Diversity is the main factor fueling San Antonio's thriving business development sector. New job opportunities are abundant, thanks to new and expanding businesses, strong business incentives, a low cost of living and affordable housing. An educated, qualified workforce of more than 900,000 people, as well as over 120,000 students enrolled in area colleges and universities who plan to stay in San Antonio after graduation, keeps San Antonio's business and industry running smoothly, as does San Antonio's strong, transportation infrastructure.
Companies are attracted to San Antonio because of the low cost of doing business, which is reflected in San Antonio boasting some of the lowest utility rates in the nation. San Antonio's affordable cost of living, ranging nearly 10 percent below the US average, also encourages business and individual relocation. The diverse economy of San Antonio includes a rapidly growing biomedical and biotechnology sector and a diversified manufacturing sector. Some of the city's largest, private employers include United Services Automobile Association and H.E.B Grocery Company. Toyota has also became a strong player in San Antonio's economy with the introduction of its sixth North American assembly plant in 2006.
Companies with Headquarters in San Antonio
Some of the largest companies with headquarters in San Antonio include H.E.B. Grocery Company, USAA, AT&T, Southwest Research Institute, Valero Energy, Cardell Kitchen & Bath Cabinetry and Frost National Bank.
Companies with Major Regional/Divisional Offices in San Antonio
Some of the largest companies with major regional or divisional offices in San Antonio include Wachovia, Citibank, West Teleservices, JP Morgan Chase, QVC Network, Washington Mutual and the Boeing Aerospace Support Center.
San Antonio's Leading Manufacturers
San Antonio's leading manufacturers include Cardell Kitchen & Bath Cabinetry, Toyota Motor Manufacturing, Kinetic Concepts, Inc., Martin Marietta Materials SW and Clarke American.
San Antonio's Military Bases
San Antonio also has four military bases, including Randolph AFB, Fort Sam Houston (Army), Brooks City-Base and Lackland AFB.