MCALLEN, Texas - The Council for South Texas Economic Progress recently signed a Memorandum of Understanding with a cluster of electrical and electronics companies from Tamaulipas.
The aim of the MOU is to strengthen economic, industrial, and technological collaboration between south Texas and northern Tamaulipas.
Adam Gonzalez, CEO of COSTEP, said: “This marks a significant milestone in strengthening industrial collaboration and binational competitiveness across the region.”
The MOU was signed by Adam Gonzalez, CEO of COSTEP, and Sergio Treviño, president of the Tamaulipas Electrical-Electronics Cluster, at the International Museum of Art & Science (IMAS) in McAllen.
Gonzalez said the agreement reinforces COSTEP’s strategy to build partnerships with Mexico’s leading industrial clusters while positioning the Rio South Texas Region as a strategic destination for industrial expansion, investment, and innovation.
“The signing of this Memorandum of Understanding marks the beginning of a new chapter of collaboration between COSTEP and the Tamaulipas Electrical-Electronics Cluster,” Gonzalez said.
“Starting today, we are committed to turning this partnership into concrete actions: creating business connections, promoting new investment opportunities, strengthening supply chains, and supporting the growth of the electrical-electronics sector on both sides of the border.”
Editor's Note: Here is a video recording of some of the key remarks made at the event:
