Economy
According to the Plano 2011 Comprehensive Annual Financial Report, the top employers in Plano are:
| # | Employer | # of Employees |
|---|---|---|
| 1 | Bank of America Home Loans | 5,400 |
| 2 | J. C. Penney | 5,000 |
| 3 | HP Enterprise Services | 4,800 |
| 4 | Capital One | 3,500 |
| 5 | Dell | 3,000 |
| 6 | Frito-Lay | 2,400 |
| 7 | Ericsson | 2,200 |
| 8 | Alcatel-Lucent | 1,830 |
| 9 | Medical Center of Plano | 1,500 |
| 10 | Dr Pepper Snapple Group | 1,250 |
Approximately 80% of Plano's visitors are business travelers, due to its close proximity to Dallas and the many corporations headquartered in Plano. The city also has a convention center that is owned and operated by the city. Plano has made a concerted effort to draw retail to its downtown area and the Shops at Legacy in an effort to boost sales tax returns. The Shops at Legacy area has apartments, shops, and restaurants constructed with the new Urbanism philosophy. An experimental luxury Walmart Supercenter is located at Park Boulevard and the Dallas North Tollway.
Read more about this topic: Plano, Texas
Famous quotes containing the word economy:
“Unaware of the absurdity of it, we introduce our own petty household rules into the economy of the universe for which the life of generations, peoples, of entire planets, has no importance in relation to the general development.”
—Alexander Herzen (1812–1870)
“Wise men read very sharply all your private history in your look and gait and behavior. The whole economy of nature is bent on expression. The tell-tale body is all tongues. Men are like Geneva watches with crystal faces which expose the whole movement.”
—Ralph Waldo Emerson (1803–1882)
“Cities need old buildings so badly it is probably impossible for vigorous streets and districts to grow without them.... for really new ideas of any kind—no matter how ultimately profitable or otherwise successful some of them might prove to be—there is no leeway for such chancy trial, error and experimentation in the high-overhead economy of new construction. Old ideas can sometimes use new buildings. New ideas must use old buildings.”
—Jane Jacobs (b. 1916)