Hiles Discusses $48.4 Billion Invesetment In Texas Businesses

Hiles Discusses $48.4 Billion Invesetment In Texas Businesses
Hiles Discusses $48.4 Billion Invesetment In Texas Businesses

Marcus Hiles notes that the total amount of U.S. capital investment rose $16 billion from 2014, according to a report from multinational agency Ernst & Young. Texas recorded $48.3 billion in business financing, the most in the country. The Gulf Coast states, traditionally leaders in the energy industry, attracted the highest number of investors for the fifth year in a row. Forty percent of the money was lent to chemical manufacturing facilities, of which seventy percent of those were new, liquefied natural gas export compounds. The Lone Star State also performed well in the financial, technology, and professional service fields, displaying 38,400 mobile project jobs, the greatest number in the nation.

Read more: http://www.marketwatch.com/story/marcus-hiles—-responds-to-texas-role-as-number-one-in-the-country-for-capital-investments-2016-09-18-51603013

Marcus Hiles

Marcus Hiles Author

The Chairman and CEO of Western Rim Property Services and Newport Classic Homes, Marcus Hiles is a renowned Texas real estate investor and developer who has spent more than three decades creating properties that embody his vision of luxury living.