Tag Archives: Weslaco EDC

Valdez Sets Sights High For Weslaco EDC

Steven M. Valdez

The Weslaco Economic Development Corporation has a new executive director and its new leader comes from within the organization. Steven M. Valdez was selected as the executive director by the EDC’s board on May 19. Valdez formerly served as the EDC’s director for nearly five years. He comes into his new job with an understanding of the organization’s key functions. He also knows how it interacts with city government. Those…

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Weslaco EDC Assists Businesses With Much-Needed Loans

Small businesses in Weslaco are the recipients of a special loan/grant program from the city’s EDC.

The Weslaco Economic Development Corporation has awarded 37 local businesses with financial assistance from its small business loan/grant program. The program was announced in early May to help small businesses cope with the fallout of COVID-19 hardships. The EDC said the loan/grant program helps with payroll, mortgage, rent, utilities and basic operation costs.  “The growing economy in Weslaco has based its success on the traditions set by our small business…

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Containing COVID Is Key To Economic Recovery

Restaurants and retailing have been hurt badly by COVID-19 outbreak and business shutdowns. (VBR)

The Rio Grande Valley’s economic recovery from the COVID-19 crisis will be prolonged. It could take 12-to-18 months, at the minimum, said leading bankers and economic development specialists. They say the recovery from the widespread business shutdowns this spring will stretch well into 2021. Recovery will also be dependent on one key factor. “It’s all going to depend on how we contain COVID,” said David Deanda, the president of Lone…

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Kapal Gains State Designation

The Donna facility of Kapal Industries, a cabinet and countertops manufacturer.

Irineo Capetillo knows what it’s like to navigate through the birth, emergence and subsequent struggles of a business that even in success, needs assistance if it hopes to see further growth. Going into 2019, Capetillo knew his Kapal Industries had outgrown its Donna facility. He also needed a second facility to expand his cabinet making and countertops manufacturing operations. The early search for a second facility in the Rio Grande…

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Pointing a Business Skyward

Esteban Mejia Jr., founder and owner of Sky I.T. Solutions

Esteban Mejia Jr. has the restless energy of an Air Force veteran who once worked long shifts as a nuclear cruise technician. Returning home, the Mercedes native built an information technology business from scratch. He’s now working to extend his brand. “My dad would tell me, growing up, ‘Never back down from work,’’ he said. “So I’m always thinking, ‘what else, what else can I do?’” Mejia is the founder…

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Weslaco Hosts Century Leader Luncheon

(photo Weslaco 100)

Kicking off the Weslaco 100 celebration on Dec. 6 is the Century Leader Luncheon from 11:30 a.m. to 2 p.m. at the Knapp Medical Center Conference Center. Ray Perryman will serve as the keynote speaker. Perryman, the unofficial Texas economist with a sense of humor, is the president and CEO of The Perryman Group,  an economic research and analysis firm based in Waco. His firm’s more than 2,000 clients since inception…

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Tour Highlights Weslaco’s 2019 Developments

Kapal Cabinet operations in Weslaco. (photo Weslaco EDC)

Rolling by the Kapal Cabinet House, a director with the Weslaco Economic Development Corporation makes an observation of what economic vitality means to a city. “Everyone enjoys seeing life back in the building,” said Steve Valdez as he moderates the Weslaco EDC’s 2019 bus tour.  The tour is an annual event that brings together community and business leaders to view Weslaco’s economic gains. They also witness how the EDC’s efforts…

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Moving Cotton To Mexico

Forklift operators work in moving bales to waiting trucks at Commodities Integrated Logistics.

The bays of a brand new 82,500-square-foot warehouse swing open. Truck trailers stand ready to receive freshly packaged 500-pound bales of Rio Grande Valley cotton. “The gins are working 24/7, so we have to be ready,” said Laura Salazar, the general manager of Commodities Integrated Logistics. Salazar walks through the warehouse in Weslaco. Forklift operators are busy transporting packages of cotton to and from the trailers. It’s the cotton season…

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Training Partnership Forms Skilled Workforce

Weslaco EDC, STC partnership

A partnership between the Weslaco Economic Development Corp. and South Texas College is leading to better trained workforces for warehousing, distribution and manufacturing companies in both the Mid-Valley and surrounding areas. A $100,000 STC grant is one component of the EDC’s partnership with the college and its Institution for Advanced Manufacturing. The training provided by the grant is initially focusing on occupational health and safety. The first round of training…

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New Park Coming to Weslaco

Weslaco park groundbreaking

The City of Weslaco held a groundbreaking ceremony on July 23 for a new 45-acre park off of FM 88 and Mile 11 Road. This project will feature a one-mile park trail and additional nature trails, a fitness equipment station. Other athletic amenities will include tennis courts, basketball courts, sand volleyball courts and youth soccer fields. Kids will be able to enjoy a splash pad, while entertainment will have a…

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