Scotiabank Chooses Right to Work Texas Location
Scotiabank has chosen Right to Work Dallas, Texas, as the perfect location for its new operations. In order to cover costs, the company is investing $60 million toward the project. They will also create 1,020 new jobs!
From Area Development Magazine:
“As a top 10 bank in North America with over $1 trillion in assets, today’s announcement marks a significant investment and commitment in Scotiabank’s U.S. operations and reinforces our longstanding presence in Texas where we have been operating since the 1960s. […] We are proud to expand in Dallas with a best-in-class regional hub that fortifies our role at the core of the North American corridor, a crucial gateway for trade and business, while also deepening our commitment to the local communities. We sincerely appreciate the support from Governor Abbott and Mayor Johnson, whose leadership continues to position Dallas as a premier destination for investment and growth.” […]
“Texas is the new financial services capital of America. […] Already home to the largest financial services workforce in the nation, this $60 million investment in Texas by Scotiabank will add more than 1,000 new, good-paying jobs. With the continued surge in investments by global financial services giants, Texas will strengthen its leadership across industry sectors, ensuring a more prosperous future for decades to come.” […]
“Scotiabank’s decision to establish a major office in Dallas reinforces our position as a top U.S. metro for financial services. […] We are grateful for Governor Abbott’s strategic vision in positioning Texas as a world-class financial center, as well as the support from Lieutenant Governor Patrick, Speaker Burrows, Senator Royce West, and Representative Venton Jones. This significant win reflects the collaborative spirit of our business community, city, and state allies and our collective commitment to securing a bright future for our great region.”
To read the previous economic update on Right to Work states, click here.