Company to Create 800 Jobs in Edinburg
AUSTIN – Gov. Rick Perry today announced the state will invest $1.65 million through the Texas Enterprise Fund (TEF) in Santana Textiles to establish a denim manufacturing plant in Edinburg, creating 800 new jobs and $170 million in capital investment.
“Santana Textiles’ decision to open its first North American plant in Texas speaks volumes for our state’s attractive business climate and the incentive package we were able to provide through the Texas Enterprise Fund,” said Gov. Perry.
Santana Textiles is the fifth largest producer of denim in the world. Headquartered in Brazil, the company has been in operation since 1945. It currently operates four manufacturing plants in Brazil and one in Argentina.
“The City of Edinburg is very excited to work with the Governor's office in securing the Texas Enterprise Funds to allow Santana Textiles to come to the City of Edinburg,” said Edinburg Mayor Joe Ochoa. “The City and the Governor's office worked very hard in convincing this company to locate here. Santana Textiles will bring a lot of jobs and economic development to the City of Edinburg.”
At Gov. Perry’s request, the legislature created the TEF in 2003 and re-appropriated funding in 2005 and 2007 to help ensure the growth of Texas businesses and create more jobs throughout the state. The fund has since become one of the state’s most competitive tools to recruit and bolster business. To date, the TEF has closed the deal on projects generating more than 51,600 new jobs and $13.6 billion in capital investment in the state.
For more information on the Texas Enterprise Fund, please visit http://www.governor.state.tx.us.
Political advertisement paid for by Texans for Rick Perry