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Copy of the agreement
Previous Agreement Number:
Officer Title: ERO
Phone Number: 915-275-1039
Email: jquinonez@costx.us
Comptroller’s Online Chapter 380-381 Economic Development Agreements Database
Note: For agreements that do not have a set expiration date, the expiration date will show as 12/31/2078. All information has been provided by local governments. Only agreements that are or were active as of Sept. 1, 2021, when HB 2404 went into effect or agreements that have been entered into, amended or renewed since then are required to be reported to the database.
Socorro
Chapter 380-381 economic development agreement information as reported to the Comptroller by this entity.
About This Local Government
Local government type: City
Local government code: 0011973
Type of agreement: New
Record filed: 06/20/2025 03:04
Address of Local Government
Address
124 S. Horizon Blvd.
Socorro, TX 79927
Contact information for officer/other person representing the local government
Adriana Rodarte
City Manager
915-858-2918
hello@costx.us
Entity Information
Entity Name: Wiwynn Technology Corporation
Assumed Name of the Entity:
Business Address of Entity: 9220 Socorro Logistics Lane, Socorro, TX 79927
Entity Contact Phone Number: 9157827800
Entity Contact Email: josephy_hsu@wiwynn.com
Agreement Information
Effective Date of Agreement: 06/02/2025
Expiration Date of Agreement: 12/31/2078
Counties that the agreement affects: El Paso
Total Monetary Value of Agreement: 1255399.00
Terms on Which Agreement Expires: After ten (10) consecutive grant years. The first year shall be after the issuance of the permanent or temporary certificate of occupancy for the development.
Source of Money Used or Type of Tax Implicated By the Agreement: Personal property tax
Agreement Information
Agreement Number: 0011973
Purpose of Agreement
The applicant will invest a minimum of $92 million in the construction and development of two industrial buildings to be used for manufacturing and testing, and create 514 new jobs while retaining 35 jobs. The City of Socorro agrees to grant property tax funds to not exceed $1,255,399.24.
Copy of the agreement
Previous Agreement Number:
Contact information for person submitting agreement to database
Officer Name: Jose QuinonezOfficer Title: ERO
Phone Number: 915-275-1039
Email: jquinonez@costx.us