Guidelines and Criteria Governing Tax Abatements by the City of Laredo
Recently, Home Goods, At Home, DD’s Discount (2nd location), Ross Dress for Less (3rd location), and Burlington (2nd location) have recently opened up. These stores along with all the other retail stores are continually trying to attract visitors from Monterrey and Mexico City. Daily, thousands of visitors from Mexico flock to Laredo to buy clothing and electronics and half the price of what it would cost them in Mexico.
Port of Laredo Facts.
An abundant, productive, and bilingual workforce makes Laredo an outstanding business or industrial location. With a 2020 estimated population of 255,205, the Laredo MSA is one of the fastest-growing in the U.S.
The Port of Laredo is the number 1 inland port along the US-Mexico border crossing over $248.5 billion in imports and exports in 2021. With IH-35 bisecting the city, all the industrial parks and logistical centers are within 5 miles.
Laredo Economic Development Corporation
The Laredo EDC vision is to provide visionary leadership with integrity, contributing to the economic development and vitality of Los Dos Laredos and Webb County region.
EMPLOYER OF THE MONTH
The employer of the month is selected based on:
- Company’s commitment to the betterment of the community
- Efforts above and beyond the normal scope of job and performance services require by the company
We congratulate FARO WEALTH for their contribution to the development efforts in our region and for being named Laredo EDC’s Employer of the Month!
MileOne is Laredo’s first Co-Working Space and Small Business Incubator. Located in beautiful Downtown Laredo, it is home to over 50 entrepreneurs and creators working on diverse, innovative brands. It serves as an all-inclusive resource for local entrepreneurs as well as a launchpad for international businesses looking to grow in the US.
Learn more about MileOne and set up a business growth strategy session today.
The Laredo Economic Development Corporation is proud to present the 29th Pathways for Trade, The North American Logistics and Manufacturing Symposium in Laredo, Texas Wednesday, September 22, 2022.
This year’s theme was “Port Laredo Trade with the World.” we had experts from our top trade partners such as Canada, China, Sweden, Japan, Mexico, and Thailand, who provided insight on the progress of their country’s trade with Texas and North America as well as the potential future of our country’s partnerships.
The Laredo EDC created the Economic Development Industry (EDI) Award to recognize industries that contribute to the economic well-being of the Laredo and Webb County region.
The EDI recognition complements the mission of the Laredo EDC to promote and foster the economic and industrial development of the Laredo region.
Continuing with a tradition of honoring and thanking an important sector of our community and industry of Los Dos Laredos, Laredo EDC in partnership with Secretaria de Desarrollo Economico de Nuevo Laredo, created the Laredos Dia de la Maquiladora.
This annual event recognizes the industry for its commitment and contribution to the economic development and growth of our region.
Proudly Helping the Economy
As a private sector non-profit organization, we need for you, the private sector, to stay engaged in the process of economic development by supporting the work that this Foundation undertakes. LEDC serves as the primary private-sector point of contact providing assistance to new and expanding business prospects. We promote and market Laredo, Webb County, and our sister city of Nuevo Laredo as a dynamic region for global trade and market opportunities for targeted industries. The LEDC provides community data and economic indicators for business prospects and investors, site selection services, assistance with and screening for incentives from the City, County, and State, and research information requested by clients.