Posted: 7:07 pm MST November 17,
2009Updated: 9:37 pm MST November 17,
2009
EL PASO, Texas -- While there is nothing good about the turmoil is Juarez, many business owners are picking up and bringing their business to El Paso, and those jobs and investments are a welcome thing in a tough economy.At Burritos Crisostomo in west El Paso, the tortillas are being made, the fillings being stirred and money is coming in."This is a family owned and operated business we started our operations on Jan. 7, 1980 back in Juarez,” said Luis Anzures, part of the family that owns Burritos Crisostomo. "Now we have five stores in Juarez and two tacos places, and this is our first store here in El Paso."And the Anzures family isn’t the only one making the move across the border."We've helped start about 200 small, minority and women owned type of businesses in El Paso that otherwise wouldn't have started. That have come over within the last nine months, nine to 10 months," said Cindy Ramos-Davidson, CEO of the El Paso Hispanic Chamber of Commerce.That is a 40 percent increase compared to this time last year, according to Ramos-Davidson."El Paso is a jewel, because it is not struggling as bad as other markets across the country,” Ramos-Davidson said.At the same time, Juarez and other areas in Mexico are struggling with violence from an ongoing drug war."We came over first for business reason, and while we were coming over the safety reasons started to kick in, so we pushed the project a lot faster," Anzures said.The new businesses mean tax money, jobs and purchases being made in El Paso." We're buying El Paso produce along with all the other stuff. We're buying it from El Paso companies that are based here in El Paso," Anzures said.The Anzures family is doing so well they are planning on opening another location in the beginning of next year in East El Paso.
Copyright 2009 by KFOXTV.com. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
Which companies received money from the Troubled Asset Relief Program, or TARP? And which companies have begun to repay the government? Find out with our interactive graph. Full Story ››
In Bored Room: Are you looking to save a few bucks this spring? Instead of heading to the shopping mall, consider searching for items at yard sales, garage sales and flea markets instead. Full Story ›› Plus: Where Are 'Rhoda' Stars Today?
Juarez Businesses Boom In El Paso
Posted: 7:07 pm MST November 17, 2009Updated: 9:37 pm MST November 17, 2009
Copyright 2009 by KFOXTV.com. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.