Tesla picks Austin for $1 billion auto factory

"In one of the largest economic development projects in Austin's history, electric automaker Tesla says it will build a $1.1 billion assembly plant in Travis County that will employ 5,000 people...Tesla officials previously have said they intend to break ground on the factory by the third quarter of this year, although CEO Elon Musk said Wednesday that initial work at the site actually began last weekend."

Construction to start on new financial hub for Mercedes-Benz

Dallas Business Journal | February 26, 2018 | Candace Carlisle - "The new 200,000-square-foot build-to-suit facility will help Mercedes-Benz keep its financial services center, as well as roughly 900 jobs, both direct and indirect employees, in Fort Worth's AllianceTexas master-planned, mixed-use development." The building of this new facility will provide jobs for both current and potential employees, bringing more people into the Fort Worth area.

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