Temple’s location, within 180 miles of a population of 19 million, makes it a central location within the southwest U.S. marketplace. The economic stability is based on the diversity of its economic base with no single industry dominating the market. Five targets have been identified based on the highest probability of sustained success for building a stronger economy.
Temple is a prime location for distribution and logistics companies, with its access to IH-35, 2-hour drive of 35 million people living in the Texas Triangle, and close proximity to major consumer markets. Temple is targeting companies that provide warehousing and light assembly for other companies located in Texas, such as transportation equipment and electronics. Perishable items such as food and other products that need close proximity to their customers, such as healthcare supplies, are also good targets for Temple.
Proximity to Fort Hood makes Temple a prime location for security and intelligence companies. Fort Hood is home to a number of intelligence, surveillance, reconnaissance (ISR), electronic warfare (EW), counter improvised explosive device (CIED), and biometric (BM) industries. The workforce to support this sector can be found in the region. McLane Advance Technologies’ success in Temple gives an example of Temple’s strength in this sector.