50-Year-Old MN Company Is Moving Its HQ To Texas: Report

MINNETONKA, MN — Westwood Professional Services Inc., a 50-year-old national engineering firm based in Minnetonka, will move its headquarters to Dallas-Fort Worth area.

Following its aquisition of Texas-based Peloton Land Solution in June, the majority of Westwood employees already living in the Lone Star State.

In a June 30 announcement, Westwood said the Peloton acquisition supports their "long-term strategy to expand its existing markets and services."

"The Dallas-Fort Worth area gives us a much larger market to attract top corporate talent," Westwood CEO Paul Greenhagen told the Star Tribune.

"Additionally, our team members collaborate across the country. DFW has two major airports and is centrally located in the U.S."

Westwood's current Minnetonka employees will continue to work in Minnesota.

Despite Westwood's move, Minnesota jumped several states — including Texas — to join the top five in CNBC's "America’s Top States for Business" 2023 rankings.