What happened: John Paul Mitchell Systems (JPMS) is relocating its corporate headquarters from California to Wilmer, Texas, and establishing a new global product distribution center. The project will create 80 new jobs and more than $12 million in capital investment.
Why it matters: JPMS’ move adds another major headquarters to Texas, reinforcing the state’s reputation as the “headquarters of headquarters” and bringing new jobs and economic development to southern Dallas County.
In his own words: “With our skilled and growing workforce, leading position in U.S. and global markets, and the strongest pro-growth economic policies in America, we will continue to attract more headquarters and create more jobs across our great state.” — Gov. Greg Abbott
TLR Thoughts: Texas’s business-friendly environment continues to attract major employers from across the country. While some states burden businesses with lawsuit abuse and regulatory red tape, Texas offers a more predictable legal and economic environment, making the Lone Star State the preeminent destination for companies to grow, invest and innovate.
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