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Laredo Economic Development Corp. and Mile One report $290M in Q1 projects, push diversification strategy
Summary
The LEDC presented an annual update and said 14 years of activity produced $1.49 billion in capital investment; LEDC and its Mile One incubator reported recent landed projects, workforce partnerships and plans to pursue diversification beyond trade corridors.
The Laredo Economic Development Corporation (LEDC) and the Mile One business incubator presented the council with an annual report highlighting recent investment, job creation and plans to diversify the local economy beyond border trade.
Key figures and projects: LEDC leadership reported that since 2011 the organization has facilitated about $1.49 billion in capital investment, supported the creation of approximately 6,600 new jobs and retained more than 500 positions. For the first quarter of 2025 LEDC reported roughly $290 million in landed or committed capital and an…
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