Regal Beloit Opens McAllen, Texas, Facility
"We are extremely pleased to be here in McAllen. Our journey started a couple of years ago and encompassed about 10 million dollars investment; a lot of hours of preparation; and working with McAllen Economic Development Corporation, the city of McAllen, the county, and the state of Texas. All that work was worthwhile when we look at where we are headed here." said Henry Knueppel, chairman and CEO of the Board of Regal Beloit Corporation.
Incentives played a key role in attracting Regal Beloit to McAllen. The McAllen Economic Development Corporation worked with South Texas College and the University of Texas Pan-American to develop a work force for the company.
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