Amarillo Economic Development Corporation
Government AdministrationTexas, United States2-10 Employees
The Amarillo Economic Development Corporation (AEDC) operates as a local government-backed entity focused on expanding business activity in the greater Amarillo area to strengthen and diversify the regional economy. Its primary target is 'primary' businesses that derive the majority of their sales from outside the Texas Panhandle and do not directly compete with nearby businesses. Incentives available to these firms come from a half-cent sales tax dedicated to economic development and are awarded using a formula that weighs job creation, average wages, and total capital investment. As part of the government administration landscape, AEDC aims to attract outside investment, support workforce development, and guide strategic growth in the region. Headquartered in Amarillo, the organization has pursued leadership changes and program initiatives, including naming Dr. Andreas Eckstein as president and CEO in 2026.