Directorship magazine's "Boardroom Guide to the Best States for Business" names Texas the best place in the country to do business.
Texas has the nation beat when it comes to places to do business.
The Lone Star State has been named the No. 1 state in the country for business by Directorship magazine's "Boardroom Guide to the Best States for Business."
The magazine cites a pro-business tax climate, a low cost of living and relatively solid economy as reasons businesses call Texas home.
Another key factor, Texas' central location and time zone, which is ideal for companies with a national footprint.
"Texas also ranks first in the number of Fortune 500 companies located there," Directorship said.
Major corporations have relocated to North Texas in recent years.
Fortune reports more than 45 major companies call North Texas home (in alphabetical order):
Affiliated Computer Services, Dallas
Alliance Data Systems, Dallas
AMR, Fort Worth
AmeriCredit, Fort Worth
Atmos Energy, Dallas
Brinker International, Dallas
Burlington Northern Santa Fe, Fort Worth
Cinemark Holdings, Plano
Commercial Metals, Irving
Crosstex Energy, Dallas
Dean Foods, Dallas
D.R. Horton, Fort Worth
Dr Pepper Snapple Group, Plano
Energy Future Holdings, Dallas
Energy Transfer Equity, Dallas
ENSCO International, Dallas
Exxon Mobil, Irving
Idearc, Dallas-Fort Worth Airport
J.C. Penney, Plano
Lennox International, Richardson
Metro PCS Communications, Richardson
Michaels Stores, Irving
Neiman Marcus, Dallas
Perot Systems, Plano
Pioneer Natural Resources, Irving
Radio Shack, Fort Worth
Rent A Center, Plano
Sally Beauty Holdings, Denton
Southwest Airlines, Dallas
Tenet Healthcare, Dallas
Texas Instruments, Dallas
Trinity Industries, Dallas
Vought Aircraft Industries, Irving
XTO Energy, Fort Worth