
Valeo, an automotive technology manufacturer, broke ground on a manufacturing facility in McAllen, Texas.
The company is investing $225 million over the next five years on a 337,000 square-foot facility that will create up to 500 new jobs in the region. The project represents one of the largest industrial investments in the region’s history and is aligned with Valeo’s long-term growth strategy in North America. Production will begin in late 2027.
The plant supports production tied to General Motors and reflects a broader shift toward software-defined vehicles, where a single high-powered computing system replaces dozens of smaller onboard units.
McAllen is home to nearly 150,000 residents. The broader McAllen-Edinburg-Mission metropolitan area has a population exceeding 914,000.
Looking for practical market intelligence and real-time perspective from the leaders actively investing in Phoenix’s multifamily, SFR, and BTR sectors? Save your seat now to connect with the capital, insights, and decision-makers driving the next phase of Phoenix’s multihousing market in-person, at Connect Phoenix Multifamily, SFR & BTR 2026: www.ConnectPHXMF2026.com | Wednesday, April 8th at The Westin Kierland Resort & Spa, Scottsdale.
The post Automotive Supplier Building $225M McAllen Plant appeared first on Connect CRE.
​Â