Industries & Firms

Addison's way of categorizing sectors in the economy is by using Chmura's industry clusters, which group together related NAICS industry codes. Definitions for each cluster can be found here(DOCX, 23KB). As shown in the graph below, service industries dominate employment in Addison. In fact, 69% of Addison's workforce is employed in the professional services, financial services, or consumer services industry clusters.

 

Employment-by-Industry-Cluster

 

Measuring the size of industry clusters using different metrics can yield varying results. For example, while there are more consumer services firms in Addison, the high employment in professional services suggests that firms in this cluster are, on average, larger in size. In terms of total square footage, no industry cluster occupies more space than the retail cluster. The following two graphs illustrate this: one displays the total square footage for industry clusters with more than 100,000 square feet in Addison, and the other shows the number of firms in clusters with more than 10 firms in Addison.

 

Industry-Clusters-sqft-and-number-of-firms

 

Learn More about Addison's biggest Industry Clusters:

Professional Services

The largest Industry Cluster in Addison is Professional Services. This Industry Cluster utilizes mostly office space in Town, 75% of this Industry Cluster occupies an office building, the other quarter of firms use industrial, flex, or retail spaces in Addison. Even though Mary Kay Inc works mainly in the retail industry, its Addison headquarters are part of the professional service industry cluster. The second largest professional services firm by square footage occupied and number of employees is Exponent HR. Authentix, Inc. is the third largest by square footage. Google, one of the fortune 500 companies with an office in Addison, has the fourth largest presence for a professional service firm in Addison both in space occupied and workforce size. Two other prominent firms have a presence in Addison; Hilton has a regional headquarters and Glazers Inc. has its headquarters. Below is a more detailed description of the largest professional services firms:

Mary Kay

Mary_Kay

Mary Kay occupies 539,000 square feet of office headquarters space and employs 3,600 people in Addison. Mary Kay is a leading global cosmetics company, known for its direct-selling model and a strong commitment to empowering women entrepreneurs. The company's headquarters in Addison oversees various aspects of its global operations, including product development, marketing, and sales strategy.

Google

Google

Google's office in Addison is primarily focused on Cloud Solutions, a critical part of Google's broader enterprise services. The team in Addison is divided into sales professionals and engineers who collaborate to provide cutting-edge cloud computing solutions to businesses. This office plays a vital role in promoting and supporting Google Cloud services, helping organizations transition to and optimize their operations on the cloud. The presence of Google in Addison highlights the area’s importance as a hub for technology and innovation. Google occupies 56,000 square feet of office space and employs more than 300 people in Addison. 

Exponent HR:

Exponent-HR

 Headquartered in Addison, Exponent HR specializes in providing cloud-based Human Resource Information Systems (HRIS), payroll services, and other HR solutions to businesses. Their robust platform helps organizations streamline HR operations, reduce administrative burdens, and improve overall efficiency. Exponent HR's significant presence in Addison reflects its importance in the HR technology sector. Exponent HR occupies 64,000 square feet of office and employs 435 people in Addison.

Authentix, Inc.:

Authentix.jpg

Headquartered in Addison, Authentix is renowned for its expertise in authentication and brand protection solutions. Authentix helps businesses safeguard their products and brands from counterfeiting and illicit trade through advanced authentication technologies and data analytics. Their services are critical for industries ranging from pharmaceuticals to government sectors, ensuring product integrity and consumer safety. Authentix occupies 63,000 square feet of flex space and employs 40 people in Addison.

Hilton

Hilton

Hilton occupies 102,000 square feet in their regional office in Addison and employs 175 people. As a global leader in hospitality, Hilton’s Addison office plays a crucial role in overseeing operations, managing relationships with hotel owners and partners, and supporting various corporate functions. This regional hub is instrumental in ensuring the smooth operation of Hilton’s vast network of hotels across the region.

 

Glazer's Beer & Beverage

Glazers

Glazer's Beer & Beverage occupies 116,000 square feet of office space in Addison and employs 150 people at their headquarters. The company is a major distributor of alcoholic beverages, serving a wide range of clients from bars and restaurants to retail stores. The Addison headquarters manages the company's operations, including logistics, sales, and distribution across various regions.

Financial Services

The second largest industry cluster in Addison, financial services, relies even more on office space that professional services, 97% of all financial services firms in Addison are located in an office building, the rest are located in retail spaces where they can services costumers directly. In Addison, the largest financial services firm by both square footage occupied and number of employees is Bank of America. National Life Group is the second largest by square footage, while National Teachers Associates Life Insurance Company has the second most employees. Below is a more detailed description of the largest financial services firms:

Bank of America

Bank-of-America

Bank of America occupies 553,000 square feet of space and employs 3,700 people in Addison. The Addison office primarily focuses on providing support for various financial services, including wealth management, credit services, and mortgage lending. This location plays a crucial role in the bank's nationwide operations, underscoring its commitment to delivering comprehensive financial solutions to its clients.

National Life Group

National-Life-Group

Headquartered in Addison, National Life Group occupies 112,000 square feet of office space and employs 350 people. National Life Group provides life insurance, retirement, and investment solutions, catering to individuals and businesses alike. Their commitment to customer-centric services and strong community presence has made them a leading firm in the financial services sector in Addison.

 

National Teachers Associates Life Insurance Company

National-Teachers-Associates-Life-Insurance-Company

National Teachers Associates Life Insurance Company (NTA Life) occupies 92,000 square feet of office space and employs 500 people in Addison. NTA Life specializes in providing supplemental health and life insurance products, primarily serving educators and public employees. The company's Addison headquarters is integral to its operations, focusing on policy administration, customer support, and sales.

 

Zurich-American-Insurance

Zurich_Insurance_Group_logo.svg.jpg

With regional headquarters in Addison, Zurich American Insurance Company occupies 54,000 square feet of office space and employs over 250 people. Zurich American Insurance offers a wide range of insurance products and services, providing tailored solutions to individuals and businesses. Their dedication to risk management and customer-focused strategies has positioned them as a key player in the finance & insurance industry within Addison.

 

 

Consumer Services

The consumer services industry cluster in Addison demonstrates a varied use of space, with 47% allocated to retail, 42% to office space, and the remaining portion to industrial or flex spaces. This distribution highlights the diverse nature of consumer services, where businesses not only cater to direct customer needs but also handle essential operations and logistics. In Addison, the largest consumer services firms include a mix of experiential retail and dining establishments, such as Puttshack, Fogo de Chão and Bowlero, which play key roles in this sector.

Puttshack

Puttshack

Puttshack occupies 25,000 square feet of retail space in Addison. Falling under the entertainment retail category within the consumer services industry cluster, Puttshack is a cutting-edge, tech-infused mini-golf experience that blends social entertainment with dining. This venue attracts a wide range of customers, offering a unique experience that combines leisure and retail in a dynamic environment.

 

Fogo-de-Chao

Fogo.jpg

Fogo de Chão has a significant presence in Addison, with a 17,000 square foot office that employs 70 people, along with a 9,000 square foot restaurant. Renowned for its authentic Brazilian steakhouse, Fogo de Chão combines its corporate operations with a premier dining experience. Their commitment to quality and service has made them a standout in the consumer service industry. 

 

Bowlero

Bowlero

Bowlero occupies 25,000 square feet of retail space in Addison. As part of the entertainment retail category within the consumer services industry cluster, Bowlero offers a modern, immersive bowling experience that combines social entertainment with dining.

 

 

Health

In Addison's medical industry cluster, 66% of the space is dedicated to office operations, reflecting the town's role as a key support hub for the back-end operations of healthcare services. Rather than just focusing on direct patient care, Addison plays a significant role in the administrative, managerial, and logistical aspects of the medical field. The largest firms within this cluster highlight the diversity and importance of these operations. Concentra occupies the most space and has the largest workforce, while Methodist Hospital for Surgery and Solis Mammography also hold significant presences. Below is a more detailed description of the largest medical firms:

Concentra

Concentra

Concentra occupies 96,000 square feet of office space and employs 600 people in its headquarters in Addison. As a national healthcare company, Concentra specializes in occupational health services, including urgent care, physical therapy, and wellness programs. Their Addison headquarters manages the company’s extensive network of medical centers across the country, overseeing everything from administrative functions to the development of healthcare programs and services.

Methodist Hospital for Surgery

Methodist-Hospital

Methodist Hospital for Surgery occupies 56,000 square feet and employs 240 people in Addison. This specialized hospital provides surgical care with a focus on spine and joint procedures. The facility offers advanced medical technology and a patient-centered approach, ensuring high-quality care. While the hospital itself is a critical component of the medical industry, its presence in Addison also supports broader administrative and operational roles.

Solis Mammography

Solis-Mammography

Solis Mammography occupies 47,000 square feet of office space in Addison and serves as the company's headquarters. As a leader in breast health services, Solis Mammography focuses on providing specialized imaging and diagnostic services. The headquarters in Addison plays a crucial role in managing their network of imaging centers, overseeing operations, and ensuring the delivery of consistent, high-quality care across all locations.

 

Construction

In Addison's construction industry cluster, 55% of the space is dedicated to office operations, while 44% is utilized as flex or industrial space. This distribution reflects Addison's role in supporting both the management and operational aspects of the construction industry. The major firms within this cluster demonstrate a balance between corporate headquarters, regional offices, and versatile spaces that cater to various construction needs. Below is a more detailed description of the largest construction firms:

Tomlin Investments

Tomlin-Logo

Tomlin Investments occupies 26,000 square feet of flex space in Addison and employs 15 people. Specializing in real estate investment and development, Tomlin Investments uses its flex space to manage both the planning and execution of its construction projects. The company’s presence in Addison allows it to efficiently oversee its diverse portfolio, which includes residential, commercial, and mixed-use developments.

Brightland Homes

Brightland-Homes

Brightland Homes occupies 25,000 square feet of office space in Addison, serving as the company’s headquarters and employing 160 people. As a prominent homebuilder, Brightland Homes focuses on designing and constructing high-quality, energy-efficient homes. The Addison headquarters oversees key operations, including project management, design, and customer service, supporting the company’s mission to deliver exceptional residential properties across various markets.

JE Dunn Construction

JE-Dunne

JE Dunn Construction occupies 16,000 square feet of office space in Addison and employs 110 people at its regional office. As one of the nation’s leading construction firms, JE Dunn specializes in commercial construction projects ranging from healthcare facilities to corporate offices. The Addison regional office plays a critical role in managing projects throughout the region, providing both administrative support and strategic oversight to ensure successful project delivery.

 

Retail

Surprisingly, the most common use of space for firms in the retail industry cluster is office space; 42% of the space in this cluster is dedicated to offices, where retail firms manage their operations. The second most common use of space is industrial, where goods are produced. Only 21% of space used by retail firms is dedicated to retail spaces, where goods are directly sold to consumers. This highlights Addison's diverse economy—a place where firms handle the management and financial aspects, produce goods, and deliver them to consumers. In Addison, the largest retail firm by both square footage occupied and number of employees is Mary Kay. Target is the second largest by square footage, while Glazer's Beer & Beverage is the third largest in this cluster. Below is a more detailed description of the largest retail firms:

Target

Target

Target operates a 175,000 square foot store in Addison. As one of the largest retail chains in the United States, Target offers a wide range of products, including clothing, electronics, home goods, and groceries. The Addison location serves as a key retail outlet, providing a broad selection of goods and services to the local community.

 

Kroger

Kroger.jpg

Kroger operates a 54,000 square foot store in Addison. As one of the largest supermarket chains in the country, Kroger offers a comprehensive selection of groceries, household items, and pharmacy services. The Addison location plays a vital role in serving the local community, providing a diverse array of fresh produce, pantry staples, and everyday essentials.

 

Whole Foods

Whole-Foods.jpg

Whole Foods Market occupies 27,000 square feet in Addison. Known for its commitment to organic and natural products, Whole Foods offers a curated selection of high-quality groceries, including fresh produce, specialty items, and prepared foods. The Addison store is a key destination for health-conscious shoppers seeking premium, responsibly sourced goods.

 

 

More about Addison's Economy

Business Spotlight

Buildings in Addison

Biweekly Economic Report

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