Mexico Business Boost

1 decade 1 year 3 months ago Thursday, June 14 2007 Jun 14, 2007 Thursday, June 14, 2007 7:46:50 AM CDT June 14, 2007 in News

Soft Surroundings opened in January hoping to add 100 new jobs in 2 years, but it ended up taking only 6 months. Even the most optimistic didn't think it would happen this soon.

"Yeah, we're pretty encouraged, actually, that they fulfilled that commitment so quickly," Dave Boone Mexico Economic Development Director, said.

The distribution company promised the city at least 100 new jobs in exchange for $2 million in industrial development bonds. The bonds will help Soft Surroundings make improvements and possibly expand the almost 90,000 square foot building.

"And that shows that they have confidence in us, as a city, when they choose to expand where they're located," Mayor Virginia Robertson said.

The company has 15 years to repay the bonds. Then it can buy the building for one dollar. That means more money for expansion and more jobs

"They have about 100 employees for almost 100,000 square feet. So if they double or triple their size, then the number of jobs will go up in a commensurate way. So we anticipate they'll have a couple hundred employees in the next five years," Boone said.

That's good news for this small town. The jobs created at Soft Surroundings are just a small part of the economic growth of Mexico. Officials said unemployment is at a seven-year low and retail sales increased nine percent in April.

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