RAYMONDVILLE – A new investment is set to help Raymondville following the closing of the Wal-Mart.

The site of the former store is now home to a cotton warehouse owned by a Rio Grande Valley agriculture firm.

Wal-Mart closed in January 2016, affecting some 150 jobs.

CiL President Joaquin Spamer said they will employ 10 workers during the cotton season. He said they want to stay positioned to make fast international exports.

“The most important area for the cotton crop is Raymondville. So, we needed to establish ourselves in Raymondville in order to expedite the shipments of local cotton faster,” he said.

The city of Raymondville welcomed the investment.

Spamer said the warehouse will operate 24 hours a day during the cotton season.