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Valley Offers Refuge From Recession PDF Print E-mail
News - Local News

McALLEN (Brownsville Herald) – Driven by sagging auto sales, three auto parts suppliers are hoping to cut costs by moving their operations to The Valley.

Fujitsu Ten Corp. is moving its distribution and logistics operations from Indiana to a newly leased building on Ware Road in McAllen. The move, which should be complete by the end of September, will create 32 new jobs in the area.

Panasonic Electronic Devices Corp. is moving its headquarters to McAllen as well. The company, currently based in Knoxville, Tenn., is also moving its speaker assembly operation from Forks of the River, Tenn., to its manufacturing plant in Reynosa.

Panasonic spokesman Clark Brandon said the speaker assembly operations move should be complete by December, while the headquarters will open in April.

ALPS Automotive Inc. plans to move its support operations from Detroit, Mich., to McAllen.