Trade Mission 2024

The Dallas-Fort Worth region is home to an impressive group of foreign-based subsidiaries, hosting North American headquarters or major operations. International corporate investment in the region reflects the strength and diversity of the DFW economy and stellar access to U.S. and global markets by ground or air, especially through Dallas Fort Worth International Airport. In 2023, Financial Times ranked three DFW cities—Plano, Irving, and Dallas—among the top five best U.S. cities for foreign multinationals to do business.

1. Nokia is a Finland-based company which designs, develops, and builds communications networks.
2. Tetra Pak is a Swedish food processing and packaging solutions company focused on providing innovative and environmentally sound products.
3. Airbus Helicopters is a division of Netherlands-based Airbus, a global leader in aeronautics, space, and related services.
4. Infosys is an India-based global leader in next generation digital services and consulting.
5. EssilorLuxottica is a global leader in the design, manufacture, and distribution of ophthalmic lenses, frames, and sunglasses based in France.
6. Hilti is a Liechtenstein-based company that develops, manufactures, and markets products for the construction, building maintenance, and mining industries.
7. Elbit Systems is an Israeli high-tech company and a leading global source of innovative, technology-based systems for diverse defense and commercial applications.
8. GRUMA is the world’s largest manufacturer of corn and flour tortillas based in Mexico.
9. NEC Corporation is a Japanese multinational provider of IT services and products, enterprise solutions, servers, telecom products and services, and consumer electronics.
10. BT Americas is the North American subsidiary of UKbased BT Group, which provides information and
    communications services, as well as network equipment, network services, software, business solutions, and integrated data services to corporations around the world.
11. Santander is a Spanish multinational financial services company.
12. Toyota Motor Corporation is the leading global automobile manufacturer based in Japan.
13. Galderma USA, based in downtown Dallas, is a subsidiary of its Swiss-based parent, the world leader in providing science-based skin health solutions to health care professionals and their patients.
14. Ericsson is one of the leading providers of information and communication technology.

The Dallas-Fort Worth region is a magnet for corporate headquarters and major company operations, attracting 24 Fortune 500 company headquarters as of 2023 and 49 headquarters among the Fortune 1000.

A diverse group of household names such as Texas Instruments, AT&T, American Airlines, Kimberly-Clark, Toyota, and McKesson call the region home, reflecting the area’s strong fundamentals when it comes to workforce, access, and cost of doing business.

The region’s corporate powerhouse companies are distributed throughout Dallas-Fort Worth, an indication of the strength, depth, and breadth of the workforce. Widely distributed companies also hint at the ease of navigation between cities and corporate centers.

Scanning the roster of major employers located in DFW, it’s easy to see the diversity of the business community, from hightech, telecommunications, logistics, and finance industry leaders to consumer brands that impact the daily lives of households across the globe.

Dallas-Fort Worth’s diverse base of employers drives the region’s economic strength, so that growth is
possible even during downturns in the business cycle or other economic disruptions.

The Dallas-Fort Worth area is home to a diverse array of corporate headquarters—and for good reason.The region possesses tremendous assets and resources.

Recovery from the pandemic-induced economic disruption was uneven throughout the U.S. However,the Dallas-Fort Worth region not only weathered the downturn better than most other metro areas, but recovered more quickly to resume growth.

Difficult business climates in California, Illinois, and other heavily populated states stand in stark contrast to the operating environment in Texas and throughout DFW. Texas has won Site Selection Magazine’s Governor’s Cup 11 consecutive times, while Area Development Magazine continues placing the Lone Star State on top for driving economic growth and attracting new businesses.

Demographics in the Dallas-Fort Worth region continue to evolve. More than 19 percent of the population is foreign-born, with Hispanics accounting for the largest minority group in the region and state. Additionally, the region’s workforce is well-educated with a mix of recent graduates and workforce veterans. Two-thirds of workers 25 years of age and older have at least some college education, with nearly 40 percent holding a bachelor’s degree or other advanced degree.

AGE

0-19 years	27.6%
20-34 Years	21.7%
35-54 Years	27.5%
55-74 Years	18.8%
75+ Years	4.7%
Median Age	35.5

FOREIGN
BORN

[Foreign-Born Population 19.1%]

Europe	4.4%
Asia	31.3%
Africa	9.0%
Oceania	0.2%
Latin America	53.9%
North America	1.0%

RACE/
ETHNICITY

White	42.8%
Black or African American	15.8%
Asian	7.6%
Other	4.1%
Hispanic	29.6%

LABOR
FORCE

[Persons 16 and Older]

Business, Sci., Arts	43.6%
Service	13.8%
Sales/office	21.3%
Natural resources/ construction	8.5%
Production/ logistics	12.8%

EDUCATION

[Persons 25 and Older]

< 9th grade	6.2%
Some HS, No Diploma	15.8%
HS Diploma/GED	12.6%
Some College	19.3%
Associates’	7.5%
Bachelors’	25.0%
Graduate	14.4%

HOUSEHOLD
IMCOME

Avg. HH Size	2.7
$0-$34,999	18.9%
$35,000-$74,999	26.5%
$75,000-$149,999	30.9%
$150,000+	23.8%
Median HH Income	$82,823

When it comes to convenience and charm, the Dallas-Fort Worth area offers plenty of housing opportunities. Whether you are a temporary business traveler or a family of five, the region offers diverse housing options for individuals and families of all sizes.