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Archive for the ‘Reynosa’ Category

Maquiladora employment increases in Reynosa, Mexico

September 2nd, 2010

Statistics released from Mexico indicate that maquiladora employment in Reynosa has recently increased. President/CEO of the McAllen Economic Development Corporation Keith Patridge attributes the increase to companies shifting production to places where they have lower costs and a capable workforce.

Read the full story by clicking here

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Johnson Controls seeks project manager for manufacturing TX/MX

July 27th, 2010

Johnson Controls, which “create(s) quality products, services and solutions to
optimize energy and operational efficiencies of buildings; lead-acid automotive batteries and
advanced batteries for hybrid and electric vehicles; and interior systems for automobiles,” is seeking a project manager in the McAllen,TX/Reynosa, MX region.

See the full job post here

To learn more about Johnson Controls, click here

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Dulces Famosos sponsors health fair in Reynosa

July 22nd, 2010

To help promote healthy living and environmental protection, Farley’s & Sathers Candy Company (known as Dulces Famosos) in Reynosa sponsored a week-long health fair for all employees and their immediate families. In the parking lot outside the plant, which is located in Villa Florida Industrial Park, hospitals, health officials, schools and pharmacies set up tents providing free services and information. Dulces Famosos employs about 1,000 people and produces candy canes and other sweet candy for distribution in the United States.

“We’re very proud of our company and our employees,” said Randy Main, general managers of Dulces Famosos, to a group of employees and their children. “We have to do special things for our people and this fair is an example of this. Not only is it an example, but it’s a promise, an obligation and our social responsibility.”
Main said that employees would have time to receive private screenings and he was working with everyone’s schedule to ensure employees that had a pre-existing condition would have access to a specialist available at the plant. Keith Patridge, President/CEO of the McAllen Economic Development Corporation; Ralph Garcia, Vice President for Mexico Business Recruitment; and Victoria Hirschberg, Marketing Director for the McAllen Economic Development Corporation, participating in the inaugural activities at the Reynosa plant.

“The health fair exemplifies some of the great things that are still happening in Reynosa,” Patridge said. “Main, just like our other plant managers in McAllen and Reynosa, take care of their employees.”
“Number one (is that) we believe a healthy employee is a productive employee,” Main said. “And for that reason we are focusing this fair on health and number two, our employees have the right to leave each day in the same condition as when they arrived for their shift.”

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New companies open/expand in McAllen/Reynosa

July 22nd, 2010

The team at the McAllen Economic Development Corporation is happy to announce several new corporate citizens in our bi-national community. These new companies in McAllen and Reynosa speak to the strength and resiliency of our area in a time of economic downturn. In addition to these new companies, McAllen EDC currently is working with 28 projects on the U.S. side and about 10 in Mexico. We remain focused on highlighting our strategic location, cost competitiveness and available skilled labor force. Be sure to check www.mcallenedc.org for current updates and news from our organization. If there is anything you’d like to learn or if you know of a company interested in our area, pass our information along. We want to grow and sustain our local businesses.

As for our new businesses, McAllen EDC is happy to announce that Union Plastic & Metal Recycling has located its new operation in the McAllen Foreign Trade Zone. This company, with headquarters in Hong Kong and a 30-acre recycling site in China, selected McAllen as its first North American location. Yan Ho, regional manager, said they were looking to open in an already established hub of manufacturers to ensure steady business. When studying the North American market, the company selected McAllen to capitalize on the more than 200 companies in McAllen and Reynosa. Union Plastic & Recycling can collect and recycle industrial materials from computers, steel, paper and metal parts. The company plans to hire several people for its operations and hopes to expand its services and operations in McAllen/Reynosa.
“It’s been quite an adventure,” Ho said, adding that he is relieved to start operations in the new 28,000-square foot facility.

In Reynosa, TopLine Cosmetics recently announced a new 26,000-square ft facility in the Parque Industrial Reynosa. The company designs, manufactures and produces packaging for cosmetics and beauty products (ie: the L’Oreal Infaillible Lipstick tube/ Lip Gloss duo). According to premiumbeautynews.com, Topline has more than 2,000 employees and currently operates five factories in China. The Reynosa facility ―the company’s first in North America― will begin production in upcoming weeks and plans to hire about 30 people.

Topline President Charles Chang commented to premiumbeautynews.com about the new location, saying: “Not only does the new North American site increase our global presence, but it will significantly benefit our customers by reducing their working capital costs and supply chain lead time. The new plant thus adds value to our services by enhancing customer productivity and inventory management operations.”
And on another exciting note, construction on the new Textape facility on Military Highway in South McAllen is almost complete. The company, which processes and distributes pressure sensitive tape, C-TPAT seals and electrical tapes, will move into its new almost 17,000-square feet facility by the end of summer 2010. Their current facility is about 8,000-square feet, said Doug Scott with Textape. This new, larger facility will increase the production capabilities in McAllen and there are plans to hire several new people when the new plant becomes operational.

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Developer to invest millions in housing infrastructure in Reynosa

June 18th, 2010

Reynosa, a city of about 1 million and an industrial hub in Northeast Mexico, will receive a boom in housing thanks to new jobs and a new housing developer.

Uribi, the leading housing developer in Mexico, will expand its operations throughout the state of Tamaulipas and in Reynosa, the state’s largest city. The McAllen Economic Development Corporation works closely with the City of Reynosa to attract industry and manufacturing to both sides of the border.

To read the full release, click here.

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Mexico ranked most cost competitive for industry; McAllen takes top spot in the U.S. market

June 14th, 2010

Based on the low costs of doing business and business’ ability to compete on the global scale, Mexico ranked No. 1 in overall competitiveness according to a recent report released by KPMG. This organization is a “global network of professionals in the audit, tax and advisory business. The study found that Mexico represents the lowest cost country for companies. The McAllen Economic Development Corporation has a team of industrial specialists focused on recruiting and expanding manufacturing, warehousing, logistics operations in Mexico, specifically Reynosa.

For the U.S., KPMG ranked McAllen as the most competitive city in the United States and Canada, based on low cost of business. There are hundreds of companies on the U.S. side that supply the manufacturing sector in Reynosa, Mexico. Click here to read the full report.

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Topline Cosmetics opens new Reynosa facility

May 19th, 2010

Topline Cosmetics, a beauty packaging company, has opened operations in Reynosa, MX. The McAllen Economic Development Corporation is happy to announce this new company, that will take 26,000 square-feet.

Topline’s President said this of the first North American operation:
““Not only does the new North American site increase our global presence, but it will significantly benefit our customers by reducing their working capital costs and supply chain lead time,” said Charles Chang, Topline president. “The new plant thus adds value to our services by enhancing customer productivity and inventory management operations.”

Click here to read the full story.

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Ridge Property Trust leases 200,000+ SF Of Space in McAllen/Reynosa Area

May 5th, 2010

McAllen, Texas April 27, 2010 — Ridge Property Trust, a private REIT specializing in industrial property development and management, today announced leasings totaling 218,812 square feet, including recently signed Andrew Corporation and Karlee Company at the company’s properties at Sharyland Business Park in McAllen, TX.

This comes on the heels of significant leasing activity in 2009 of 78,500 square feet to ProTrans International and ProTrans Reynosa at Ridge facilities in McAllen, TX and Reynosa, MX.

The Sharyland Business Park, located near the Miller International Airport, serves companies as a logistics hub that allows efficient transportation to and from Mexico, as well as quick access to both Highway 281 and U.S. Route 83. The industrial development is also near the newly opened Anzalduas International Bridge which provides an essential link to and from Reynosa, MX, and further south to Monterrey, MX.

“Ridge Property Trust combines state-of-the-art amenities with superior locations, which provides organizations with operational advantages and efficiencies for distribution of their products,” said Kent Newsom, vice president at Ridge Property Trust. “Ridge has continued to attract organizations that see the value of locating in the McAllen/Reynosa area. We look forward to our association with these businesses as we welcome them to the growing group of companies that have selected Ridge Property Trust for their warehouse, distribution and manufacturing space needs.”

Andrew Corporation, Karlee Company, ProTrans Intl., and ProTrans Reynosa join a list of top companies that operate out of Ridge facilities for regional operations, including Sharp Electronics, Black & Decker and ARC Automotive. The buildings leased to these companies feature office area and power to suit, 28-foot clear ceiling heights, side loading docks, 50-foot by 50-foot bay spacing and ESFR fire sprinkler systems.

Paul Douglass and Joshua Aguilar, Grubb & Ellis|Select, represented Ridge Property Trust. Terms for the 218,812 square foot leasings have not been disclosed.

Contact:
Paul Newmann, Fleishman-Hillard
(312) 932-2837 (office)

About Ridge Property Trust
Ridge Property Trust (Ridge), a privately-held real estate investment trust (REIT) with ongoing industrial development in the United States and Mexico, is a leading provider of commercial real estate development services. Combining immediate access to key local decision makers with a highly responsive and streamlined organization, Ridge provides a competitive advantage that makes acquisition and development cost-efficient, customized, and customer-focused. Backed by institutional investors advised by Prudential Real Estate Investors (PREI®), Ridge Property Trust delivers senior executives armed with exceptional local knowledge, worldwide institutional power, discipline, and access to capital – ensuring the best value for brokers, sellers and end users alike. Ridge Property Trust is based in Chicago and has regional offices throughout the United States. For more information, visit www.rptrust.com or call (562) 856.3819.

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WSJ: Drug war stalks little texas boomtown

May 4th, 2010

The Wall Street Journal recently visited McAllen for the day to report about the impacts of violence on Mexico on the McAllen economy. The reporter met with McAllen Economic Development Corporation President/CEO Keith Patridge to discuss the situation throughout Mexico. From the article: “The gunplay hasn’t erupted in McAllen itself, but people here fear their hard-won economic gains, already dimmed by the recession, are under threat.
“So far, the violence has acted as a disruption,” said Keith Patridge, whose job as president of the local development agency is to attract companies to the area. “If it were to get worse, it would have a big impact.”

To read the full WSJ article, click here

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Reynosa ranked as one of Mexico’s most competitive cities

April 29th, 2010

According to CNN and Indice General de Competitividad Urbana (General Index of Urban Competitiveness, Reynosa, Mexico is one of the top competitive cities in Mexico. While the report indicates all cities continue to face challenges, it ranked the cities based on infrastructure, telecommunications, financial sector, innovation and world-class companies.

Reynosa already is home to many manufacturing companies and offers any size business strategic location and advantages. Reynosa is one of the fastest-growing cities in Mexico and continues to improve its infrastructure. Recently, Reynosa and McAllen opened the widely-anticipated Anzalduas International Bridge which provides a direct link between the industrial areas of McAllen/Mission and Reynosa.

To read more about the recent ranking, click here

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