Laredo Economic Development Corp. and Mile One report $290M in Q1 projects, push diversification strategy

Apr 22, 2025

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.

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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.

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