As we wrap up 2024, it’s clear this year has been one of remarkable growth and momentum for Temple. The Temple Economic Development Corporation (Temple EDC) has been steadfast in advancing our mission to retain, attract, and support the people and businesses shaping Temple’s dynamic future. Together with our partners, we are creating a foundation for sustainable success and ensuring Temple continues to stand out as Central Texas’ economic hub.
This year’s 2024 Annual Report provides a comprehensive look at the progress we’ve made. From business growth to workforce development, it highlights the milestones and achievements that continue to position Temple for success.
Driving Growth Through Investment and Job Creation
This year, we saw over $122 million invested in capital projects and the creation of 124 new local jobs—proof of the confidence businesses have in Temple. Companies like SEAH Superalloy Technologies, Fire Safety Supply, and Sojo Industries chose Temple to grow and innovate, reaffirming our city’s reputation as a prime location for manufacturing and logistics. These numbers tell a bigger story: one of enriched lives, expanded opportunities, and a brighter economic outlook for our community.
A Workforce and Infrastructure Poised for Excellence
Temple’s workforce, reflecting the diversity and strength of Texas itself, continues to be a cornerstone of our success. With a total workforce exceeding 53,000 and a 28% rise in average wages since 2019, we are proud to provide fertile ground for talent across industries—from medical professionals to transitioning veterans.
On the infrastructure side, 2024 brought new advancements to keep Temple’s transportation networks strong. Whether by rail, road, or air, Temple’s strategic connectivity ensures businesses here remain competitive and well-positioned for growth.
Advancing Our Strategic Objectives
This year, we made strides in workforce development, business retention, and attracting investment. A five percent increase in digital engagement underscores the growing recognition of Temple as a cost-effective, pro-business location where innovation thrives.
Looking Ahead
As we prepare for 2025, our vision of making Temple the best place to do business in Texas continues to guide us. With a projected population growth of seven percent through 2029, expanded infrastructure investments, and emerging opportunities in life sciences, manufacturing, and logistics, Temple is ready to reach new heights.
To our partners and stakeholders: thank you for being part of this incredible journey. Together, we are not just planning for Temple’s future—we’re shaping it. Let’s keep building on this momentum as we define what success looks like in Central Texas.
Sincerely,
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| Adrian Cannady
President and CEO |
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