Ted Cruz hails $3.2 billion in Israeli investment, 4,200 jobs created in Texas
Senator Ted Cruz highlighted $3.2 billion in Israeli investment in Texas, creating over 4,200 jobs, based on 2024 Bureau of Labor Statistics data. Trade between Texas and Israel reached roughly $4 billion in 2024. The article details the decade-long partnership, listing top Israeli investors including Wiz and Elbit Systems, and notes Texas is establishing a trade office in Jerusalem.
Texas Senator Ted Cruz posted on X/Twitter that Israeli companies have invested $3.2 billion and created more than 4,200 jobs in Texas. The figures are based on US Bureau of Labor Statistics data from the 2024 financial year, which showed trade between Texas and Israel reached roughly $4 billion in 2024. Texas exports to Israel totaled $757.9 million, while imports from Israel reached $3.2 billion. Over the past decade, Israeli companies reported 34 investment projects in Texas. The article lists the Israeli companies with the highest capital investment in Texas over the last 10 years, including Nofar, Doral, Wiz, Elbit Systems, and Tower Semiconductor. Cruz noted the investment is expanding into AI, cyber, defense, water, and agriculture. Texas is in the process of establishing a state trade office in Jerusalem, having issued a request for proposals in June 2026. In February 2026, Texas doubled its investment in Israel bonds to $280 million. The article frames the economic relationship as a mutually beneficial partnership.
Ted Cruz hails $3.2 billion in Israeli investment, 4,200 jobs created in Texas