A large electronics manufacturing company based in Taipei, Taiwan has announced plans to build a manufacturing facility in El Paso.
The company Pegatron says it wants to build a plant in the southwestern U.S. in order to be closer to its client base.
Founded in 2007, Pegatron primarily designs network computers, game consoles, and handheld devices, among other products. According to sources, the company has enjoyed annual revenues of nearly $3 billion.
Late last year, Pegatron said that it regarded the electric vehicle industry as a promising source of future growth for the company.
The company already has a working relationship with Tesla, which plans to open a manufacturing facility by the end of this year near Austin, Texas.
Where exactly the new Pegatron facility in El Paso will be built, and how much it will cost, has not yet been announced.
By Garry Boulard
