Texas Association of Business News - November 26, 2024
Texas Association of Business
The Texas Association of Business serves as the Texas State Chamber.
Glenn Hamer, President & CEO
Fellow Texans –
As we prepare to join friends and family for the Thanksgiving holiday this week, we want to encourage you all to shop small and shop local this weekend in celebration of Small Business Saturday on November 30th! The vast majority of businesses in Texas are small businesses, employing nearly 5 million people across the Lone Star State!
Last week, we saw major developments impacting the Texas business community, including the announcement of the first Semiconductor Innovation Fund (TSIF) grant, made possible through the Texas CHIPS Act, underscoring Texas’ pivotal role in advancing semiconductor research and manufacturing to support our state and nation’s economic and national security. Read more about this important announcement in my blog post from last week.
Additionally, last week Governor Greg Abbott and the Public Utility Commission of Texas (PUCT) unveiled a strong plan to further strengthen Texas’ global energy leadership by unveiling the Texas Advance Nuclear Reactor Working Group’s final report on Texas’ plan to build a “world-leading advanced nuclear power industry” to enhance both reliability and security ?of our grid. We are especially proud to recognize Stephanie Matthews, former TAB Vice President, for her invaluable contributions as a member of the Working Group that produced this report. Read more about Texas’ growing leadership in advanced nuclear energy here.
Over the weekend, President-elect Donald Trump announced several prominent Texas leaders to the highest levels of government, demonstrating the importance of the Lone Star State in shaping the future of our nation during the forthcoming administration. TAB congratulates these exceptional Texas leaders who are set to take the reins at three incredibly consequential federal agencies:
·????? John Ratcliffe – CIA Director
·????? Scott Turner – Secretary of Housing and Urban Development (HUD)
·????? Brooke Rollins – Secretary of Agriculture
We look forward to working with them and all new cabinet members to ensure our state’s core principles are reflected in key decisions impacting the economy, national security, and our business environment. Read more about the significance of these appointments in today’s TAB blog.
At TAB, our Board and members have access to detailed information and intelligence on what’s going on at the State Capitol in Austin, Washington, D.C., and internationally, with the goal of ensuring our state’s business leaders have the tools and resources to succeed at the state, national, and global levels.
If you’re a business owner in Texas and not yet a TAB Member we would love for you to consider joining TAB.
To learn more about how to become a member, click here.
As always, we are providing the public with a sneak peek into our weekly Member Newsletter below.
We hope you enjoy this content and information about the latest developments in the business community. If you would like to contact me directly, please email me at [email protected]
-?Glenn Hamer, President & CEO, Texas Association of Business
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PRESIDENT'S REPORT
I recently had the opportunity to attend the 2nd Annual North American Manufacturing Conference, hosted by TAB member?CONCAMIN?in partnership with Canadian Manufacturers & Exporters (CME) and the National Association of Manufacturers (NAM). The conference emphasized the critical role of the USMCA agreement in fostering trade, supporting manufacturing growth, and enhancing North America’s economic competitiveness. With the agreement’s review set for 2026, the discussions reinforced the importance of preserving and strengthening this cornerstone of our regional economy. It was a pleasure speaking with CONCAMIN President?Alejandro Malagón,?Senator Waldo Fernández, President of the USMCA Oversight Committee in the Senate of the Republic of Mexico, and?Carlos Garza?and?José Manuel Bulas, with Cemex. Thank you to CONCAMIN for the invitation to such an impactful and timely event.
QUICK HITS
领英推荐
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Help Shape the Future of Water Infrastructure
Texas is a beacon for growth, but with that growth comes challenges. According to the 2022 State Water Plan and U.S. EPA data, the state needs at least $154 billion over the next 50 years in water supply projects and infrastructure upgrades to meet rising demands. Without action, Texas could face a loss of one million jobs and $192 billion in economic impact.
TAB is leading the effort to engage chambers across the state on this issue. If water funding is an issue important to your chamber, please consider filling out the below form to indicate support for this important initiative. We are looking forward to working together to advocate for sustainable water infrastructure solutions.
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Special Briefing on the Economic Impact of Carbon Capture?
TAB invites you to a special briefing on the economic impact of Texas’s growing carbon capture industry.
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Join us on?Tuesday, December 3, 2024?to explore how carbon capture is driving economic growth, creating jobs, and opening new opportunities for Texas businesses. This briefing will offer valuable insights into the industry’s role in Texas's economy and the benefits it brings to our state.
For more information, please reach out to:?[email protected]
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Registration is Open for the TAB Policy Conference 2025!
Join us on?January 16, 2025?at the AT&T Hotel and Conference Center, for an engaging day focused on Texas’s legislative priorities. Come along as we address the critical issues facing the business community and set the stage for collaboration and progress.
In addition to?registering as an attendee,?consider becoming a sponsor??or a panel host. Don’t miss the chance to be part of this influential event.?Register now?and consider joining us as a sponsor or panel host to make a lasting impact!
Reach out to?[email protected]?with any questions!
TAB has office space available!
Looking for a great location near the Capitol? We have?one private?office and?three cubicles?available now. Click the link below for details!
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Advisor to executives, startups, and sports coaches and athletes on the intersection of culture, leadership, and teamwork. Defense and Aerospace advisor. Highly sought after keynote speaker.
3 个月Thankful for your leadership Glenn!