Month: August 2024

Pharr EDC Foundation Invests in the Future of 122 Promising Scholars

Posted on August 6, 2024 by - Uncategorized

Pharr EDC Foundation Invests in the Future of 122 Promising Scholars

On May 9, 2024, the City of Pharr, Pharr EDC, and Pharr Economic Development Foundation hosted the 2024 Scholarship Awards Ceremony at Regency Hall, honoring 122 students from Pharr and the PSJA area. The event celebrated the students’ academic achievements and community impact. Perla Tamez Casanova and Victor Pérez highlighted the importance of education in economic growth and personal success. Annabel Cardona, CEO of the Valley Grande Institute, encouraged students to remember their roots and community support. The ceremony, funded through various events and donations, underscored the region’s commitment to fostering future leaders and celebrated the bright future toward which the community strives.

Phar Celebrates Greenway´s Milestone

Posted on August 6, 2024 by - News

Greenway’s Milestone in Pharr, Texas

Pharr’s cold storage capabilities are expanding, thanks to a planned construction by LakeWay Produce’s sister company, Greenway Construction. Over two phases, the building will grow from an initial 50,000 square feet to a final 94,000 square feet of cold storage space.

The construction comes on the heels of another Greenway-built cold storage facility that opened earlier this year with a total of 44,000 square feet of space. Ramon Mery, CEO of LakeWay Produce and Greenway Construction has publicly praised Pharr and the surrounding area for providing an environment where produce companies can be “more competitive, more efficient, and better positioned.”

Pharr is about to land 700,000 Square Foot Warehouse: Largest in Region

Posted on August 6, 2024 by - Foundation, News

Pharr Announce Massive 700,000 Square Foot Warehouse, Largest in Region

Pharr is on the brink of announcing a massive, 700,000 square-foot warehouse, the largest in the region. The project represents a significant milestone for Pharr’s economic development efforts, signaling growth and expansion in the logistics and warehousing sector.

According to Pharr EDC President, Victor Perez, the warehouse is part of a number of projects coming to Pharr that together will provide a million square feet in facilities. Perez also noted that Pharr’s rich quality of life will continue to attract investors and their families, allowing the city to grow. The development is poised to create job opportunities and drive further investment in the region, reinforcing Pharr’s position as a thriving hub for industrial and commercial activity.

Pharr EDC restore plans to create a new Foreign Trade Zone

Posted on August 6, 2024 by - News

Pharr EDC resurrects plans to create a new Foreign Trade Zone

The Pharr EDC and Hidalgo County are resurrecting plans to establish a new Foreign Trade Zone in the area, aiming to enhance economic growth and attract businesses.

What Pharr EDC President Victor Perez calls a “regional” project could include a number of RGV cities, including Donna, Weslaco, Edinburg, and potentially others. It would join 4 other FTZs in the Rio Grande Valley, in a response to the growth of activity at the Pharr International Bridge.

While the timeline for the project is not yet set. he FTZ designation will provide companies with cost-saving benefits, including exemptions on duties and tariffs for imported goods. By creating this zone, Pharr hopes to increase trade and investment opportunities, further solidifying its position as a strategic hub for international commerce.

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