Amarillo, Texas Warning: You are not logged in. Your IP address will be publicly visible if you make any edits. If you log in or create an account, your edits will be attributed to your username, along with other benefits.Anti-spam check. Do not fill this in! ==Economy== {{See also|List of companies in Amarillo, Texas}} Amarillo is considered the regional economic center for the Texas Panhandle,<ref name="i27">{{cite web |author= United States Department of Transportation |url= http://www.fhwa.dot.gov/planning/econdev/i27tx.htm |title= Economic Development History of Interstate 27 in Texas |access-date= May 4, 2006 |archive-url= https://web.archive.org/web/20060507065632/http://www.fhwa.dot.gov/planning/econdev/i27tx.htm |archive-date= May 7, 2006 |url-status= live}}</ref><ref>{{Cite web|title=At the Heart of Texas: Amarillo|url=https://www.dallasfed.org:443/research/heart/amarillo|access-date=2021-04-21|website=www.dallasfed.org|language=en}}</ref> as well as Eastern [[New Mexico]] and the Oklahoma Panhandle. The meat packing industry is a major employer in Amarillo;<ref>{{Cite web|title=Over 400 COVID-19 Cases Identified At Amarillo Tyson Plant ... So Far|url=https://www.hppr.org/post/over-400-covid-19-cases-identified-amarillo-tyson-plant-so-far|last=Haflich|first=Angie|date=May 14, 2020|website=High Plains Public Radio|language=en|access-date=2020-05-18}}</ref> about one-quarter of the United States' beef supply is processed in the area. The city is also the location of headquarters for the Texas Cattle Feeders Association. Petroleum extraction is also a major industry. The helium industry has decreased in significance since the federal government privatized local operations in the late 1990s. [[Bell Helicopter Textron]] opened a [[helicopter]] assembly plant near the city's international airport in 1999.<ref name="i27"/> The city's largest employer in 2005 was Tyson Foods, with 3,700 employees. The [[Amarillo Independent School District]] was next with 3,659 employees followed by Pantex, Baptist St. Anthony's Health Care System, City of Amarillo, Northwest Texas Healthcare System, [[Amarillo College]], Wal-mart, and [[United Supermarkets]].<ref name="community">{{cite web |author= City of Amarillo's Community Development Department |url= http://www.amarillo.gov/departments/commdev/pdf/2005-2010%20Analysis%20of%20Impediments.pdf |title= 2005β2010 Analysis of Impediments |access-date= January 27, 2006 |archive-url= https://web.archive.org/web/20080625054110/http://www.amarillo.gov/departments/commdev/pdf/2005-2010%20Analysis%20of%20Impediments.pdf |archive-date= June 25, 2008 |url-status= dead |df= mdy-all }}</ref> Other major employers include Bell Helicopter Textron, Owens-Corning, [[Amarillo National Bank]] and [[ASARCO]]. Approximately {{convert|14|e6acre}} of agricultural land surrounds the city with [[maize|corn]], [[wheat]], and [[cotton]] as the primary crops. Other crops in the area include [[sorghum]], [[silage]], [[hay]], and [[soybean]]s.<ref>{{cite news |author=Welch, Kevin |title=Farming changes |date=March 26, 2006 |work=Amarillo Globe-News |url=http://www.amarillo.com/stories/032606/spe_4109480.shtml|access-date= January 25, 2007}}</ref> The Texas Panhandle, particularly in [[Hereford, Texas]], serves as a fast-growing milk producing area as several multimillion-dollar state of the art dairies were built in the early 2000s.<ref>{{cite news |author=Levine, Steve |title=Cows in Hereford Are All Fired Up About Ethanol Plant |work=The Wall Street Journal |page=A1 |date=January 24, 2006}}</ref> The Amarillo Economic Development Corporation (AEDC) is funded by a city sales tax, and it provides aggressive incentive packages to existing and prospective employers. In the mid-to-late 1990s, the AEDC gained notoriety by sending mock checks to businesses across the country, placing full-page advertisements in ''[[The Wall Street Journal]]'', and paying an annual $1 million subsidy to [[American Airlines]] to retain jet service.<ref>{{cite news |author=Curry, Kerry |title=Phone calls 'in the mail' for AEDC |date=September 9, 1997 |work=Amarillo Globe-News |url=http://amarillo.com/stories/090997/phone.html|access-date= January 25, 2007}}</ref><ref>{{cite news |title=Amarillo renews American deal |date=May 29, 1997 |work=Amarillo Globe-News |url=http://amarillo.com/stories/052997/renews.html|access-date= January 25, 2007}}</ref> The AEDC is largely responsible for bringing Bell Helicopter Textron's development of the V-22 Osprey hybrid aircraft and the future site of [[Marine One]] assembly in Amarillo.<ref>{{cite news |author=Hartnett, Dwayne |title=Sky's the limit |date=February 27, 2005 |work=Amarillo Globe-News |url=http://www.amarillo.com/stories/022705/spe_sky.shtml|access-date= January 25, 2007}}</ref> From 2020 to 2021, Amarillo experienced its greatest amount of economic development in 30 years.<ref>{{Cite web|last=Mitchell|first=Taylor|title=Amarillo experiencing most economic development in 30 years|url=https://www.newschannel10.com/2021/02/24/amarillo-experiencing-most-economic-development-years/|url-status=live|access-date=2021-04-21|website=KFDA 10 News|date=February 24, 2021 |language=en-US|archive-url=https://web.archive.org/web/20210224011057/https://www.newschannel10.com/2021/02/24/amarillo-experiencing-most-economic-development-years/ |archive-date=February 24, 2021 }}</ref> [[Amazon (company)|Amazon]], Asset Protection Unit, and [[Texas Tech University]] Vet School were named some major organizations contributing to the city and metropolitan area's economic growth. Through the [[COVID-19 pandemic in Texas]], the Amarillo Chamber of Commerce announced a new initiative to help local businesses rebound from the pandemic.<ref>{{Cite web|last=Gay|first=David|title=Amarillo Chamber of Commerce announces Supporting Small Business Initiative|url=https://www.amarillo.com/story/news/2021/04/06/chamber-commerce-announces-supporting-small-business-initiative/7089864002/|access-date=2021-04-21|website=Amarillo Globe-News|language=en-US}}</ref> Its tourism industry also rebounded.<ref>{{Cite web|last=Powell|first=Drew|date=2021-04-15|title=Amarillo tourism industry offers plan for future success|url=https://abc7amarillo.com/news/local/amarillo-tourism-now-and-the-future|access-date=2021-04-21|website=KVII}}</ref> Summary: Please note that all contributions to Christianpedia may be edited, altered, or removed by other contributors. If you do not want your writing to be edited mercilessly, then do not submit it here. 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