June 20, 2017
A total of 19 new manufacturing operations are coming to the state of Tamaulipas in Mexico during the remainder of 2017 and into 2018. The total capital investment for the facilities will be more than $1.3 billion, with more than 9,000 new jobs created. The majority of the plants will be built in Reynosa, across the Texas-Mexican border from Hidalgo, TX, which is part of the McAllen-Edinburg-Mission Metropolitan Statistical Area (MSA) in the Rio Grande Valley.
Carlos Talancón Ostos, secretary of economic development for the State of Tamaulipas, told the Rio Grande Guardian that some of the corporations targeting Reynosa resulted from a trade delegation that visited China and South Korea during April 2017. He added that the 19 companies had already acquired land, and are in the “process of establishing the unions.”
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