Texas is the Best State for Business

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    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.

    Research in Motion, the makers of Blackberry phones selected Irving as its home and Comerica moved from Detroit to Dallas.

    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
    AT&T, Dallas
    Blockbuster, Dallas
    Brinker International, Dallas
    Burlington Northern Santa Fe, Fort Worth
    Celanese, Dallas
    Centex, Dallas
    Cinemark Holdings, Plano
    Comerica, Dallas
    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
    Flowserve, Irving
    Fluor, Irving
    GameStop, Grapevine
    Holly, Dallas
    Idearc, Dallas-Fort Worth Airport
    J.C. Penney, Plano
    Lennox International, Richardson
    Kimberly-Clark, Irving
    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
    Torchmark, McKinney
    Trinity Industries, Dallas
    Vought Aircraft Industries, Irving
    XTO Energy, Fort Worth
    Zale, Irving