the state’s tremendous logistical advantages”
- Austin’s “educated, diverse, and growing population”
- Dallas “is one of the fastest-growing tech centers in the country”
Download The Complete Database
Want to slice and dice the data for yourself? We offer the full database in a spreadsheet for free.
Sources & Further Reading
Here’s where we found our research.
- News stories linked to from within the table
- Dallas Regional Chamber
- Office of the Governor, Texas Economic Development & Tourism
- The California Book of Exoduses compiled by California Policy Center
- Y Texas’s Relo Tracker
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