The Board of Development, chartered by the City Council in 1941 to promote the industrial growth of Greenville, receives funding from the municipally owned electric utility system. The Board is ready, willing and able to assist companies with relocation plans. There are eight Fortune 500 companies located in Greenville, plus many other businesses, which are testimony to the cooperation of the community with industry.
Greenville serves as the business hub to north Texas with all the ingredients conducive to a healthy, productive business life: a clean environment, plentiful land, excellent schools and churches, convenient access to Dallas, a highly educated and diverse workforce, a business-friendly attitude, fully developed transportation networks, and an aggressive marketing program.
Greenville's economic strength stems from its pro-business attitude and its diversified manufacturing and distribution base. Products range from food processing and plastic extrusion to government contracting and data processing centers. The diversity of Greenville's product line has been made possible by its vast transportation infrastructure and communication networks, which provide industry with a swift and efficient means of moving people, products and information.
Situated in the heart of north Texas, Greenville employers fill 16,954 jobs, drawing from a labor force of 556,674 within a 40-mile radius. Surveys conducted by companies with multiple sites throughout the U.S. indicate Greenville employees are their most productive and hold the record for the lowest absenteeism rate in the nation.
Industrial sites include two fully developed industrial parks with over 1,200 acres available. The economic development arm of the City, the Greenville Board of Development, oversees these properties with sites sold at below-market prices for businesses ready to expand or relocate.
Greenville schools are among the strongest in north Texas. The school district produces National Merit Scholars and supports active athletic and academic programs. Located 15 miles from Greenville, Texas A & M University at Commerce offers excellent higher education opportunities. Additionally, nearby are three community colleges, two trade schools, and two technical centers, offering residents and employers a wide selection of continuing education opportunities.
The city's pro-business attitude is reflected in its adoption of guidelines and criteria for Tax Abatement and establishment of the Greenville Enterprise Zone. Greenville is ready and able to provide additional incentives to business and industry expanding into or relocating to Greenville.
Nationally recognized companies such as Rubbermaid, Cytec Fiberite, and L-3 have taken advantage of the excellent location of Greenville's industrial parks, transportation links, local incentives, and pro-business philosophy.