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Location Makes "Cents"
McAllen MSA (metropolitan statistical area) is out pacing the rest of the nation in population and job growth.
The fact that the area has a very
young trainable labor force, and the incredible opportunities that the city's growth offers, constitute reasons why McAllen has become the primary site for companies to set up operation on the U.S/Mexico border.
The
McAllen MSA is currently in phase three of its economic development strategy. This phase involves the attraction of regional and corporate headquarters to the McAllen MSA. Globalization of the world economy has changed
the rules of business and the nature of competition.
Most companies are striving for leadership in a very dynamic global economy. For that reason, they are looking for specific areas that will give them access to new
markets.
Through the implementation of NAFTA and the continued integration of the maquila operations, many corporate companies are looking at locating their regional and corporate facilities in McAllen. The primary
reason for this economic development phase is the proximity the companies would have to their principal manufacturing plants in Mexico and Central and South America. McAllen MSA is home to almost 100 Fortune 500
companies.
The ability to market and sell both north and south from a central location is the key to international trade in the trade block created under the NAFTA.
As the tremendous markets open more and more in
Mexico, Central and South America, companies are looking for the most strategic location from which to distribute their products to one of the fastest developing markets in the world.
Because of the quality of life,
the medical facilities, the logistic advantages and the bicultural/bilingual population of the areas, McAllen truly makes "cents" to companies with the foresight to lead the field and to be competitive in a rapidly
growing global market place. |
