McAllen Economic Development Corporation Honored for Securing Valeo Manufacturing Plant
The McAllen Economic Development Corporation received state recognition from the Texas Economic Development Council for its work in bringing the French automotive technology company Valeo to establish a $225 million manufacturing plant in McAllen.
Harlingen Weslaco Brownsville McAllen, TX, November 9, 2026 — The McAllen Economic Development Corporation (MEDC) has been recognized by the Texas Economic Development Council (TDC) for its successful efforts in attracting a significant manufacturing investment to the region. The state-level award acknowledges MEDC’s role in bringing the French automotive technology company, Valeo, to establish a new manufacturing plant in McAllen.
The establishment of Valeo’s facility represents a substantial economic development for McAllen, with the project valued at $225 million. This investment is expected to create jobs and bolster the local economy through advanced manufacturing capabilities.
The specific nature of the recognition from the Texas Economic Development Council was not detailed beyond acknowledging MEDC’s work in securing the Valeo plant. The award highlights the collaborative efforts between local economic development agencies and international corporations aiming to expand their operational footprints.
Valeo is described as a global leader in automotive technology, developing innovative solutions for mobility. The decision to build a new manufacturing plant in McAllen underscores the city’s strategic advantages for attracting foreign direct investment and its capacity to support large-scale industrial projects. Further details regarding the scope of the plant’s operations, employment projections, or the timeline for its establishment were not provided in the summary of this recognition.
Story summarized from the original created by Gabriela Gonzalez on www.valleycentral.com, see more information here.
Media gallery
