Category: News

Pharr EDC’s Sinergias Initiative: A Trigger for Industry Growth and Cross-Border Collaboration

Under the strategic leadership of Victor Pérez, President and CEO of the Pharr Economic Development Corporation (EDC), and his dynamic team, Pharr EDC has embarked on an innovative journey with its “Sinergias” initiative. This program represents a fundamental shift from focusing predominantly on Mexico-centered bilateral relations to embracing a broader market engagement approach.

Read more on the Texas Border Business website.

Pharr EDC’s Sinergias Initiative: A Trigger for Industry Growth and Cross-Border Collaboration

 

 

PSJA ISD students attend Manufacturing Day event

Pharr-San-Juan-Alamo Independent School District students recently attended the City of Pharr’s third annual Manufacturing Day, hosted at the Pharr Development and Research Center to celebrate National Manufacturing Day.

The event featured a talk by Victor Perez, President and CEO of the Pharr Economic Development Corporation. Students had the opportunity to engage with industry professionals, participate in panel discussions with higher education partners and manufacturing companies.

David Ortiz, Regional Director of the Texas Manufacturing Assistance Center at UTRGV, emphasized that the new generation’s ability to learn quickly and their access to vast information due to technology could bridge the skills gap.

Read more at Valley Central

https://www.valleycentral.com/news/local-news/psja-isd-students-to-attend-city-of-pharrs-3rd-annual-manufacturing-day-event/

WinTex Tooling Technologies Announces Rebrand, Company’s Continuation in Pharr, Texas

Pharr, Texas – WinTex Tooling Technologies, previously known as Windsor Mold Texas, announces its company name change and rebrand, after its parent company, Windsor Mold Group was sold in March 2023.

The Pharr, Texas, plant is the only location that was excluded from the sale, which led to the company name change and rebrand as WinTex Tooling Technologies (WinTex). WinTex assures its customer base that it will continue operating with the same operational team and the same quality level of service as it has been for more than 30 years.
“WinTex Tooling Technologies will continue to serve all our customers with the same quality and on-time delivery moving forward,” said WinTex General Manager Stew McKee. “The team here at WinTex remains the same and are commited and ready for the next 30 years here in Pharr, Texas,” he added.

“We have had a productive and symbiotic relationship with Windsor Mold Texas here in Pharr and have witnessed its successful growth and development over the past 30 years,” said Pharr Economic Development Corporation President and CEO Victor Perez. “We are happy to hear that WinTex’s continuity of services will remain, and we wish them the best,” he added.

WinTex manufactures and repairs plastic injection molds and its customers base includes Stanley Black and Decker, Technimark, Royal Technologies, Maxi-Lift (Dallas), Starplast (Houston), Marmon Food Services, Elring Klinger (San Antonio) EMU Plastics, Kings ECO Plastics. The company began in Pharr in 1989 in a 4,000 sq. ft. facility, and expanded its plant in 1993 to 14,000 sq. ft. WinTex employees 24 full-time employees.

For more information, visit htps://wintextooling.com/

 

Nearshoring: A Game-Changer in Global Trade and Geopolitics

Nearshoring, the practice of relocating business operations to neighboring countries, is revolutionizing global trade. This strategy offers benefits like reduced logistics costs and enhanced supply chain resilience. Mexico is emerging as a prime nearshoring partner for U.S. companies due to its proximity and trade agreements. Geopolitically, nearshoring is reducing reliance on China, triggering legislative actions, and reshaping global trade dynamics.

However, nearshoring faces challenges like border infrastructure and trade complexities. Investments in infrastructure, supply chain transparency, and cooperation are crucial to navigate this landscape. In conclusion, nearshoring is a transformative force with promising U.S. and Mexican trade prospects.

Read more on the Texas Border Business website.

Nearshoring Trends, Advantages, and Geopolitical Implications

Pharr’s Industrial and Investment Tour: A Day of Opportunities

Pharr EDC and RGV Partnership recently hosted an event at Tierra del Sol Golf Course, highlighting Pharr’s potential as an industrial hub. Key speakers, including Victor Pérez, discussed “nearshoring” and its significance.

Attendees toured Pharr’s industrial parks, gaining practical insights. Plans for future summits and collaborations were announced. The event showcased Pharr’s investment opportunities and the role of partnerships in regional development. It solidified Pharr’s position as a leader in industrial progress.

Read more on the Texas Border Business website.

Pharr’s Industrial and Investment Tour, A Convergence of Opportunity and Innovation

Pharr EDC Launches Support For Cross-Border Investors

The Pharr EDC launched the Pharr Economic Initiative, and paved the way for investors in Mexico to take advantage of the business opportunities right across the border, with a highly successful 1a Cumbre de Negocios in July 2023.

The summit, held in Monterrey, Nuevo Leon, Mexico, brought together investors in Mexico, the Pharr EDC, and their relevant partners to help investors facilitate the process of nearshoring operations in Pharr.

The summit addressed some of the biggest obstacles and questions facing Mexican investors who wish to expand their businesses across the border, and highlighted Pharr as a strategic partner in this endeavor.

Topics of the summit included the following:

Expanding the bridget between Pharr and Mexico
Development of strategic infrastructure such as storage and warehousing
Immigrant and non-immigrant visas
Customs regulations and considerations

The successful summit generated abundant interest and inquiries from potential investors. As the first step in the Pharr EDC’s initiative to promote the city as an ideal location for nearshoring ventures and international business expansion, the summit will be followed by additional resources and another summit.

Pharr President and CEO Victor Pérez also revealed Pharr EDC plans to partner with the University of Texas RGV to develop robust resources, such as legal aid, for international investors.

The goal of the initiative is not only to support Pharr but to expand economic opportunities throughout the entire region, creating mutually beneficial partnerships and encouraging economic and business growth.

Find below the complete article with the Texas Border Business.

Launch of the Pharr Economic Initiative, Forging Cross-Border Business Alliances and Nearshoring Prospects

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