Texas continues to be a hotbed for corporate relocations — last year, 62 corporations moved their headquarters to the Lone Star State. According to Canyon Partners co-CEO and co-founder Josh Friedman, the healthy business environment is what is spurring companies to make the move.
“Texas is a very friendly place for businesses,” Friedman said in an interview with Yahoo Finance Editor-in-Chief Andy Serwer as part of Influencers with Andy Serwer. “If you look at firms like Goldman Sachs (GS) and others, Goldman is moving literally thousands of employees there. I think sometimes a change of venue or an additional venue injects an element of excitement and growth into a firm.”
Friedman also noted the benefits Texas offers to employees and other individuals choosing to relocate.
“And I think for our younger employees, they are enjoying a much lower cost of living. Almost everyone has bought a home. And those homes have all…