Development Corporation of Abilene CEO Misty Mayo | © DEVELOP ABILENE
Development Corporation of Abilene CEO Misty Mayo | © DEVELOP ABILENE

Abilene, Texas, is a key economic development player in a state that continues to attract businesses from around the globe. A critical driver of the city’s economic success and material growth is the Development Corporation of Abilene led by CEO Misty Mayo, who recently negotiated the largest economic development transaction in the DCOA’s history.

 Abilene is uniquely positioned with attractive tax incentives, strong infrastructure, a talented local workforce, a business-friendly environment and proximity to the state’s three largest business and international hubs. The city is only a short plane ride away from Dallas/Ft. Worth, Houston and San Antonio.

One of the DCOA’s many success stories this year is Project Future Hope, an agreement with Abilene Christian University’s (ACU) NEXT Lab. ACU is leading a consortium of acclaimed research-focused universities as they work to design, license and commission a molten salt research reactor on its campus.

 Abilene has diverse business partners across the world, including those in Latin America, Mexico, Taiwan, Saudi Arabia, Canada and Australia. The DCOA continues to promote itself to international markets as an ideal location for business and revenue growth. Japan is chief among the DCOA’s priorities for global markets.

“Japan is a valuable prospective market for us because our region already serves as an international hub. It’s our mission to recruit and retain high-performing companies, and our goal is to be a long-term partner in the success of these companies,” Mayo said.