LAREDO - Con Way — a leading transport company in the domestic and international markets — will sign an agreement with the city to build offices in Laredo and create 50 new jobs in exchange for tax incentives.
The company will locate in a large building in the area of Mines Rd. The project should be completed in two years and will create 50 new jobs.
Con Way agreed to invest approximately $4.4 million in the construction of its new operating offices in Laredo and in return will receive nearly $33,000 in reimbursement for various municipal permits.
They will receive a waiver of $30,755 in property taxes over a period of five years when they comply with the commitments made, especially the creation of 50 full-time jobs.
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