by Carlos Parra | Jun 30, 2023
Shen Guorong, the chairman of Hehe large company (1536), announced on the 30th that the location for the U.S. factory has been finalized. They will invest 3 billion yuan over the course of three years to prepare for comprehensive development in New Mexico. During the...
by Carlos Parra | Jun 27, 2023
The New Mexico Economic Development Department (EDD) has granted funding approval to facilitate the creation of up to 1,255 jobs through the Job Training Incentive Program (JTIP) for fiscal year 2023, resulting in the highest average wage ever recorded for the...
by Carlos Parra | Jun 5, 2023
The new facility is adjacent to Franklin Mountain Packaging’s (FMP) current 140,000-square-foot building at 401 Avenida Ascencion, Santa Teresa, N.M. The company expects to add 60 employees in the next three years, bringing its total employee count at its New...
by Carlos Parra | May 10, 2023
The New Mexico export recap is generated by the International Business Accelerator, which tracks and analyzes the state’s worldwide exports. Companies based in New Mexico exported more than $4.8 billion worth of goods to 151 countries in 2022. This was a 12% decline...
by Carlos Parra | May 9, 2023
Oro LLC is expanding this summer to a 20 acre site in one of New Mexicos Borderplex Industrial Parks. When the facility opens in 2024, Oro plans to create 49 jobs in New Mexico with an average salary of $35,710. Oro identified Santa Teresa for its strategic...
by Carlos Parra | May 9, 2023
Louisiana Pepper Exchange a global chile pepper company announced their major expansion to the Borderplex, located in New Mexico. New Orleans-based Louisiana Pepper Exchange purchased a 10-acre site in the Ironhorse Industrial Park, which provides strategic...
