The Amarillo Financial Development Corporation (AEDC) is funded by a city sales tax
The metropolis of Amarillo, initially named Oneida, is situated in the Llano Estacado region. amarillo redhead escorts of the railroad and freight service offered by the Fort Value and Denver Town Railroad contributed to the city’s progress as a cattle-marketing and advertising heart in the late 19th century.
Amarillo was as soon as the self-proclaimed “Helium Money of the Entire world” for obtaining a single of the country’s most effective helium fields. The town is also acknowledged as “The Yellow Rose of Texas” (as the metropolis takes its title from the Spanish phrase for yellow),and most lately “Rotor Metropolis, United states of america” for its V-22 Osprey hybrid plane assembly plant. Amarillo operates one of the largest meat-packing areas in the United States. Pantex, the only nuclear weapons assembly and disassembly facility in the place, is also a key employer. The area of this facility also gave rise to the nickname “Bomb Metropolis”. The attractions Cadillac Ranch and Massive Texan Steak Ranch are found adjacent to Interstate 40. U.S. Freeway sixty six also passed by way of the metropolis.
The city’s largest employer in 2005 was Tyson Food items, with three,seven hundred employees. The Amarillo Impartial University District was up coming with three,659 personnel adopted by BWXT Pantex, Baptist St. Anthony’s Well being Treatment Program, Town of Amarillo, Northwest Texas Health care Method, Amarillo College, Wal-mart, and United Supermarkets. Other key employers incorporate Bell Helicopter Textron, Owens-Corning, Amarillo Countrywide Lender and ASARCO.
Roughly fourteen million acres (fifty seven,000 km2) of agricultural land surrounds the city with corn, wheat, and cotton as the major crops. Other crops in the spot contain sorghum, silage, hay, and soybeans. The Texas Panhandle, particularly in Hereford, Texas, serves as a quickly-developing milk making spot as many multimillion-dollar point out of the art dairies were created in early 2000s.
The Amarillo Financial Growth Corporation (AEDC) is funded by a metropolis sales tax, and it provides intense incentive offers to existing and possible employers. In amarillo classifieds -to-late nineteen nineties, the AEDC received notoriety by sending mock checks to businesses across the region, inserting total-web page ads in The Wall Avenue Journal, and paying out an annual $one million subsidy to American Airlines to keep jet services. The AEDC is mostly accountable for bringing Bell Helicopter Textron’s advancement of the V-22 Osprey hybrid plane and the future website of Maritime One assembly in Amarillo.