Mexican recycler Zerluma broke ground this week on a $50 million facility in the Rio Grande Valley.

The 90,000-square-foot plant will rise in Mission, where it will manufacture aluminum billets for North American customers. An aluminum billet is a solid, semi-finished block or cylinder of cast aluminum used as raw feedstock for CNC machining, extrusion, or forging.

The firm expects to create 70 permanent jobs and $120 million in annual economic impact. The development will be built at 300 Trinity St. Mission is just north of the Mexican border.

The Rio Grande Valley has drawn numerous manufacturing investments in the last few years. In McAllen, a European automotive supplier committed to investing $225 million in a production facility.

Further east, the Port of Brownsville has received billions in planned investment from autonomous shipbuilder Saronic Technologies, Elon Musk’s SpaceX, Turkish firm Karpowership and others.

The post Recycler to Open $50M Rio Grande Valley Plant appeared first on Connect CRE.