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Latest South Texas Stories

2011-07-11 11:00:00

HOUSTON, July 11, 2011 /PRNewswire/ -- M&G Group, the largest producer of PET for packaging applications in the Americas, has selected Corpus Christi, Texas, as the location for construction of its previously announced one million tons per year PET plant (2.2 billion pounds) and accompanying 1.2 million tons per year (2.6 billion pounds) PTA plant. The new plants will generate approximately 250 new jobs. An additional 700 indirect positions are anticipated and as many as 3,000 jobs...

2011-06-21 09:27:00

EDINBURG, Texas, June 21, 2011 /PRNewswire/ -- Santana Textiles, a Brazilian denim manufacturer, recently completed development of a 33-acre facility in Edinburg, Texas. The new plant will house the company's spinning and weaving operations and storage warehouses, along with its 800 employees. The Edinburg facility will be Santana Textiles' largest, and will produce high quality denim lines for fashion designers. "The fact that a Brazilian manufacturer chose to build their newest plant...

2011-06-21 07:00:00

NYSE Amex Equities Exchange Symbol - UEC CORPUS CHRISTI, TX, June 21, 2011 /PRNewswire/ - Uranium Energy Corp (NYSE AMEX: UEC), (the 'Company') today issued a Mid-Year Shareholder Report. The report from CEO Amir Adnani follows in its complete form: Dear Shareholder, I am pleased to present this mid-year report for Uranium Energy Corp. I want to thank you for your continuing support as a UEC shareholder. Your confidence in the Company and its management is truly valued and...

2011-05-03 06:30:00

CLEVELAND, May 3, 2011 /PRNewswire-FirstCall/ -- Applied Industrial Technologies (NYSE: AIT) today announced that it has acquired the assets of Gulf Coast Bearing & Supply Co. of Corpus Christi, Texas. Gulf Coast Bearing & Supply is a full line bearing and power transmission distributor with locations in Corpus Christi and Pharr, Texas. Terms of the sale were not disclosed. Founded in 1985, Gulf Coast Bearing & Supply serves a broad range of customers in South Texas, primarily...

2010-07-28 11:51:00

EDINBURG, Texas, July 28 /PRNewswire/ -- Business is booming in Rio South Texas. New manufacturing plants are being built, existing industrial operations are expanding and new retail is coming online. This new activity will create more than 1,500 new jobs in one of the fastest growing and most affordable regions in the country. New Manufacturing Operations Santana Textiles of Ceara, Brazil, one of the world's largest denim manufacturers, will build a $180 million, 300,000 SF plant in...

2010-07-22 12:35:00

EDINBURG, Texas, July 22 /PRNewswire/ -- In addition to offering global manufacturing companies one of the most competitive locations in the world, Rio South Texas has some of the best secondary and higher education institutions in America. These public schools are nationally recognized for everything from challenging high school students with college-level courses to offering the best graduate programs in a number of disciplines. Best High Schools in America Newsweek recently released...

2010-06-21 10:43:00

EDINBURG, Texas, June 21 /PRNewswire/ -- Successful regional economic development has to focus on more than tax incentives, skilled labor pools and transportation infrastructure. In considering possible locations for starting or expanding operations, corporations look closely at quality of life issues such as the availability of excellent healthcare. And Rio South Texas has a healthy quality of life outlook, with six of the nation's safest hospitals among its offerings. Six Hospitals in...

2010-02-16 05:15:00

HOUSTON, Feb. 16 /PRNewswire-FirstCall/ -- Evolution Petroleum Corporation (NYSE Amex : EPM) today reported financial and operating results for the three months ended December 31, 2009, the second quarter of the Company's fiscal year ("Q2-10"). Oil and gas volumes in Q2-10 increased 22% to 31,238 barrels of oil equivalent ("BOE"), or 340 BOE per day, compared to the three months ended December 31, 2008 ("Q2-09"). Oil and gas revenues in Q2-10 increased 16% to $1.2 million compared to $1.0...

2009-12-17 16:06:00

HOUSTON, Dec. 17 /PRNewswire-FirstCall/ -- Copano Energy, L.L.C. (Nasdaq: CPNO) announced today that the Federal Energy Regulatory Commission (FERC) has issued an order denying Transcontinental Gas Pipeline Corporation (Transco) authority to abandon its McMullen Lateral pipeline in South Texas by sale to Copano. Copano's agreement to purchase the McMullen Lateral from Transco, announced in October 2008, was contingent on receipt of FERC authorizations. "Although we are disappointed by...

2009-09-14 06:00:00

MCALLEN, Texas ,Sept. 14 /PRNewswire/ -- In a region heavily dependant on cross-border trade comes the Anzalduas International Bridge, the nation's newest crossing into the industrial border cities in Mexico. There are over one million people working at some 4,000 maquiladoras concentrated along the U.S./Mexico border. Maquiladoras are manufacturing or export assembly plants operated in Mexico under preferential tariff programs established by the U.S. and Mexican governments. The...