TAYO: No End in Sight for Texas Job Growth
August 27 2014 - 5:00AM
Business Wire
As Taylor Consulting Inc. (OTCBB: TAYO) continues working to
accumulate promising real estate assets in oil-rich West Texas, the
state has surpassed 300,000 jobs in the oil and natural gas sector
as the energy boom drives job growth for a fourth straight
year.
According to the data released this month by the U.S. Bureau of
Labor Statistics, Texas gained more than 20,000 oil and gas jobs
since July 2013, its largest increase since April 2013. With new
drilling techniques opening up vast reserves, the state has been
drawing oil field workers from around the country who are eager to
jump on rig crews where salaries start at around $70,000 a
year.
The flood of new business and residents into Texas’ Permian
Basin region is expected by many to keep climbing steadily. In
order to capitalize on the rising demand for real estate to be used
for everything from temporary housing to public infrastructure to
entertainment amenities, TAYO is building a portfolio of properties
in the region offering multiple avenues for potential revenue.
Third Avenue Development, TAYO’s real estate division, has
already acquired a number of real estate properties in West Texas,
including a 64-lot bulk purchase not far from the massive Cline
Shale formation. The company is focused on accumulating acres of
land ripe for redevelopment to suit a variety of potential
needs.
TAYO recently created Third Avenue Development, LLC to invest in
promising real estate assets to compete alongside American Homes 4
Rent (NYSE: AMH), Silver Bay Realty Trust Corp. (NYSE: SBY), Equity
Residential (NYSE: EQR) and Essex Property Trust Inc. (NYSE: ESS)
and more.
For more information on Third Avenue Development, please visit
www.thirdavenuedevelopment.com.
About Third Avenue Development, LLC.
A division of Taylor Consulting, Inc. (TAYO), Third Avenue
Development, LLC, is building an emerging portfolio of real estate
assets in emerging oil and gas regions. The company is focused on
acquiring and developing properties in the country's top-performing
markets in order to capitalize on rising demand for housing and
related infrastructure services.
Notice Regarding Forward-Looking Statements
Safe Harbor Statement under the Private Securities Litigation
Reform Act of 1995: This news release contains forward-looking
information within the meaning of Section 27A of the Securities Act
of 1933, as amended, and Section 21E of the Securities Exchange Act
of 1934, as amended, including statements that include the words
"believes," "expects," "anticipate" or similar expressions. Such
forward-looking statements involve known and unknown risks,
uncertainties and other factors that may cause the actual results,
performance or achievements of the company to differ materially
from those expressed or implied by such forward-looking statements.
In addition, description of anyone's past success, either financial
or strategic, is no guarantee of future success. This news release
speaks as of the date first set forth above and the company assumes
no responsibility to update the information included herein for
events occurring after the date hereof.
Taylor Consulting, Inc.Scott Wheeler, 713-840-6099President and
CEOinfo@tadcorp.com
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