SAN ANTONIO (September 20, 2018) – Today, John Carlson, Senior Vice President and Corporate Strategic Business Officer of Sundt Construction, Inc. (www.sundt.com) launched his Chairmanship as the newly elected Chairman of the Board of the Bordernomics Alliance with a speech before a group of business and elected leaders at the 2018 U.S.-Mexico Border Mayors Summit in San Antonio.
The Bordernomics Alliance is a diverse group of bi-national business leaders who are creating a roadmap for prosperity for the US-Mexico Border Region. In addition to Carlson elected as chairman, Ryan Richardson, chief of AHMSA International, Mexico’s largest integrated steel producer was elected Vice-Chairman of the Board. Tracye McDaniel, Founder, McDaniel Strategy Ecosystems and former CEO, Governor Abbott’ Texas Economic Development Corporation, TexasOne, was elected Secretary of the Board.
“We launch our new organization with a singular focus; to deliver the competitive economic advantage for the US/Mexico Border Region. The Bordernomics Alliance will lead regardless of consistent political uncertainty. We are providing our members a competitive advantage by using data-driven research focused on modernized financial strategies for investment that produce positive outcomes,” said John Carlson, Senior Vice President and Corporate Strategic Business Officer of Sundt Construction and Chairman of the Board of the Bordnernomics Alliance.
There is an enormous economic potential for increased trade between the border states of the United States and Mexico that is crucial to both nations and is a win-win for both economies. Our data shows if there is a one-unit increase in the Economic Integration Index, a common measure linkage among economies, the 10 border states can create a minimum of 800,000 new jobs and nearly $75 billion in annual Gross Domestic Product in the United States and Mexico.
Gains in employment with a one-unit increase in the Economic Integration Index for US-Mexico border trade include the minimum potential gain in Arizona of $4.49 billion and more than 63,000 jobs; $38.29 billion in California and more than 386,000 jobs; $1.32 billion in New Mexico with more than 16, 000 jobs; $25.25 billion in Texas and more than 235,000 jobs. The projected increase in annual gross product in Baja California is $0.42 billion and nearly 16, 000 jobs; $0.45 billion in Chihuahua with nearly 16, 000 jobs; $0.83 billion in Coahuila with more than 13,000 jobs; $1.83 billion in Nuevo Leon with nearly 28,0000 jobs; $0.62 billion in Sonora with nearly 12,000 jobs and $0.64 billion in Tamaulipas with nearly 12, 000 jobs.
- Bordernomics estimates that annual business activity in the 10-state area includes nearly $9.1 trillion in expenditures.
- Bordernomics analysis of trade indicates estimated total export potential from the ten-state area of nearly $2.3 trillion per year.
Inaugural members of the Border Alliance include: Altos Hornos de México; Genie Holdings; Greater Brownsville IC; International Bank of Commerce; Texas Association of Business; MATT Foundation Inc.; Mission Economic Development Corporation; Sundt Construction and the Texas Association of Dairymen.
To join the organization and become a member go to our website at www.bordernomics.org.
Bordernomics Alliance is a diverse group of binational business leaders delivering to economic opportunities for the US-Mexico border region. Our competitive advantage is data-driven research focused on modernized financial strategies for investment that produce positive outcomes. https://www.bordernomics.org
About Sundt
Sundt Construction, Inc. (www.sundt.com) is one of the country’s largest and most respected general contractors. The 128-year-old firm specializes in transportation, industrial, building and concrete work and is known for its commitment to quality and innovative approach to construction services. Sundt has 11 offices throughout Arizona, California, Texas and Utah and is 100-percent owned by its approximately 2,000 employees. Sundt currently is ranked the 65th largest construction company in the United States by ENR, the industry’s principal trade magazine. The company is consistently ranked among the Best Places to Work by business publications in multiple cities, and it was named the nation’s safest construction company by the Associated General Contractors of America twice in a decade – an honor no other contractor can claim. Sundt’s charitable arm, the Sundt Foundation, recently crossed the $8.6 million mark in donations made to hundreds of nonprofit organizations across the country.
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