Fort Worth Mayor Betsy Price and Dallas Mayor Mike Rawlings will lead a trade mission June 17-22 to London, Paris and Brussels to promote economic development, business opportunities and tourism throughout the DFW region.
The mission’s delegates will meet with government officials, business executives and local leaders to showcase the benefits of operating in DFW and the growing economic and commercial ties among the United Kingdom, Europe and the North Texas cities.
North Texas is an international business and tourism hub, and a top U.S. metropolitan area for business expansions, relocations and growth. The U.K. and France combined are the largest foreign investors in Texas, with $6.7 billion in capital expenditures from 2011-2016, according to the latest figures from the governor’s office.
“These trips are vital when it comes to building our business markets and fostering professional relationships,” Price said. “With a positive, pro-business climate, talented workforce, strong economy and a great location, the DFW region is a great place to do business or visit.”
About 200 British-owned companies operate U.S. or North American headquarters and other facilities in the Dallas and Fort Worth region, including Barclays, BT Global Services and Smith & Nephew. About 120 French companies operate in North Texas, as well. Those include Airbus Helicopters, Nestlé Waters and Schneider Electric.
In the last 18 months, seven U.K.-based firms and three French-based companies have established new U.S. or North American headquarters, manufacturing, office or other facilities in the DFW region. Those companies include BAE Systems, Smith & Nephew and Zinwave from the U.K., and Airbus Helicopters, L’Oreal and Louis Vuitton from France.