{"id":335085,"date":"2025-10-27T02:09:15","date_gmt":"2025-10-27T02:09:15","guid":{"rendered":"https:\/\/www.europesays.com\/us\/335085\/"},"modified":"2025-10-27T02:09:15","modified_gmt":"2025-10-27T02:09:15","slug":"u-s-chamber-leader-perot-talks-texas-manufacturing-ai-and-the-economy","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/us\/335085\/","title":{"rendered":"U.S. Chamber leader Perot talks Texas manufacturing, AI and the economy"},"content":{"rendered":"<p>Ross Perot Jr., the newly named chairman of the board of directors of the U.S. Chamber of Commerce, recently discussed artificial intelligence to the growth of domestic manufacturing to immigration and their impact on U.S. businesses during a fireside chat.<\/p>\n<p>Perot, chairman of AllianceTexas developer Hillwood and The Perot Group, spoke during an Oct. 15 event with Irving-Las Colinas Chamber of Commerce CEO Beth Bowman.<\/p>\n<p>The U.S. Chamber of Commerce is a powerful lobbying organization that represents 3 million businesses \u2014 most of which are small businesses \u2014 as well as state and local chambers nationwide.<\/p>\n<p>As chairman of Hillwood, Perot was key to bringing MP Materials to Alliance, where they are part of a U.S. manufacturing renaissance that has favored Fort Worth\u2019s history and demographics.\u00a0<\/p>\n<p>MP Materials is the largest U.S. manufacturer of specialized magnets that are essential components in vehicles, drones, robotics, electronics and aerospace and defense systems.\u00a0<\/p>\n<p>In July, the U.S. Department of Defense invested $400 million in the company to shore up the country\u2019s domestic supply of rare earth minerals and magnets.\u00a0<\/p>\n<p>A week later, Apple Inc. bit into the company with a $500 million commitment to purchase magnets from MP Materials for its products.\u00a0<\/p>\n<p>At the time, MP Materials also announced the expansion of its Fort Worth plant, which currently has the capability to produce 1,000 metric tons of rare earth magnets annually. Company representatives said they were beginning plans for a second plant.\u00a0<\/p>\n<p>Perot said Hillwood is working to secure that second plant for the city as well.\u00a0<\/p>\n<p>\u201cWe\u2019re working hard on it,\u201d he said. \u201cIt\u2019s a big competition, but I think, since they\u2019re already here, I hope that gives us a bit of a benefit.\u201d\u00a0<\/p>\n<p>Perot said Gov. Greg Abbott is also involved in negotiations.\u00a0<\/p>\n<p>\u201cThe governor\u2019s already met with them. The whole Texas team is on the field. I\u2019m optimistic,\u201d he said.\u00a0<\/p>\n<p>Here are a few highlights of his discussion, edited for length and clarity.\u00a0<\/p>\n<ul class=\"wp-block-list\">\n<li>Businesses want immigration concerns solved, Perot said, noting that both political parties have a difficult time reaching consensus on any related reform.\n<p>\u201cThe sooner the better,\u201d he said. \u201cThe political leadership understands it, but it takes the American people to talk to their representatives, saying, \u2018We need you guys to focus on this.\u2019 It\u2019s a big political issue, and it should be resolved, because we need all the legal talent in the country we can possibly have.\u201d<\/p>\n<p>The economic demand for talent could prompt change as industries need legal labor, he said.<\/p>\n<\/li>\n<li>Housing affordability:\u00a0Homes were about $75,000 when he started out as a developer, he said. Now they cost about five times as much in the area.\u00a0\n<p>\u201cStill, $380,000 is a hell of a lot better than California, but it\u2019s not what we should have here,\u201d he said.\u00a0<\/p>\n<p>\u201cWe\u2019re working on that question of how do we get a more affordable home and more affordable neighborhoods? Maybe you\u2019ll redesign the home.\u201d\u00a0<\/p>\n<p>Technologies, such as 3D printed homes, do make construction less expensive but only by about 5%, he said.\u00a0<\/p>\n<p>\u201cI told the team: we want 50% cheaper,\u201d he said.\u00a0<\/p>\n<\/li>\n<li>North Texas population growth:\u00a0\u201cWhat makes North Texas? The reason a million people every seven years move here is that we can grow in 360 degrees. We have no barriers. It will be New York, LA and Dallas-Fort Worth, then Chicago pretty soon.\n<p>\u201cNew York\u2019s got the Atlantic. LA\u2019s got the Pacific. We don\u2019t have any barriers. We\u2019re at 8 million now. We\u2019ll be 12 million by 2050, then by 2100, we think there will be 24 million to 25 million in Dallas-Fort Worth because we can grow.\u201d<\/p>\n<\/li>\n<li>Artificial intelligence and Texas: Perot is a big believer in AI and believes the nation should \u201cdominate the AI revolution.\u201d\u00a0\n<p>\u201cThe U.S. Western models are, for sure, going to dominate the Chinese model,\u201d he said. \u201cIf you want your information to come from the Chinese Communist Party, then you want to hang out over there.\u201d\u00a0<\/p>\n<p>Texas should be a big player in data center and AI growth, he said. The state is No. 2 behind Virginia in data center expansion.\u00a0<\/p>\n<p>Power is key in that area.\u00a0<\/p>\n<p><strong>\u201c<\/strong>We\u2019re everything. We\u2019re an all-the-above state. So wind, solar, nuclear. The Army just rolled out that small nuclear program yesterday, Janus, little nuclear reactors that are going by military bases. You take those little mini nukes and put them next to the AI data centers, you\u2019re done.<\/p>\n<p>\u201cYou\u2019re seeing more and more of the big AI go off the grid. They\u2019re generating their own power, a lot of them right now with Texas natural gas. And so natural gas will be their bridge. And then you\u2019ll see small nukes end up, like at a Stargate in Abilene, you\u2019ll have a small nuke out there probably before you know it.\u201d\u00a0<\/p>\n<\/li>\n<\/ul>\n<p>Stargate is part of a partnership between OpenAI, Oracle, MGX and SoftBank that plans a network of data center campuses across the United States. To meet these demands, Stargate has filed permits to operate natural gas turbines at its Abilene site. The company also is considering generating power there with solar and wind projects as well as small nuclear reactors. Another site is under development in nearby Shackelford County.\u00a0<\/p>\n<p>Bob Francis is business editor for the Fort Worth Report. Contact him at <a href=\"https:\/\/fortworthreport.org\/2025\/10\/26\/u-s-chamber-leader-perot-talks-texas-manufacturing-ai-and-the-economy\/mailto:bob.francis@fortworthreport.org\" target=\"_blank\" rel=\"noreferrer noopener\">bob.francis@fortworthreport.org<\/a>.<\/p>\n<p>At the Fort Worth Report, news decisions are made independently of our board members and financial supporters. Read more about our editorial independence policy <a href=\"https:\/\/fortworthreport.org\/about\/fort-worth-report-editorial-independence-policy\/\" target=\"_blank\" rel=\"noreferrer noopener\">here<\/a>.<\/p>\n<p>\n\tRelated\n<\/p>\n<p>Fort Worth Report is <a href=\"https:\/\/fortworthreport.org\/2024\/08\/25\/fort-worth-report-achieves-global-trust-certification-heres-what-it-means-for-our-community\/\" target=\"_blank\" rel=\"noopener\">certified by the Journalism Trust Initiative<\/a> for adhering to standards for ethical journalism.<\/p>\n<p>Republish This Story<\/p>\n<p><a class=\"license\" rel=\"noreferrer license noopener\" target=\"_blank\" href=\"https:\/\/creativecommons.org\/licenses\/by-nd\/4.0\/\"><img loading=\"lazy\" decoding=\"async\" width=\"88\" height=\"31\" alt=\"Creative Commons License\" style=\"border-width:0\" src=\"https:\/\/www.europesays.com\/us\/wp-content\/uploads\/2025\/09\/1758084579_646_cc-by-nd-4.0.png\"\/><\/a><\/p>\n<p>Republishing is free for noncommercial entities. 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Contact us for details. <\/p>\n","protected":false},"excerpt":{"rendered":"Ross Perot Jr., the newly named chairman of the board of directors of the U.S. Chamber of Commerce,&hellip;\n","protected":false},"author":3,"featured_media":335086,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5138],"tags":[6227,5229,90569,7371,7372,24470,358,3187,67,586,132,5230,68,2969],"class_list":{"0":"post-335085","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-fort-worth","8":"tag-alliance","9":"tag-america","10":"tag-chamber-of-commerce","11":"tag-fort-worth","12":"tag-fortworth","13":"tag-ross-perot-jr","14":"tag-texas","15":"tag-tx","16":"tag-united-states","17":"tag-united-states-of-america","18":"tag-unitedstates","19":"tag-unitedstatesofamerica","20":"tag-us","21":"tag-usa"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@us\/115443699924633882","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/335085","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/comments?post=335085"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/335085\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/335086"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=335085"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=335085"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=335085"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}