Welcoming Daikin Industries, Limited, to Texas.
The resolution underscores the expected economic benefits from Daikin's presence in Texas, predicting the creation of over 4,000 new jobs in various disciplines by 2018. This move is positioned as a significant development for job creation in the Houston area, contributing to the local economy and enhancing Texas's reputation as a favorable location for multinational corporations looking to invest in manufacturing.
Senate Resolution No. 647 (SR647) is a formal expression of the Texas Senate, welcoming Daikin Industries, Limited, to the state. Daikin is recognized as a leading global manufacturer in heating, ventilation, and air conditioning (HVAC) equipment. The resolution highlights Daikin's significant investment in Texas, especially its $400 million Daikin Texas Technology Park in Waller, which is marked as the company's largest North American investment. The facility spans over 4.1 million square feet and aims to streamline the manufacturing and engineering processes under one roof.
While SR647 primarily serves a celebratory and recognition purpose, the content reflects broader themes of economic development and job creation potential associated with attracting large companies like Daikin to Texas. No specific points of contention are noted within the text of the resolution; however, discussions around economic incentives for large corporations often include concerns about equitable economic benefits and implications for small and local businesses.