July 11, 2008
July 11, 2008 - Texas Gov. Rick Perry announced plans for the state to invest $1.65 million through the Texas Enterprise Fund to assist Brazil-based Santana Textiles in building a denim manufacturing plant in Edinburg.
Santana Textiles, which has operated since 1945, is South America's largest denim fabric manufacturer and the fifth-largest such producer in the world, with four manufacturing plants in Brazil and one in Argentina. The company will invest $170 million in its Texas venture, which will employ 800 workers.
The Texas Enterprise Fund was created by legislation in 2003 to help secure the growth of Texas businesses and to create employment for Texas workers. Reprinted in part from Textile World Magazine, GA