Roberto H. Gonzalez

As financial fraud continues to affect consumers and businesses across the country, Texas Regional Bank Chairman and CEO Michael Scaief is urging Texans to make fraud prevention part of everyday life, arguing that protecting financial accounts is no longer solely the responsibility of banks but also of every household and workplace.

Economic development leaders from across Rio South Texas told business representatives from the San Luis Potosí Automotive Cluster that regional collaboration, transportation infrastructure and workforce development position South Texas as a strategic partner for Mexico's expanding automotive industry.

Texas State Rep. Christina Morales of Houston used a brief appearance at the conclusion of a South Texas Builders Association forum to call for humane immigration policies, honor construction worker Lorenzo Salgado Araujo and encourage voters to consider candidates' positions on immigration.

Cross-border collaboration took center stage on June 11, 2026, as COSTEP welcomed the Cluster Automotriz de San Luis Potosí, regional economic development corporations, and strategic partners for a special meeting and networking session at the Cambria Hotel in McAllen, Texas.

The South Texas Builders Association brought together business leaders, elected officials and immigration advocates for a forum focused on workforce shortages, housing affordability and immigration policy, with speakers urging bipartisan cooperation and legal workforce solutions for the construction industry.

ZERLUMA held a groundbreaking ceremony July 28 for a $50 million aluminum recycling and advanced manufacturing facility in Mission, an investment city officials described as one of the largest private-sector projects in the city’s histor

Warehousing, temporary duty-free storage, and access to multiple transportation systems were among the topics discussed when representatives from San Luis Potosí met with Rio South Texas region economic development officials on June 11, 2026.

The San Luis Potosí Automotive Cluster connects manufacturers, suppliers, universities and government agencies through a nonprofit organization focused on training, industry needs and business opportunities, its director told Rio South Texas region economic development officials.

Planned electric-vehicle production at BMW’s San Luis Potosí plant was presented as part of Mexico’s changing automotive industry during a June 11, 2026, meeting between the state’s automotive cluster and Rio South Texas region business leaders.

COSTEP presented Rio South Texas region as a binational transportation and investment corridor during a June 11, 2026, meeting with representatives of the San Luis Potosí automotive industry.