Reynosa Emerges as Strategic Hub for Foreign Investment

Reynosa continues to solidify its position as a key destination for foreign investment and corporate expansion, according to Ralph García, Director of Operations, McAllen Economic Development Corporation (MEDC). García highlighted several ongoing projects within manufacturing, automotive, advanced manufacturing, and energy sectors.

“At least two new projects are underway, alongside four expansions of existing companies seeking to increase their production capacity,” García said.

Each project is estimated at around US$5 million, expected to create 200 jobs through expansions and between 200 and 400 additional positions via supplier companies entering the market.

Accompanied by Rafael Ortiz, MEDC’s representative in Mexico, García also emphasized ongoing collaboration with the government of Tamaulipas to develop an electronics cluster in the region, strengthening Reynosa’s competitiveness and international appeal.

“While US tariffs and taxes have an impact, these are considered natural industry cycles. What matters is that we continue supporting businesses to maintain and expand operations in this area,” García said.

Through these projects, MEDC reinforces its commitment to fostering economic growth not only in South Texas’ Rio Grande Valley but also in Tamaulipas border municipalities, positioning Reynosa as a strategic hub for binational investment, employment, and economic development.

With a metropolitan population of 2.4 million, McAllen is located at the heart of North America’s fastest-growing population corridor. The city has developed into a thriving hub for advanced manufacturing, employing more than 145,000 people, and supports a retail sector generating over US$17.5 billion annually. McAllen also ranks as the leading port of entry for agricultural products. In addition, the city boasts a growing medical industry anchored by the new UTRGV School of Medicine, according to MEDC.