2015 Annual Report Harlingen Hedc Annual Report 2015 1 Table of from the 2 07 Board of Contents Directors Chairman
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1 Come Home To Harlingen Economic Development Corporation 2015 ANNUAL REPORT HARLINGEN HEDC ANNUAL REPORT 2015 1 TABLE OF FROM THE 2 07 BOARD OF CONTENTS DIRECTORS CHAIRMAN 2015 was a year that saw us complete some economic development FROM THE CHAIRMAN MICHAEL projects from the previous year and initiate some new ones. 02 LAMON You may recall reading about Qualfon in our 2014 Annual Report. CHAIRMAN/PRESIDENT The back office customer contact center opened in Harlingen in 2015 FROM THE DESK OF THE CEO Texas Regional Bank with 170 employees and quickly increased their numbers before the 03 Market President 09 end of year to nearly 400. The global company’s plan is to be at 1,200 new jobs for our community before the middle of 2017. A recent 04 HEDC STAFF renovation to their existing business added another 350 work stations to their building. We’re extremely pleased with Qualfon’s growth and TOP STORIES | UNITED LAUNCH ALLIANCE positive stature within Harlingen’s business community. 05 Palms Behavioral Health (PBH) was also featured in last year’s Annual Report. Much like Qualfon, they are also on track to increase TOP STORIES | HEDC TARGETS AEROSPACE INDUSTRY the number of staff beyond initial projections. Very shortly after 06 unveiling plans for a 72-bed, 200 employee hospital, PBH re-drew their construction plans and added an additional 10,000 square feet to SMALL BIZ NEWS. BIG OPPORTUNITIES. 07 10 LUPITA GUTIERREZ RICK their new facility. Additional demand in health care needs raised the GARZA LEDESMA number of beds to 94 and increased their projected total of health care NEW BUSINESSES VICE PRESIDENT TREASURER professionals to over 225. 10 Southern Commercial Real Data Logic Our 2015 Annual Report will highlight United Launch Alliance Estate Group- Broker/Owner Software - CEO and their decision to remain here for another five years. I’m sure that HARLINGEN RANKINGS many of the current 150 highly-skilled professionals working at the 11 300,000 square foot facility will agree that this announcement is just as important as any one of the many economic development projects in 12 QUALITY OF LIFE Harlingen over the last ten years. This has been an exciting year to be a part of the HEDC Board of Directors. Take a look at our report, read the stories see what’s hap- MARKETING ACTIVITIES 12 13 pening in our community. I think you’ll see why so many companies choose to “Come Home…To Harlingen.” 14 BALANCE SHEET Michael Lamon Dr. J. GILBERT ROBERT B. CHAIRMAN AND PRESIDENT OF THE BOARD LEAL DUNKIN SECRETARY BOARD MEMBER TSTC Texas Community Bank President Emeritus Senior Vice Presdient HEDC ANNUAL REPORT 2015 HEDC ANNUAL REPORT 2015 13 3 FROM THE DESK OF THE 4 CEO One of the things I’ve learned over the In addition, HEDC has continued its past two decades working in economic two-pronged approach to marketing: development and real estate development is business retention and business attraction. PATIENCE. Good deals take time. Good The programs we use to attract companies, negotiations take time. Good projects take such as job creation grants or infrastructure time. But I’ve also heard that time kills grants, are the same programs that we use deals. Don’t hesitate or you’ll lose, they say. to help existing companies grow within It could be confusing to us, but it really is Harlingen. We attended trade shows and about TIMING. Sometimes, one must act conferences dealing with aerospace. We quickly to take advantage of an opportunity, met with site selectors who specialize in the but one must be fully-aware of the market aerospace industry. We created marketing HEDC to act prudently. Other times, patience materials specifically for the aerospace really does pay off. It provides for some op- industry and to promote the Harlingen STAFF portunity to evaluate options and generate Aerotropolis, an idea which began several the best deal for mutual benefit. years ago, but has gained more attention due In 2015, HEDC along with the City of to our marketing efforts. Harlingen, Valley International Airport 2015 is also a year where we continued to worked with United Launch Alliance to experience a declining unemployment rate; reach one of those mutually-beneficial increasing retail sales; steady construction; agreements. It was a business retention continued investment in infrastructure; and project primarily, but with patience and continued ranking as one of the two lowest some additional work, Harlingen has set cost of living areas in the United States. the stage for ULA to continue to grow here Overall, the year will be remembered as RAMIRO MARYANN RAUDEL TANIA LYLE for a very long time. Project Mountain, one where Harlingen kept a burgeoning ALEMAN VILLARREAL GARZA DURON GARZA as it was initially called, began in 2013. It industry cluster here, and where Harlingen INDUSTRIAL OFFICE MANAGER CHIEF EXECUTIVE EXECUTIVE ASSISTANT COMMERCIAL DEVELOPMENT DEVELOPMENT DIRECTOR OFFICER DIRECTOR / MARKETING took time for everyone to understand what saw positive overall economic growth, and O: 956.216.5081 O: 956.216.5082 O:956.216.5084 O: 956.216.5081 DIRECTOR really mattered to each of the entities, and one that set the stage for another great year C:956.367.5275 C: 956.245.1303 O: 956.216.5086 to understand what roles each of the entities in 2016. [email protected] [email protected] C: 956.245.0951 played. Once that was established, the [email protected] project moved forward. Raudel Garza CHIEF EXECUTIVE OFFICER HEDC ANNUAL REPORT 2015 HEDC ANNUAL REPORT 2015 TOP TOP STORY STORY 5 6 REACHING NEW HEIGHTS WITH UNITED LAUNCH ALLIANCE HARLINGEN EDC TARGETS AEROSPACE INDUSTRY IN 2015 With the recent announcements of United allowed HEDC the opportunity to talk to Industrial Development, along with repre- 2015 was another great year for new weather, enable personal device-based GPS even through educational programs that are Launch Alliance extending their lease for a manufacturers about Harlingen. sentatives from Valley International Airport businesses choosing to Come Home to navigation and unlock the mysteries of our now being offered at Texas State Technical 300,000 square foot manufacturing facility HEDC officials also seized this opportunity and Western, LLC, were on hand to meet Harlingen. Texas State Rentals, Mountain solar system. College in Harlingen, specifically because of at the Harlingen Aerotropolis and SpaceX to discuss the new Harlingen Aerotropolis with executives from the aerospace industry Glacier Bottling Company, and Stefa- In 2015, United Launch Alliance ULA.” building a launch pad only 30 miles away in at Valley International Airport. Earlier in at a global level. The event allowed them to no’s Italian Restaurant are just three of announced plans to renew their lease in Over the last twenty-seven years, ULA has Cameron County, the Harlingen Economic 2015, the 480-acre air park was recognized as gain insight into the industry and strength- many new success stories that merit their Harlingen, and as such, continue manufac- played an important role in the US’s presence Development Corporation believes that tim- a Certified Site and ready to be developed by en the collective efforts concerning the own featured article in this year’s Annual turing rocket components at their 350,000 in the aerospace industry. Whether it’s been ing couldn’t be better to target the aerospace McCallum Sweeney Consultants, one of the recruitment of new business to South Texas. Report. All invested abundantly in the square foot plant within Valley International to aid our military in reconnaissance or by industry. In fact, if you ask industry experts, world’s leading site selection and economic Cindy Gettig, Marketing and Develop- community and hired staff and created Airport. The announcement also meant that helping guide travelers on out of state trips they’ll say that the aerospace industry will development consulting firms. ment Coordinator for Western, LLC stated, opportunities that serve at the root of our 150 highly skilled and well trained aero- with GPS technology, ULA’s rockets are define the future of the South Texas region Space Symposium “Overall the experience was very educational mission here at the Harlingen Economic space professionals will continue to live and somehow intertwined in our daily lives. Not for generations to come. The Harlingen EDC In the spring of 2015, HEDC Chief Exec- and encouraged new strategies and avenues to Development Corporation. To make a work in an area that has quickly become the too many people know that many of those agrees that aerospace will be more important utive Officer Raudel Garza attended the 31st take in order to reach the right industries that difference in the day to day lives of our aerospace cluster of South Texas. vital components on every rocket have been to the region in the future, and thus has initi- Space Symposium held in Colorado Springs, can benefit from expanding or relocating into community. A development agreement between ULA, manufactured here in Harlingen for more ated steps to attract companies in this sector. CO. The event attracted space leaders from the Harlingen area.” This year’s top story, however, is the City of Harlingen, and the Harlingen than two decades now. We’re delighted that Houstex Expo Conference around the world to discuss, address, and plan HEDC will market Harlingen this not about a new business coming Economic Development Corporation was ULA will be staying and truly making our The Harlingen EDC joined United Launch for the future of the space industry. The space upcoming year by attending new trade to Harlingen. It’s a success at the root of helping seal the deal to keep community South Texas’ aerospace cluster for Alliance at the Houstex Expo in 2015.