Tamaulipas not benefiting from near-shoring? Bazan, Peña-Valdés, and Patridge react.

PHARR, Texas - Unlike Nuevo León, Coahuila and Jalisco, the state of Tamaulipas has seen no benefit from the wave of large manufacturing corporations returning to North America from the Far East.That’s according to a report from Index Nacional, the maquiladora trade association.The Index report has caught the attention of economic development leaders in the Rio Grande Valley, who know their region would benefit if Tamaulipas could pull in more mega manufacturing projects. The failure of Tamaulipas to attract corporations that want to come back from the Far East was discussed at two recent Valley events.The first was a Pharr Bridge Board meeting. Both Pharr Bridge Director Luis Bazan and the president of the Greater McAllen Area Chapter of the Asociación de Empresarios Mexicanos (AEM), Francisco J. Peña-Valdés, brought up the subject in reports to the bridge board members. Later the same day, Peña-Valdés discussed it at a webinar AEM hosted that was focused on near-shoring. During the webinar, Peña-Valdés asked with McAllen Economic Development Corporation President Keith Patridge for his analysis.This podcast focuses on Tamaulipas’ failure thus far to benefit from near-shoring, with commentary from Bazan, Peña-Valdés, and Patridge. To read the new stories and watch the news videos of the Rio Grande Guardian International News Service go to www.riograndeguardian.com.