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Texas outshines all other states, by far, in luring California headquarters relocations

Nearly half of the companies who have moved from California so far this year have landed in Texas.
Credit: Photo illustration by Meredith Sheffer/Dallas Business Journal; Getty Images

DALLAS — It’s not even close.

Texas stands head and shoulders above all other states in the race to attract corporate headquarters exiting California, with Dallas-Fort Worth and Austin topping the list of destinations within the Lone Star State.

That’s according to a new recent analysis shared exclusively with the Dallas Business Journal.

California lost 53 headquarters to other states between Jan. 1 and June 27 of this year, and 23 of those companies went to Texas, according to business relocation expert Joe Vranich, president of McKinney-based site-selection consulting firm Spectrum Location Services, which tracks corporate headquarters moves.

That's 43.4 percent to Texas so far this year, and 56.6 percent shared between the other 48 states.

Taking a longer timeframe, since Jan. 1, 2018, 107 companies have moved their headquarters to Texas from the Golden State. The next winningest destination in that time period was Tennessee with 22 relocations from California, followed by Arizona with 17, Vranich and Spectrum’s numbers show.

To see which companies are moving to North Texas, click here

To see why companies are coming to North Texas, click here.

Editor's note: This story was updated with new relocation numbers from Spectrum Location Services. 

Editor's note: The below video is from 2019.