McALLEN, Texas – McAllen Economic Development Corporation President Keith Patridge has announced five new industrial parks for his city.
The park that likely excites Patridge the most is a 90-acre campus that will house a high tech operation. Why? Because it is the type of company MEDC has been trying to attract for sometime – a microchip manufacturer.
The Rio Grande Guardian International News Service wrote about the as yet unnamed company opening a software development facility in McAllen a month ago. Now, Patridge has revealed what will follow.
“I cannot tell you where it is at yet but it is a 90 acre single-use campus for a tech company. It is a very unique site and it is one that the company fell in love with,” Patridge said.
“The first part of the project (software development) is not that big. It is the chip manufacturing component that is the big one. They are a software company that has 10,000 employees around the world. They are now moving into this emerging technology sector, the electric vehicles, the autonomous vehicles, the artificial intelligence, and they bought a chip company out of California. That is what they are going to be moving here.”
Patridge said the as-yet unnamed company is already hiring for the software development facility.
Patridge gave similar details to News Talk 710 KURV recently, in another end-of-year review. He told KURV: “The one that we are really pleased with… we have a new 90-acre campus that we will be working with a company on, a technology company, that… their plan is… they just purchased a chip manufacturing company in California and they will be moving that to McAllen, along with some other technology that will be coming. They have already started hiring for their software division and that software division, they will be operating a temporary facility that we are working with them on and that will probably start mid-January of next year and then it will take probably a year and a half to two years for them to get their campus up, so this is not something you will see immediately. But their plan is, they will be building chips here.”
Asked by KURV how many jobs the campus would create, Patridge said he was not sure. He said it depends how quickly the company ramps us production of microchips.
“They are focused on things like EV (electric vehicles), automation, robotics, artificial intelligence, so this is a niche-type company that will be producing chips that will really start focusing on the emerging technology sector,” Patridge told KURV. “We are really excited about it. The company is excited about it. So, we are really pleased. We think this is going to be helpful in moving us where we want to go.”
In his interview with the Rio Grande Guardian International News Service, Patridge added: “Their plans are to relocate a CHIP manufacturing company. This is what we have been looking for. It just so happens the company… Ralph has done a great job, everyone has done a great job, it just fits with what we are doing. They are really excited about it. We do not want to say anything that will potentially queer the deal. This is a game changer for us, it really is.”
The “Ralph” Patridge was referring to is MEDC Vice President Ralph Garcia.
Editor’s Note: The above news story is the first in a three-part series on the work of McAllen Economic Development Corporation in 2021. Part Two will appear in our next issue.
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