Fox Valley Molding expanding its Harlingen, Texas payroll by 35%
Harlingen, TEXAS – Fox Valley Molding, a plastic injection molding company located here in Harlingen, in partnership with the Harlingen Economic Development Corporation, is pleased to announce the expansion of their operations. Fox Valley Molding, Inc., was founded in 1984 in Plano, Illinois. Fox Valley Molding is a custom processor of thermoset molding compounds and engineering grade thermoplastics, serving customers throughout North America. Many of their products are used in the manufacturing of appliances.
“Since we started operations in Harlingen in 2001, we knew this strategic location would allow us to serve our customers in the United States and Mexico faster and more efficiently saving us time and money,” said Don Haag, owner. “Harlingen is a city with long-term growth potential, and we are honored by the outstanding support we’ve received from the Harlingen Economic Development Corporation.”
“They will be expanding their existing facility and creating 28 new high skilled, high wage jobs that the city strives to attract.” stated Mayor Chris Boswell. These new jobs will increase Fox Valley Molding’s annual payroll by 35% over the next three years, with very competitive wages and good benefits for the new employees.
Lupita Gutierrez-Garza, incoming Chairwoman and President for Harlingen EDC, expressed her delight in the announcement: “The Board and staff at HEDC understand that real economic growth comes from the creation on primary jobs, and this project does just that. As part of our Business Retention and Expansion Program, HEDC staff reaches out to local manufacturers and helps with expansion plans or other issues that our manufacturers may face, to help them remain competitive in this global economy.
“Small to mid-sized manufacturing companies are the backbone of manufacturing base here in Harlingen, and we strive to help them grow whenever we can. Fox Valley Molding wanted some help with some of the upfront costs of setting up new equipment and with some of the expenses related to expanding the existing facility. HEDC presented them with a proposal to help with some of those expenses based on job creation and the investment being made by Fox Valley Molding,” stated Raudel Garza, Chief Executive Officer for HEDC.
Fox Valley Molding is located within the Harlingen Industrial Park off of FM 509 (an overweight corridor to the Los Indios International Bridge) and Grimes Road on the east side of Harlingen. The Harlingen Industrial Park encompasses approximately 530 acres of land, with only about 80 acres available for sale. There are over twenty companies with a total employment of about 1000 positions, and over one million square feet of manufacturing and warehouse space, with only a seven percent (7%) vacancy rate, within the Harlingen Industrial Park. The Harlingen Industrial Park is strategically-located only two miles away from the Port of Harlingen, one mile away from the Harlingen Aerotropolis, and 13 miles away from the Free Trade International Bridge at Los Indios. The Harlingen Industrial Park is home to other manufacturers such as Cardone Industries, Penn Aluminum, Aloe Labs, Pentair, Atlantic Tool & Die, ITD Metal Stamping, Pan American Hydrogen, and more.
Over the last four years, this concerted effort to bring in primary jobs to Harlingen has resulted in a drop of about four percentage points from 9.1% in August 2012 to a 5.2% rate this past May. That trend is expected to continue as our industrial base grows, and as our healthcare industry grows as well.
For more information on opportunities in the Harlingen area, please visit www.harlingenedc.com.
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