Governor Abbott Congratulates Laredo Financial Progress Company On Company Expansion | Workplace of the Texas Governor

Governor Abbott Congratulates Laredo Financial Progress Company On Company Expansion | Workplace of the Texas Governor

September 22, 2022 | Austin, Texas
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Press Release

Laredo, Webb County Very well-Positioned For Continuing Economic Enlargement

Governor Greg Abbott today congratulated the Laredo Financial Progress Corporation (EDC) on its robust record for attracting new work and just about $50 million in cash investments by growing and relocating organizations in Laredo and Webb County in 2021.

“Texas proceeds to appeal to new jobs, new corporations, and new investments, and as a final result, far more Texans are working than at any time before in our state’s historical past,” said Governor Abbott. “Critical to that expansion is our dominance in world trade as the major exporting state for 20 a long time and the major tech exporting point out for 9 many years in a row. With its strategic location, the Port of Laredo is the No. 1 inland port alongside the U.S.-Mexico border with in excess of $248.5 billion in imports and exports in 2021. The Laredo location and Webb County are well-positioned for continuing economic growth, and I want to thank our regional, regional, and condition financial enhancement companions for their dedication to attracting, retaining, and increasing careers in South Texas and all throughout this wonderful condition. Working jointly, we will maintain Texas the ideal condition to live, get the job done, build a business enterprise, and increase a family.”

Talking on Governor Abbott’s behalf at the Laredo EDC’s 29th annual Pathway’s for Trade Symposium Event past night time, Adriana Cruz, Government Director of the Governor’s Business of Financial Progress and Tourism, famous the region’s significant contribution to our state’s financial state. “The neighborhood of Laredo supports the Lone Star State’s position as an economic powerhouse,” reported Executive Director Cruz. “Not only is Laredo 1 of the major towns in the nation to start out a business enterprise, but it also serves as a gateway for world trade with Mexico and over and above.”

About the Laredo EDC: A private non-income corporation targeted on advertising and fostering financial and industrial enhancement in the Laredo region, the Laredo EDC gives local community facts and economic indicators for enterprise prospects and traders, web page collection services, support with and screening for incentives from the city, county, and state, and investigation facts asked for by clientele.

The Governor’s Business of Economic Improvement and Tourism is charged with marketing and marketing the condition of Texas as a premier company location and journey desired destination and operates intently with regional and group partners to make sure Texas stays the top rated state for company in the nation. Under Governor Abbott’s management, Texas carries on to established new data for overall work and jobs. Texas has also remained the Greatest State for Business enterprise for a record 18 a long time in a row and been given the Governor’s Cup for the most job-producing corporate relocation and enlargement assignments the final 10 consecutive yrs.

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