Ted Cruz hails $3.2B in Israeli investment, 4,200 jobs created in Texas
"Now that investment is expanding into AI, cyber, defense, water, and agriculture," said Cruz. "Texas gets the jobs, the capital, and the technology. That’s a partnership worth growing."
Texas Senator Ted Cruz announced that Israeli companies have invested $3.2 billion in Texas, creating over 4,200 jobs, according to 2024 US Bureau of Labor Statistics data. Trade between Texas and Israel reached approximately $4 billion in 2024, with Texas exports to Israel totaling $757.9 million and imports from Israel reaching $3.2 billion. This investment is expanding into sectors such as AI, cyber, defense, water, and agriculture. Cruz stated, "Texas gets the jobs, the capital, and the technology. That's a partnership worth growing." Israel ranks as the 19th-largest source for foreign direct investment projects and 17th-largest for new jobs created by FDI in Texas. Additionally, Texas doubled its investment in Israel bonds to $280 million in February 2026, and is in the process of establishing its first permanent economic office in the Middle East, located in Jerusalem.
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