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News Releases

Santana Textiles Corporation of Brazil to build $180 million manufacturing plant in Edinburg
DAVID A. DÍAZ
A South American textile company will build a $180 million denim-manufacturing plant in Edinburg, creating 800 new jobs and pumping millions of dollars into the local economy, Gov. Rick Perry and the Edinburg Economic Development Corporation announced on Wednesday, July 2. read more >

News File

EEDC authorizes $10,000 investment to help promote Edinburg through film
DAVID A. DÍAZ
Add film-making as the latest innovative way being used by the Edinburg Economic Development Corporation to promote higher education, cultural enrichment, fine arts, and a positive image of the three-time All-America City. read more >

Edinburg 4.6 percent May unemployment rate keeping pace with Texas, better than U.S. level
DAVID A. DÍAZ
Edinburg posted a 4.6 percent unemployment rate in May 2008, about the same as the Texas rate, and better than the national unemployment level, the Edinburg Economic Development Corporation has announced. read more >

Edinburg's retail economy up almost 3 percent over first four months of 2007, EEDC reports
DAVID A. DÍAZ
Edinburg’s retail economy in April 2008, as measured by the amount of local and state sales taxes generated by a wide range of local businesses, was up almost three percent during the first four months of 2007, the Edinburg Economic Development Corporation has announced. read more >

EEDC may make a final decision in late June on fate of 20-acre site
DAVID A. DÍAZ
A decision could come by the end of June regarding who will receive the approval of the Edinburg Economic Development Corporation to buy and develop more than 20 acres of prime real estate it owns that is located just south of Business Highway 281 along Trenton Road. read more >

Education Service Center expanding Edinburg facility
Rio Grande Business Weekly
Edinburg) - Groundbreaking has been held for a $6.8 million expansion of the Region One Education Service Center in Edinburg. The 38,171-sf expansion will bring the center to over 112,000 sf. The total project will take approximately 474 days with a completion date in mid-August 2009. read more >

Edinburg hoping northern section of planned county loop goes near airport
DAVID A. DÍAZ
If tentative plans for the construction of the Hidalgo County Loop highway project remain on course, the South Texas International Airport in Edinburg – and with it, the local economy – could be big winners in the battle to tap into international cargo transportation markets. read more >

Edinburg’s unemployment rate drops to 4.1 percent in April 2008, same as Texas' record low
DAVID A. DÍAZ
Edinburg posted a 4.1 percent unemployment rate in April 2008, the second-best showing that month among all major Valley cities, and at the same level as the state's record low, the Edinburg Economic Development Corporation has reported. read more >

Edinburg construction passes $16 million through April 2008
DAVID A. DÍAZ
Total construction activities in Edinburg between January and April 2008 passed the $16 million level, with a planned commercial facility owned by Security First Federal Credit Union, valued at $8.6 million, leading the way, according to the Edinburg Economic Development Corporation. read more >

$150 million luxury complex set for Edinburg
Jared Taylor
EDINBURG - Developers are set to build a $150 million complex that promises to bring new luxury condominiums, retail space and a hotel to the city.
The project's developers plan to build a rounded, 14-story tower that would house custom-made condos peaked with a restaurant and bar on the top two floors. Dubbed Sky View Las Palmas, the complex also would include about 200,000 square feet of commercial space, loft-style condo spaces, two parking garages and an upscale hotel, all of which would flank the high-rise.
read more >

Edinburg residents to get first look at planned Hidalgo Loop on May 14
DAVID A. DÍAZ
With a planned $645 million Hidalgo County Loop destined to end up north of Edinburg – probably in the vicinity of the Edinburg International Airport – area residents on Wednesday, May 14, will have their first major look at how it may affect them. read more >

EEDC continues negotiations on property being eyed by DPS
DAVID A. DÍAZ
Negotiations will continue with an unspecified bidder or bidders, including the Texas Department of Public Safety, who have expressed an interest in buying 20 acres of prime real estate owned by the Edinburg Economic Development Corporation. read more >

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