Business is exceptionally strong at present. Texas is a pro-business state and we continue to see manufacturing and service industries relocating to our state. This drives migration into the state resulting in construction and higher demand for goods, which results in exponential demand for distribution-related services. In addition to domestic demand, the Port of Houston provides an excellent alternative for both import and export goods. With extensive infrastructure, solid labor relations, capacity, and a willingness to grow, Texas will continue to attract international business. With great distribution space capacity and a vibrant workforce, Texas has the ability to continue its meteoric growth trend.

Core Industries Strong: Chemicals, Construction, Foods and Unprecedented Demand for Consumer Packaged Goods (CPG)

Business to consumer tends to remain the strongest growth area due to the trend towards a fulfillment-driven economy. But across the board, nearly every industry sector is strong right now and moving higher than typical volumes. Palmer is focused on serving its traditional core sectors, the chemicals, food, and construction industries. All of these industries are experiencing very solid demand and projected growth for the next 12+ months.