• Free for qualified executives and consultants to industry

  • Receive quarterly issues of Area Development Magazine and special market report and directory issues


Regal Beloit Opens McAllen, Texas, Facility

Regal Beloit Corporation has opened a new 125,000-square-foot facility in McAllen, Texas, that will create 150 jobs. The company is a Fortune 1000 manufacturer that produces items such as heavy industrial and high-tech goods. The McAllen facility will make metal components for rotors and stators for HVAC and refrigerator applications.

"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.


Exclusive Research