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:
“War. Fighting. Men ... every man in the whole realm is in the army.... Every man in uniform ... An economy entirely geared to war ... but there is not much war ... hardly any fighting ... yet every man a soldier from birth till death ... Men ... all men for fighting ... but no war, no wars to fight ... what is it, what does it mean?””
—Doris Lessing (b. 1919)
“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)
“The basis of political economy is non-interference. The only safe rule is found in the self-adjusting meter of demand and supply. Do not legislate. Meddle, and you snap the sinews with your sumptuary laws.”
—Ralph Waldo Emerson (1803–1882)