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 the 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.
The Port of Laredo is the number 1 inland port along the US-Mexico border crossing over $206 billion in imports and exports in 2020. 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 requires by the company
We congratulate Killam Development Ltd 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 launch pad for international businesses looking to grow in the US.
Learn more about MileOne and set up a business growth strategy session today.
The annual Pathways for Trade Symposium is brought through a collaboration of business associations. This signature event focuses on issues and policies that impact the U.S., Mexico and Canada and industries like transportation, manufacturing, energy, workforce and more.
Last year, due to the pandemic and for the first time the Annual Symposium “Leveraging Change” was hosted online. We look forward to reverting back to a live, in-person event in the September 2021 time-frame.
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 compliments 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 towards 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.
LAREDO EDC 2021 HOLIDAYS
- January 18 – Martin Luther King Day
- April 2- Good Friday
- May 31 – Memorial Day
- July 5 – Independence Day
- September 6 – Labor Day
- October 11 – Columbus Day
- November 11 – Veteran’s Day
- November 25 – Thanksgiving Day
- November 26 – Day After Thanksgiving
- December 23-24 – Christmas Observed
- December 30-31 – New Year’s Observed