BROWNSVILLE, Texas (ValleyCentral) -Cameron County is close to securing a deal that will bring a historic international bridge under its ownership.
The county has entered into an agreement to purchase an ownership interest in the Brownsville & Matamoros Bridge Company, which owns the Brownsville & Matamoros Bridge (B&M Bridge), from Union Pacific Railroad, according to a news release.
The transaction is expected to close in late 2025 or early 2026, ending a negotiation process that started nearly two years ago.
“Securing the Brownsville & Matamoros Bridge Company is a transformative moment for Cameron County,” County Judge Eddie Treviño Jr. stated in the news release. “We’re preserving a vital piece of binational infrastructure and deepening our partnership with Mexico to support bi-national transportation, commerce, tourism, and cultural exchange, which has a tremendously positive impact on Cameron County and the entire Rio Grande Valley.”
Cameron County officials will formally consider the stock purchase agreement for Union Pacific's ownership interest in the Brownsville & Matamoros Bridge Company at the next commissioners court meeting scheduled for Tuesday, Oct. 7, at 9:30 a.m.
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