Company Announces Multi-Million Investment
By: Francisco Diaz
The Laredo Sun
LAREDO, TEXAS – After obtaining an exemption on paying taxes for 5 years by the county, Celadon Trucking, one of the largest trucking and logistics agencies in the nation, announced their plans to build a new terminal in Laredo with a $15 million dollar investment.
Patricio Gonzalez, manager of the terminal, said that this expansion takes into account the growth of international trade in Laredo.
“We had attractive offers from McAllen to change operations, but we decided to stay in Laredo and have our base in this port,” he said.
He stressed that the region boasts a tremendous amount of growth for customs activities such as transport, logistics and storage of goods in warehouses.
“We already have 51 acres of land ready in north Laredo by Interstate 35. The name of the project is Hachar,” he said.
The new terminal will have the capacity to accommodate more than 100 boxes simultaneously, a very large number for a transport company.
“We have over 25 years of operating in Laredo with 70 employees and we will add 30 more jobs,” he said.
Gonzalez said Celadon handles about 11,000 annual border crossings and transports about 250 boxes a day in Laredo, the highest figure in the company.
“We hope to have the new terminal ready for the second quarter of next year and plan to start using it immediately,” he said.
The employer stated that Laredo has a high growth potential and a prime geographic location and therefore the decision to build the new terminal here and not in McAllen.
He said the current terminal will become a training center for truck operators.
The Commissioners Court approved to give Celadon an incentive that will allow them to not pay taxes on the new building, with the exemption of paying building permits.