Momentum in 2025
Vision, momentum, and meaningful investment continue to drive the Development Corporation of Abilene as we strengthen Abilene’s economy and position our community for long-term success. This year, our work sent a clear and compelling message to companies across the country: Abilene, Texas is the premier location to invest and expand.
In Fiscal Year 2025, the DCOA advanced high-impact projects, deployed strategic investments, and expanded partnerships that drive long-term growth.
Both global companies and legacy employers choose to partner with the DCOA and expand in Abilene because our community offers the stability, talent, and support companies need to scale and thrive.
Guided by our Mission and Strategic Plan for Economic Development, we continue investing in the industries that shape Abilene’s future, supporting companies committed to long-term success, driving opportunities that strengthen our tax base, and securing
sustainable growth for generations to come. These accomplishments are made possible through the leadership of our Board of Directors and the dedication of our talented, professional team at the DCOA.
Thank you for being part of this extraordinary momentum.
Building the future Abilene together,
Misty Mayo, MEDP President and CEO Development Corporation of Abilene
VISION
The Vision of the Development Corporation of Abilene is to build the future Abilene.
MISSION
The Mission of the Development Corporation of Abilene is to lead economic growth in Abilene by attracting and sustaining industries that support job creation, foster strong business, and ensure a prosperous community.
Return on Investment
As companies invest in their operations in Abilene, they invest in Abilene’s future. Capital investment reflects the dollars companies spend to expand their operations in Abilene, such as building new facilities, purchasing equipment, and upgrading infrastructure. Each investment strengthens Abilene’s economy by creating the foundation for future business activity and continued economic strength.
Capital Investment Timeline
Private Capital Committed by Companies to Expand in Abilene
Accelerating Growth. Compounding Impact.
“The economy of Abilene would look very different without the efforts of the DCOA, with fewer jobs and the potential for dwindling opportunities…”
Ray Perryman, The Perryman Group
The Impact of the Development Corporation of Abilene on Growth in the Area Economy
The DCOA | FY 2020FY 2025 $1.5 Million
$47.57 Billion
Total Capital Investment 2,128
Jobs Created 4,245
Jobs Retained
With the DCOA committing over $1.5 million in matching grants since 2020, Dyess Air Force Base has been able to leverage over $5.3 million in federal grants for improvements to the base.
The DCOA | FY 1990FY 2025
$48.18 Billion
Total Capital Investment 9,520
Jobs Created 11,719
Jobs Retained
Understanding Economic Impact
Economic impact is how business growth benefits the entire community. When a company expands or relocates to Abilene, the investment creates direct impact through jobs and wages paid to employees.
Those paychecks are then spent locally at retailers, restaurants, and service providers, creating indirect impact as other businesses grow, hire more workers, and increase local spending.
This ripple effect helps expand the tax base and supports stronger schools, infrastructure, and public services. Economic impact is how one investment creates both immediate and long-term opportunities that improve quality of life and future prosperity for everyone in Abilene.
Direct & Indirect Economic Impact
$29.57
DCOA Expansion Projects (FY 2020 - FY 2025) are estimated to create $29.57 billion of economic impact over the next 10 years.
Broadwind Clean Fuels
Chike Nutrition
Rentech Boiler Systems
AbiMar Foods & Corporate Delegation
Companies Investing in Abilene
In Fiscal Year 2025, the DCOA advanced high-impact projects, deployed capital with purpose, and strengthened partnerships that generate measurable results. Every dollar a company invests in Abilene strengthens our community, creating jobs, raising wages, and building a future we all share. The DCOA is committed to partnering with companies to build the future Abilene.
$43.7 Billion
Fiscal Year 2025 Total Capital Investment
463
Jobs Created
295
Jobs Retained
Companies New to Abilene | Business Attraction
Wesco, a Fortune 500 global supply chain leader, is leasing 240,000 square feet from the DCOA in Five Points Business Park. Wesco’s expansion into Abilene will create 107 new jobs.
Constructed on the Lancium Clean Campus, this transformative data center campus will revolutionize technology and artificial intelligence innovation on a global scale in Abilene.
Local, Existing Companies in Abilene | Business Retention & Expansion
Since 1975, AirTite Windows has been an Abilene manufacturer specializing in custom windows and doors. This project will create 8 new positions and retain 22 manufacturing jobs, ensuring continuity and stability for Airtite’s skilled workforce.
Through a $15 million investment, R+L Carriers is expanding its existing footprint in Abilene. This expansion will build a state-of-the-art 58,000 square foot trucking terminal on nearly 21 acres of land in the DCOA’s Access Business Park, reinforcing Abilene’s role as a critical link in the national supply chain.
Bavarian Polymers is nearly doubling its production capacity with a 30,000 square foot expansion. Since the DCOA recruited Bavarian in 2020, the company has thrived. This new project will retain 19 existing roles and create 33 new jobs.
By upgrading its existing facility with a $450,000 capital investment, the company is expanding its ability to distribute critical medications. This project retains 34 existing jobs and adds a total of 10 new positions.
For over 50 years, Bridgestone Bandag has committed to investing in Abilene. Through this new expansion project, Bridgestone Bandag will invest over $87 million and create new job opportunities.
“Since relocating to Abilene in 2020, we have experienced firsthand how strong partnerships with the Development Corporation of Abilene and the local community help businesses grow. We are grateful for the support and excited to continue investing in Abilene’s manufacturing future.”
Robert Weishaupl CEO, Bavarian Polymers DCOA Company Partner -
4
Years
Abilene MSA at a Glance
The Abilene Metropolitan Statistical Area (MSA) includes Taylor, Jones, and Callahan counties and represents the broader regional economy tied to Abilene as its hub.
The data below provides a snapshot of the population, workforce, and quality-of-life indicators that shape the Abilene market.
130,093
City of Abilene Population
$55,211
City of Abilene Average Annual Wage
15.2 Minutes
City of Abilene Commute Time
32.8
City of Abilene Median Age
$53,891
Abilene MSA Average Annual Wage
$240,500
Abilene MSA Average Home Price
34.5
Abilene MSA Median Age
319,875
Retail Trade Area Population
Retail Trade Area is the area of people who rely on Abilene for their everyday, quality-of-life essentials.
184,278
Abilene MSA Population
“The growth we are seeing across Taylor County in jobs, in wages, and in the businesses choosing to put down roots in Taylor County is the result of years of intentional partnership between our county, our city, and the DCOA.”
The Honorable Phil Crowley Judge of Taylor County
Developing Economic Momentum
Abilene’s Gross Domestic Product (GDP) has more than doubled over the past two decades, accelerating significantly since 2019. GDP measures the total economic output of a region—the combined value of all goods produced and services provided. It’s the most widely used indicator of overall economic health and growth.
$9 Billion
$8 Billion
$7 Billion
$5 Billion $6 Billion
“The City of Abilene and the Development Corporation of Abilene share more than a partnership — we share a common purpose. Together, we are aligning economic development priorities across the community and creating real opportunities for the people who call Abilene home.
Shared vision. Shared action. Shared success for Abilene.”
The Honorable Weldon Hurt Mayor of Abilene, Texas
When Companies Choose Abilene, People Choose Abilene
When companies expand and invest in Abilene, they create new job opportunities. As employers grow and diversify, they attract talent from across the state and beyond, driving population growth that now slightly outpaces both Texas and the United States.
Company investments support continued population growth over the next decade.
POPULATION PROJECTION — ABILENE MSA 2024 - 2036
DCOA Low Projection
DCOA Mid Projection
DCOA High Projection
Texas Demographic Center Projection
184,278184,278184,278183,867
The Texas Demographic Center forecast serves as a baseline for long-term planning. Local projections incorporate major projects currently underway in and around the Abilene MSA, including data center growth and the anticipated expansion at Dyess Air Force Base.
Abilene MSA Population is growing slightly faster than the State of Texas and United States. SPEED OF GROWTH 2014 - 2019 COMPARED TO 2019 - 2024
$55,211
“ Twenty-five years ago, we made the decision to move Nation Wide Products to Abilene, and we would make the same decision today. The business environment here has allowed us to grow steadily while staying true to who we are as a family-owned company. Abilene is where we have built our future.”
Jason Darby Co-Owner and President, Nation
Fuel Community Revenue
53 Company Expansions + 19 Real Estate & Infrastructure Projects = 72 Total Projects Since FY 2020
By supporting company expansion projects, the DCOA helps create job opportunities and encourage population growth. This growth plays a role in driving everyday spending at local retailers, restaurants, and service providers. This strengthens tax revenues that help fund public services, infrastructure, and community amenities across Abilene. +94%
City of Abilene Property Tax Revenues
FY 2015 - FY 2025
DCOA Projects Fuel City of Abilene
Sales Tax Revenues
FY
- FY
Sales Tax Revenue
City of Abilene sales tax revenues have grown an average of 9.2% per year from FY 2020 - 2025, compared to 2.7% from FY 2015 - FY 2020.
Sales Tax Revenue Average Growth
“For over 30 years, Tigé Boats has called Abilene home, and with the support of the DCOA, we have evolved from a small, growing manufacturer into a globally recognized, award-winning brand. Abilene remains at the foundation, providing the workforce, partnerships, and support that allow us to build the best boats on the water.”
Daniel Gutierrez President, Tigé Boats DCOA Company Partner - 31 Years
Stargate 1 Abilene, TX - Project Site
A More Balanced, Production-Driven Economy
As companies expand and locate in Abilene, the local economy has shifted from being primarily consumer-driven to more production-focused. Since 2014, gross sales have nearly doubled. In 2024, 98% of total gross sales came from a diverse mix of industries including manufacturing, construction, wholesale trade, and professional services. This shift reflects a more balanced and resilient economic base.
Overall Gross Sales for City of Abilene Nearly Doubled from 2014 - 2024
With annual growth rising from 4.6% to 8.9%
City of Abilene Gross Sales Across All Industries
of $13.33 Billion Total Gross Sales from 2024 are generated from Abilene’s Top 10 Industries 98% Healthcare / Social Assistance, Retail, Manufacturing, Wholesale Trade, Construction, Real Estate, Accommodation / Food Services, Professional Services, Other Services, Information
“Our partnership with the DCOA has been central to building the workforce pipeline that keeps us competitive on a global scale. We are proud to invest in the Abilene community that continues to invest in us.”
Mark Colman President, Rentech Boiler Systems DCOA Company Partner - 27 Years
While Abilene’s economy is diversified, manufacturing has emerged as the fastest-growing industry among Abilene’s top industries. Gross sales have nearly doubled since 2019, making manufacturing a primary driver of industry growth. This expansion reflects a deliberate focus on production-driven industries and DCOA’s recruitment and retention efforts in manufacturing and related operations.
Manufacturing Gross Sales Nearly Doubled Since 2019
$550
Compound Annual Growth Rate (CAGR) measures the mean annual growth rate of an investment over a specified period longer than one year, assuming the investment compounded over that time.
+85%
Manufacturing Gross Sales Growth Since 2019
$1.1 Billion
Manufacturing Gross Sales in 2024
“The DCOA’s partnership and the strength of the local workforce have made Abilene a valuable part of our delivery network in Texas. Communities like Abilene are the backbone of what we do, and we’re committed to investing in the people and places that make it possible.”
Jessica Breaux Corporate Manager of Economic Development, Amazon DCOA
Company
Partner
- 4 Years
Economic Development Strategic Plan
The objectives and strategies of the Multi-Year Strategic Plan guide the DCOA’s success in creating the future Abilene through economic development. The DCOA’s award-winning economic development initiatives are highlighted in the following pages of this annual report. D
Business Attraction
Promote Abilene as the premier location for business. Strengthen Abilene’s competitive advantage by activating strategies that attract consistent and sustainable investment for the community.
Influence business growth in the community. Create a culture that engages existing targeted-industry businesses as the catalyst for sustaining and growing our economic base.
Implement innovative workforce initiatives to support Primary Employers - Type A Companies. Initiate new innovative approaches to broaden workforce capacity creating a sustainable pipeline of available workforce and support systems for existing and future Type A Companies.
Market the community aggressively and proactively. Develop a robust marketing strategy for DevelopAbilene encompassing systems and strategic research to support all initiatives of the DCOA under a highly recognizable brand.
Prioritize real estate assets that spur Abilene’s future growth. Lead industry development initiatives and strategic projects that most effectively impact long-term economic development success.
Ensure DCOA’s effectiveness to continue long-term success and impact for Abilene in economic development. Establish sustainable mission-critical operations that maximize the DCOA’s effectiveness in implementing strategies aligned with the Mission.
“During my time as Chair, I witnessed the power of thoughtful planning and clear objectives in driving meaningful results for our community. The DCOA’s commitment to excellence continues to set Abilene apart as a leader in economic development. Their deep focus ensures that every initiative is aligned with Abilene’s long-term vision for economic growth.”
Shea Hall FY 2025 Board of Directors, Chair Development Corporation of Abilene
Business Attraction
Abilene’s Target Industries
As part of its long-term growth strategy, DCOA partnered with Site Selection Group to conduct a Target Industry Assessment identifying the industries where Abilene holds a sustainable competitive advantage based on workforce, infrastructure, and market alignment.
These focus industries guide DCOA’s local business retention and expansion efforts, while also shaping targeted recruitment — ensuring resources are aligned with scalable job growth, capital investment, and long-term economic resilience.
Strategic Targets. Proven Results.
AEROSPACE & AVIATION
An established aviation hub with room to scale
Abilene’s aerospace and aviation competitiveness is driven by an existing operational footprint at Abilene Regional Airport and a proven track record in aviation services. Eagle Aviation Services, Inc. (EASI), the Maintenance, Repair, and Overhaul base for American Airlines, anchors this industry cluster, leasing four hangars, a parts and records facility, and additional managed space through the DCOA.
This established infrastructure positions Abilene to attract continued aviation investment and support industry expansion. In 2025, Abilene’s growth also helped secure expanded commercial air service with new routes to Houston, Denver, and Phoenix, reinforcing the region’s connectivity and long-term momentum in aerospace.
MILITARY & GOVERNMENT CONTRACTING
A mission-ready foundation for continued growth
Abilene’s largest single employer for more than 80 years, Dyess Air Force Base is home to the 7th Bomb Wing, one of only two B-1B Lancer bomber wings in the U.S. Air Force, and the 317th Airlift Wing, operating the C-130J Super Hercules. In 2023, the Texas Comptroller estimated Dyess contributed $3.6 billion to the Texas economy.
In the past ten years, the DCOA has committed more than $6 million in support of the Military Affairs Council and matching project grants to Dyess Air Force Base. Programs like the DCOA’s Active Duty to Active Career connect exiting service members with local employers. With more than $90 million in recent federal investment for base improvements, Dyess Air Force Base continues to strengthen Abilene’s workforce and economic foundation.
FOOD & BEVERAGE MANUFACTURING
A legacy industry base attracting new investment
Abilene’s food and beverage manufacturing sector continues to expand because the community supports a strong mix of local innovation and global production. From homegrown companies like Chike Nutrition to major employers such as Great Lakes Cheese, the world’s largest cheese packager, Abilene has demonstrated the workforce capacity and infrastructure needed for long-term growth.
Internationally-owned manufacturers like AbiMar Foods further highlight the region’s ability to attract private investment from around the world. With this established industry presence and room for continued development, Abilene remains highly competitive for both new projects and the expansion of existing food and beverage operations.
Promoting Abilene. Developing Opportunity.
Through business attraction initiatives and strategic marketing missions, the DCOA actively engages with corporate site selection consultants, developers, real estate executives, and business decision-makers across the globe.
Through targeted outreach and strategic marketing, the DCOA is securing new investment, creating opportunity for jobs, and fueling economic growth that benefits the entire community.
“The DCOA has built something special as an organization where excellence is the expectation and results speak for themselves. The level of dedication and strategic thinking this team brings to every initiative is why Abilene continues to stand out on a national stage.”
Tracy Howle
FY 2026 Incoming DCOA Board Chair Development Corporation of Abilene
Lorie Logan, President & CEO Federal Reserve Bank of Dallas
41
The DCOA promotes Abilene as the premier destination for business expansion at strategically identified marketing missions that maximize the DCOA’s business development strategy.
Marketing Missions Completed Sample:
• SelectUSA Foreign Direct Investment Summit
• Maintenance Repair & Overhaul Americas
• Aerospace & Aviation Tradeshow
• Site Selection Consultant Summit
• Industrial Asset Management Council
• Logistics Development Forum
260+
site selection consultants connected with through marketing missions
810+
corporate leaders & companies engaged with through marketing missions
245+ developers & capital partners reached through marketing missions
Korean International Trade Association
Developing the Future of Artificial Intelligence
OpenAI, Oracle, Crusoe & Lancium
In 2021, the Development Corporation of Abilene began advancing an opportunity that would position Abilene at the forefront of next-generation data center infrastructure. As the project took shape, DCOA worked in close coordination with the City of Abilene and Taylor County to align strategy and structure a historic incentive framework supporting the investment.
From that unified commitment emerged Stargate 1—an advanced artificial intelligence data center campus that places Abilene at the center of one of the nation’s most significant technological expansions. Spanning more than 1,000 acres and planned for over 4 million square feet, the campus reflects a strategic collaboration among Lancium, Crusoe, OpenAI, and Oracle.
As the project expanded in scale and complexity, so did DCOA’s leadership—aligning stakeholders, structuring agreements, refining incentive strategy, and facilitating the addition of new development partners. The result is a nationally recognized AI infrastructure hub anchored in Abilene, Texas.
A STRATEGIC PARTNERSHIP YEARS IN THE MAKING
FY 2021 - FY 2022
The DCOA advanced the attraction of Lancium through coordinated collaboration with the City of Abilene and Taylor County, marking the first major tax abatement partnership among the entities in more than a decade.
FY 2022 - FY 2024
Ongoing coordination, site preparation, and infrastructure planning supported the continued development of the Lancium Clean Campus and laid the groundwork for future expansion.
FY 2024
Crusoe joined the project, expanding the scale and scope of the planned development. DCOA worked alongside the City of Abilene and Taylor County to amend agreements reflecting increased capital investment, expanded square footage, and additional job creation.
FY 2025
Stargate 1 was formally announced in Abilene in partnership with OpenAI and Oracle, elevating the project to international prominence and reinforcing Abilene’s leadership in artificial intelligence data center infrastructure and strengthening secure, U.S.-based compute capacity critical to America’s economic and national security.
Information reflects project status as of October 2025
“The DCOA’s leadership and persistence over the last seven years have fundamentally changed the trajectory of this community. The partnerships and investments we are seeing today are the direct result of a team that refused to think small. It has been a privilege to watch that vision become reality.”
John Beckham 2014 - 2019 Board of Directors | 2018 Chair Development Corporation of Abilene
$47 Billion
400+
4 Million
- DCOAFY 2026 Deal of the Year Economic Impact Award
Business Facilities - Crusoe2025 North American Data Center of the Year DCD Global
- DCOAFY 2023 Deal of the Year Economic Impact Award Business Facilities
DCOA President and CEO Misty Mayo with OpenAI
CEO Sam Altman, U.S. Representative Jodey Arrington, and U.S. Senator Ted Cruz at the OpenAI & Oracle Press Tour
Fortune 500 Company Expands to Abilene
240,000 Square Foot Operation
107 Jobs Created
$628 Million
Direct and Indirect Estimated 10-Year Economic Impact
Wesco, a Fortune 500 leader in supply chain solutions, is establishing a 240,000 square foot operation in the DCOA’s Five Points Business Park. The facility will include final assembly, distribution, light manufacturing, and testing of electrical components for hyperscale data center customers.
Abilene’s central location directly on Interstate 20 was a pivotal logistical element in Wesco’s decision to expand in Abilene. This expansion adds critical capacity to their global network and strengthens support for large-scale data center projects across West Texas.
Wesco Corporate Executives
“We are grateful to the DCOA for their partnership and support as we expand our footprint to provide mission-critical on-site services to our data center customers in Abilene and the West Texas region.”
Hemant Porwal Executive Vice President, Wesco
Business Retention & Expansion
Partnerships Built for Impact
At the DCOA, each company expansion marks the beginning of an ongoing partnership.
Economic development is rooted in long-term partnership. From the initial prospect conversations to future expansion opportunities, the DCOA stays closely connected with our company partners by supporting growth, fostering collaboration, and providing resources that help businesses thrive.
Company partners are companies that make a strategic investment to expand in Abilene in collaboration with the DCOA. From site selection and incentives, to alignment, growth, and long-term success, these partners are vital to the DCOA’s long-term economic development initiatives and Abilene’s future.
“Great Lakes Cheese selected Abilene because we found the right combination of workforce, infrastructure, and a genuine commitment to partnership. The Development Corporation of Abilene made the process seamless from day one and that same level of support has continued as we’ve grown our operations here.”
Bob Sarver
President and CEO, Great Lakes Cheese DCOA Company Partner - 4 Years
Development Corporation of Abilene President & CEO Misty Mayo, alongside Great Lakes Cheese corporate leadership, presented the Great Lakes Cheese project to Governor Greg Abbott’s Economic Development & Tourism Office.
Project Bay - Fueling Logistics Growth in Abilene
$15 Million
58,000 Square Foot New Facility
38
Jobs Created & Retained
$173 Million
Direct and Indirect
Estimated 10-Year Economic Impact
R+L Carriers is a national family-owned logistics company with operations in Abilene for more than 20 years. R+L Carriers will spend $15 million to build a new 58,000 square foot trucking terminal on nearly 21 acres of land in the DCOA’s Access Business Park to deepen its roots in the region and expand its national footprint.
This expansion project will support the Abilene region’s growing logistics cluster, spurred in part by synergies with other expanding companies in Abilene that rely on timely and efficient distribution. These companies reinforce Abilene’s role as a critical link in the national supply chain.
Bavarian Polymers
Project Hamilton - Strengthening Manufacturing in Abilene
$5.9 Million
30,000 Square Foot Expansion to Existing Facility
52
Jobs Created & Retained
$252 Million
Direct and Indirect
Estimated 10-Year Economic Impact
Bavarian Polymers is investing $5.9 million to expand its facility in the DCOA’s Five Points Business Park by 30,000 square feet, nearly doubling its footprint just four years after opening. Rising demand for high-quality extrusions and strong local partnerships are driving the growth.
Proximity to key collaborators like ABI Windows, also located in the DCOA’s Five Points Business Park, positions Bavarian Polymers for continued investment.
R + L Corporate Office
Bavarian Polymers
Project Shift - Building on Production Capabilities
Since 1975, AirTite Windows has built its reputation on precision craftsmanship and continuous innovation. The company is expanding product offerings and modernizing operations to meet growing demand, reinforcing its position as a leader in high-quality window and door manufacturing.
This investment reaffirms the company’s confidence in the community’s workforce and its commitment to future-focused manufacturing.
$450,000
Big Country Dermatology Pharmacy is expanding its distribution capabilities to meet growing demand across the region. This project enhances the company’s Abilene footprint, increasing warehouse and processing capacity to service the central United States.
This expansion strengthens Abilene’s role as a regional logistics and healthcare hub, improving delivery speed and patient access to medications.
Big
Bridgestone Bandag
Project Roadrunner - Deepening a 50+ Year Legacy of Innovation
$87.8 Million Capital Investment
55,000 Square Foot Expansion to Existing Facility
230
Jobs Created & Retained
$1.8 Billion
Direct and Indirect Estimated 10-Year Economic Impact
For more than 50 years, Bridgestone Bandag has been a cornerstone of Abilene’s manufacturing landscape. As a global leader in retread technology and advanced rubber solutions, the company has continually invested in innovation, quality, and the local workforce.
The project represents the next chapter in this decades-long partnership. This is a major commitment that expands the company’s capabilities, ensures long-term operational strength, and reaffirms Abilene as a strategic hub for advanced manufacturing.
“Abilene has the skilled workforce and the business environment to support world-class manufacturing. Our investment here is a testament to that, and to the strength of our partnership with the DCOA.”
Scot Music Plant Manager, Bandag Americas
Active Contracts, Active Partners
Each active contract represents a company committed to growing in Abilene. The companies create new opportunities, invest private capital, and strengthen the community. These 29 active agreements span manufacturing, technology, food production, healthcare, education, and beyond.
Great Lakes Cheese Acufloor
“In my experience working with many state and regional economic development organizations, the DCOA and the Texas Governor’s Office represent a gold standard.”
Matt Wilkinson
Vice
President
of Technology and Business Development, Great Lakes Cheese DCOA Company Partner - 4 Years
Arrow Ford
Broadwind Clean Fuels
Bavarian Polymers Corporate Headquarters
#DevelopedInAbileneTX
#DevelopedInAbileneTX is the DCOA’s internationally award-winning campaign celebrating the companies that choose Abilene, Texas to grow, invest, and build the products that reach markets around the world.
Clavél Corporation
Clavél Corporation is an Abilene-grown company founded in 1994. What began as a local operation has developed into an FDA-approved cosmetic manufacturing business with products sold in national drugstores and major retail platforms across the country.
In 2013, Clavél partnered with the DCOA to support its continued growth and rising demand. Clavél’s story highlights how the DCOA supports companies of all sizes, including established, homegrown companies as they scale. The DCOA is committed to helping local primary employers remain competitive, expand their reach, and continue building their success from Abilene, Texas.
“The Development Corporation of Abilene has been part of our journey since 2013. The DCOA understands that economic development is about so much more than attracting new companies. It’s about helping the companies already in Abilene reach their full potential.”
Dee Halbert Chief Executive Officer, Clavél DCOA Company Partner
- 12 Years
Abilene-Grown Since 1994
“Funeral Directors Life has been proud to call Abilene home, and our continued growth here is a reflection of the business environment the DCOA has helped build. The entire DCOA team understands what it takes to support companies at every stage, and that kind of partnership makes a real difference in how we operate and how we invest in our workforce.”
Kris Seale President and CEO, Funeral Directors Life Insurance Company
DCOA Company Partner - 6 Years
Show your support. Slip on your DevelopAbilene socks, and share the momentum of what it means to be #DevelopedInAbileneTX. Step up.
Share Abilene’s Success.
Join the DCOA in celebrating the success of companies in Abilene, Texas.
Abilene is building momentum, and the companies leading the way deserve recognition.
Powering Growth Through Partnerships
Business growth in Abilene is strengthened through intentional engagement and long-term collaboration. The growth and expansion of local, existing Abilene employers is essential to the Abilene community, and the DCOA is committed to building the future Abilene through long-term company partnerships.
Where Relationships Become Results
From construction sites to corporate offices, the Development Corporation of Abilene meets partners where they are, learning their challenges, celebrating their wins, and identifying opportunities to support continued growth.
Supporting the Growth of Local, Existing Companies
The DCOA engages with companies to gather insights, strengthen relationships, and identify potential opportunities for expansion and growth. These conversations lead to practical solutions, informed decision-making, and targeted support to help companies scale, adapt, and remain competitive.
Great Lakes Cheese
“The DCOA takes the time to understand what local businesses actually need — whether that is workforce support, navigating an expansion, or simply knowing someone is in your corner when challenges come up. The DCOA is invested in the success of the companies already here, and that matters.”
Alan Hartmann
President and CEO, Hartmann’s, Inc.
DCOA Company Partner - 5 Years
“The DCOA invested in Natura Resources’ work with the ACU NEXT Lab before most people understood what we were building. That kind of early confidence changes everything, strengthening both the project and the partnership. When a community supports you in that way, you move beyond striving for successyou commit to delivering.”
Doug Robison
Founder and CEO, Natura Resources (NEXT LAB at Abilene Christian University)
DCOA Company Partner - 6 Years
AbiMar Foods
Hendrick Health
Texas State Technical College
Workforce Development
Developing Abilene’s Next Generation Workforce
In collaboration with Abilene ISD, Wylie ISD, and the Big Country Society for Human Resources, the NextU Program is designed to support Abilene’s primary employers by preparing students with real-world skills before they graduate high school.
By funding industry-recognized certifications, NextU bridges the gap between education and career opportunities, ensuring students are prepared to meet the evolving workforce needs of Abilene’s employers.
This initiative empowers students with valuable credentials that align directly with industry demands, creating a stronger workforce ready to drive the future of Abilene’s economy.
“The DCOA’s NextU Program gives our students something invaluable — industry-recognized credentials and real-world skills before they even receive their diploma.”
Dr. John Kuhn
Superintendent, Abilene Independent School District
“NextU connects our students directly to the industries growing in Abilene, and that connection starts right here in our schools.”
Joey Light Superintendent, Wylie Independent School District
NextU Graduating Seniors 53
From Abilene ISD and Wylie ISD
- Largest NextU Class in Program History -
Marketing & Brand Management
The DCOA hosted corporate site selection consultants in Abilene, Texas to showcase Abilene as a premier destination for expanding businesses.
A Reputation for Excellence
DCOA Receives 29 Awards Since 2020
Since 2020, the DCOA has earned 29 awards across state, national, and international platforms, affirming its role as one of the most respected economic development organizations in the country.
These honors reflect more than recognition, they represent a disciplined focus on outcomes, collaboration, and long-term economic growth for Abilene.
2025 Awards
Best in Show Award
WelcometoAbileneTX.com
Southern Economic Development Council
Economic Excellence Recognition
Texas Economic Development Council
Bronze Award
Fiscal Year 2024 Annual Report
International Economic Development Council
Hall of Fame
The High Ground of Texas
Economic Excellence Recognition
Texas Economic Development Council
Community Economic Development Award for Community Commitment & Leverage
Texas Economic Development Council — Hartmann’s, Inc. Expansion
Contributing Project for Texas’ Gold Shovel Award
Area Development — Great Lakes Cheese Expansion
Community Economic Development Award for Innovativeness
Texas Economic Development Council — Great Lakes Cheese Expansion
#8 in the Nation for Top Metros Ranked by Total Projects
Site Selection Magazine - Metros with population less than 200,000
Economic Excellence Recognition
Texas Economic Development Council
Misty Mayo named Top 50 Economic Developer in North America Consultant Connect
Deal of the Year Impact Award
Business Facilities - Lancium Expansion
Community Impact Award
Trade & Industry Development — Great Lakes Cheese Expansion
Economic Excellence Recognition
Texas Economic Development Council
International Economic Development Organization of the Year
International Economic Development Council
Silver Medal for DevelopAbilene Social Media
International Economic Development Council
Silver Medal for the Ability in Abilene Video Campaign
International Economic Development Council
Bronze Medal for DevelopAbilene.com
International Economic Development Council
Corporate Investment Award
Trade & Industry Development — Lancium Expansion
Bronze Medal for Fiscal Year 2022 Annual Report
International Economic Development Council
Economic Excellence Recognition
Texas Economic Development Council
Gold Medal for Fiscal Year 2023 Annual Report
International Economic Development Council
Best in Show Nominee - 1 of 14 in the World International Economic Development Council
Silver Medal for Print Promotion
International Economic Development Council
Economic Development Organization of the Year Business Facilities
Workforce Excellence Award Texas Economic Development Council
Small Business Campaign of the Year United Way of Abilene
Economic Excellence Recognition
Texas Economic Development Council
WelcometoAbileneTX.com
Special Use Website
A strategic digital marketing initiative designed to connect site selection consultants with Abilene’s strengths, momentum, and opportunity.
@DevelopAbilene
Social Media Platforms
Sharing Abilene’s economic development initiatives across LinkedIn, Facebook, and Instagram. From project announcements and partner spotlights to community success and industry insights.
DevelopAbilene.com
Primary Platform
The primary digital hub for business attraction and economic development resources. Showcases Abilene’s competitive advantages, available sites, and success stories.
Award-winning creative excellence. Impact-driven results.
The Development Corporation of Abilene is committed to working with trusted collaborators who share our standard of excellence. The 2024 Annual Report, developed alongside Sibco Creative, a local marketing and advertising firm, was recognized with a Davey Award, an international competition honoring outstanding creative work.
This recognition reflects what is possible when local talent and shared vision come together to elevate how Abilene is presented to the world.
Strategic engagement drives results. DCOA’s active leadership within key industry networks strengthens Abilene’s position as a premier destination for business expansion.
From our mesquite roots to our modern opportunities, our curated follow-up packages keep Abilene top of mind.
DCOA expanded Abilene’s global footprint through featured coverage in the Korean International Trade Association’s Trade Newsline, connecting the community to international growth opportunities.
Real Estate
Strategic Real Estate. Sustainable Growth.
Available land and buildings are a competitive advantage for Abilene in attracting company expansions. The DCOA owns and manages more than 1,000 acres of land and over 700,000 square feet of facilities across its industrial parks and strategic properties throughout the community, ensuring companies can expand with speed and certainty. These assets reduce risk, accelerate timelines, and give companies the confidence to grow.
Multi-Year Capital Improvement Plan
Strategic investment in infrastructure remains a priority for sustained economic development growth. The DCOA continues to develop and execute a long-term planning initiative to ensure Abilene’s real estate assets remain competitive and capable of meeting future industry needs.
Rail-served land is a critical asset for Abilene’s business community. The DCOA vetted and engaged Freese & Nichols to develop a Rail Expansion Master Plan.
Through disciplined land acquisition and infrastructure development, the DCOA continues to position Abilene for sustainable growth and next-generation industry operations.
The DCOA contracted with the premier Foreign Trade Zone (FTZ) consulting firm, Ernst & Young, to assist the DCOA in the process to establish a Foreign Trade Zone in the Abilene Region.
Infrastructure that Supports Growth
DCOA committed $10 million over five years to the City of Abilene for targeted street improvements that enhance access to development sites and key business areas. The investment reinforces long-term growth for companies here today and enhances Abilene’s readiness for future opportunities.
Effective Operations
DCOA Powers the Economic Development Ecosystem
The DCOA operates as a 501(c)(3) nonprofit organization leading the economic development strategies and priorities for the Abilene community. Through coordinated investment and action, DCOA strategically deploys resources to strengthen the ecosystem that drives long-term growth.
In FY 2025, the DCOA invested more than $1.1 million through contractual agreements with organizations supporting workforce development, business growth, and expanded economic capacity. By aligning these investments with DCOA-led priorities, the organization reinforces Abilene’s ability to sustain growth and generate lasting economic impact.
$1.1 Million
Committed in FY 2025 to Community Stakeholder Organizations
Extending Abilene’s Influence. Leading Beyond Our Community.
The DCOA’s team of economic development professionals represents the community in regional, state, and national economic development leadership roles — strengthening partnerships and advancing best practices that benefit Abilene.
Texas Economic Development Council
Vice Chair, Misty Mayo
2027 Chair, Misty Mayo
Mentorship Program
Future Leaders Training Program
Community Economic Development Award Judging Committee
Governor Greg Abbott’s Texas Incentive Oversight Board
Appointee, Misty Mayo
The High Ground of Texas Board Member
Team Texas Advisory Board Member
Workforce Excellence Award Judging Committee
Education Committee
Economic Development Sales Tax Committee
Membership Committee
Certified Texas Economic Developer Committee
Forward Planning Committee
Communications Committee
Nominating Committee
Legislative Committee
Political Action Committee
Workforce Development Committee
Texas Economic Development Corporation Member
Texas Midwest Communities Network Board Member
Texas State Technical College Foundation Board Member, Julie Johncox
GLOBAL, NATIONAL & INTERNATIONAL AFFILIATIONS
Business Retention Expansion International
Certified BRE Professionals
Resource Committee
Industrial Asset Management Council
Membership Engagement Committee
Active Members
International Economic Development Council
Texas Economic Development Connection
Texas Food Processors
Transatlantic Business and Investment Council
International Dairy Foods
Site Selectors Guild
Guild Partner
Southern Economic Development Council
State Representative / Board Member
GIS Webtech
Customer Advisory Board Member
Financials Fiscal Year 2025
The DCOA exists to strengthen the return on local investment in Abilene’s economy. The organization’s financial strategy is centered on maximizing economic impact—leveraging every dollar to support business growth that expands opportunity, diversifies the economy, and reinforces the community’s long-term revenue base. With disciplined management and clear strategic direction, the DCOA converts local investment into measurable, lasting economic impact.
FY 2025 Total Revenue
$26,105,942
+$7.38 Million (39%) ABOVE Projection
Sales Tax Revenue - 75.4%
$19,687,035 | FY 25 Budget $15,075,408
Lease Revenue - 15.4%
$4,023,030 | FY 25 Budget $3,525,243
Investment & Interest Income - 3.1%
$801,579 | FY 25 Budget $129,380
Other Revenue - 6.1%
$1,594,298 | FY 25 Budget $0
Marketing & Operations - 32.1%
$2,083,196 | FY 25 Budget $2,577,391
Employee Salaries & Benefits - 27.2%
$1,768,713 | FY 25 Budget $1,789,674
Community Stakeholders - 17.2%
$1,117,837 | FY 25 Budget $1,271,959
Property Maintenance & Repairs - 11.4%
$742,974 | FY 25 Budget $1,020,000
$561,778 | FY 25 Budget $781,784
FY 2025 Total Expenses $6,499,362
$1.42 Million (18%) UNDER Budget
Workforce Development - 2.4%
$159,232 | FY 25 Budget $400,000 Asset Management - 8.6% Property Taxes, Insurance, and Utilities
Development - 1.0%
$65,631 | FY 25 Budget $75,000 Education and Training
FY 2025
Economic Development Agreements
Economic Development Agreements reflect the DCOA’s strategy to multiply community investment for long-term economic impact in Abilene. Every agreement is structured around performance, accountability, and measurable outcomes. Incentive payments are milestone-based and distributed only after company partners deliver on predefined commitments. The list below highlights incentives made to company partners during Fiscal Year 2025.
BUSINESS RETENTION & EXPANSION
Bavarian Polymers | 2025
AbiMar Foods | 2024
AirTite Windows | 2024
Arrow Ford | 2024
Hardin-Simmons University | 2023
Hendrick Health | 2023
Petrosmith | 2023
Broadwind | 2022
BWJ Metalworks | 2022
$28,736
Dyess Air Force Base Matching Grant | 2022
Primal Pet Group | 2022
Hendrick Health | 2021
Primal Pet Group | 2021
United Ag & Turf | 2021
Belt Buckle Distillery | 2020
Funeral Directors Life Insurance Company | 2019
Texas State Technical College | 2017 $207,508 $280,010 $308,000 $542,026 $100,000 $25,000 $258,750 $400,000
REAL ESTATE & INFRASTRUCTURE
DCOA-Funded Street Improvements authorized to the City of Abilene | FY 2024-2028
Five Points Business Park - Acquisition of Land | 2025
Five Points Business Park - Installation of Sewer & Gas Lines on Polaris Drive | 2025
DCOA-Funded Street Improvements authorized to the City of Abilene | FY 2019-2023
Acufloor | 2024
ABI Windows | 2023
Great Lakes Cheese | 2021
Bavarian Polymers | 2020 $17,000 $3,692,926 $4,000,000 $80,000
DCOA Team of Economic Development Professionals
Misty Mayo President and Chief Executive Officer
“The DCOA team is a group of dedicated economic development professionals who live out our mission every day, growing jobs, growing the tax base, and growing the future of Abilene.
The results we’ve delivered this year reflect their talent, their commitment, and the strength of the partnerships we’ve built across this community. I am proud to lead this team that understands the impact of this work.”
Senior Vice President Business Development
Akane Thaxton Manager Finance & Compliance
Sevie Schonerstedt Specialist Economic Development
Lindsay Dennis Senior Vice President Business Retention & Expansion
Ashley Whitmer Manager Marketing & Brand
Whitney Merrick Assistant Economic Development
Johncox Executive Vice President and Chief Operating Officer
Regi McCabe-Gossett Senior Vice President Finance
Kevin Lawrence Manager Facilities
Reed Hernandez Coordinator Economic Development
Julie
DCOA FY 2025 Board of Directors
Shea Hall Board Chair
Abilene Business Owner
“Serving on the DCOA Board means helping shape the future of a community I believe in. The growth we’re seeing today is the result of bold decisions and partnerships that create real opportunities for Abilene.”
“What sets the DCOA apart is execution. The partnerships and investments this organization has secured are reshaping Abilene’s economic identity, and the pipeline ahead is just as strong as what we’ve already accomplished.”
Sam Vinson Secretary & Treasurer Managing Partner | Pine Valley Capital Partners
“The DCOA operates with a level of professionalism and strategic focus that rivals organizations in cities ten times our size. The caliber of projects landing in Abilene is proof of that.”
Tracy Howle Vice Chair Senior Vice President | First Financial Bank
“The DCOA’s leadership has positioned Abilene at the center of some of the most significant economic development projects in the country. Serving on this board means being part of something that truly moves the needle for our community.”
Floyd Miller Board Member Financial Advisor | Osaic Wealth, Inc.
Buddy Napier Board Member President | HGN Operating
“Abilene is competing on a national stage because the DCOA put us there. The transformation we’ve seen in the last five years is unlike anything in our community’s history.”
