Free Trade Alliance Announces CPS Energy as Newest Partner
SAN ANTONIO, TX. — Free Trade Alliance San Antonio ( Alliance) is pleased to announce that CPS Energy has joined its coalition of community leaders that share San Antonio’s focus on international trade and investment. CPS Energy’s participation as an Institutional Partner will assist the Alliance in furthering its foreign direct investment efforts to attract foreign companies to our region. As a result of the partnership, Steve Bartley, Deputy General Manager of CPS Energy, will serve on the executive committee and board of directors of the Alliance.
Speaking in regard to the new partnership, Tom Long, Senior Manager for Customer Relationships and Economic Development at CPS Energy, commented, "This partnership gives CPS Energy and our customers an avenue to attract new corporate energy users to the region. It will help create jobs that benefit the local economy and community as a whole."
This sentiment was echoed by Kyle Burns, President & CEO of Free Trade Alliance, who stated that "the Alliance has been focused on growing San Antonio globally since it was founded in 1994. The existing and developing infrastructure for trade and investment in the San Antonio region, coupled with some of the lowest energy costs in the nation, make San Antonio a prime location for investment. It is our goal to attract more foreign companies to San Antonio and the region as they look to expand their North American markets."
The foreign investment activities of the Alliance are centered on its International Business Development Center (IBDC) located at Port San Antonio. Through the IBDC, the Alliance provides investors with office space and advises and guides foreign companies as they establish themselves in the U.S. market. The Alliance has assisted over 100 companies to date, with 18 foreign companies currently enrolled in the program. The economic activity resulting from these efforts totaled $5.1 million in 2007, the most recent year for which data is available.
CPS Energy joins the Alliance’s roster of Institutional Partners that includes the City of San Antonio, Greater San Antonio Chamber of Commerce, San Antonio Economic Development Foundation, Bexar County, San Antonio Water System, San Antonio Hispanic Chamber of Commerce, and Port San Antonio.
For more information about this and other Free Trade Alliance projects and events, please visit: www.freetradealliance.org .
The Free Trade Alliance is a public-private alliance comprised of the City of San Antonio, San Antonio Greater Chamber of Commerce, San Antonio Economic Development Foundation, Bexar County, San Antonio Water System, San Antonio Hispanic Chamber of Commerce, Port San Antonio, and CPS Energy. Our mission is to develop and enhance the international trade-related economic development of San Antonio and the region through foreign investment, trade development and advocacy efforts.