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El Paso Electric New Mexico Economic Development Fund Aids Chile Processor’s Expansion in Southern New Mexico
Mesilla Valley Economic Development Alliance (MVEDA) along with the El Paso Electric New Mexico Economic Development Fund (NMEDF)presented a check to M.A. and Sons, Inc. The $75,000 was invested in cold storage. The cold storage facility will allow M.A. & Sons to store their chile products on site instead of transporting them to third-party storage providers out-of-state and benefit local growers by providing additional storage outlets for their products. MVEDA supported the Community...
Schneider Electric Announces Major Expansion in the Borderplex
Schneider Electric, the global leader in the digital transformation of energy management and automation, today announced it will construct a new 160,000 square foot manufacturing plant in El Paso, Texas as part of a $100 million regional investment to increase production and speed the delivery of electrical products to customers in Canada, Mexico, and the United States. It is expected to be completed in late 2022 and is expected to employ approximately 400 new employees. The facility will be...
Artico Cold Management Announces New Facility in Las Cruces
Artico Cold Management announced today that it is planning to make the New Mexico Borderplex one of its first locations for a chain of specialized refrigerated warehouses. The company has been awarded $600,000 in economic assistance from the State of New Mexico’s LEDA job-creation fund, $281,400 from the City of Las Cruces’ LEDA job creation program and $100,000 from El Paso Electric’s NM Economic Development Fund. Artico Cold New Mexico LLC will construct a 120,000-square-foot, $30...
Artico Cold Management Announces New Facility in Las Cruces
Artico Cold Management announced today that it is planning to make the New Mexico Borderplex one of its first locations for a chain of specialized refrigerated warehouses. The company has been awarded $600,000 in economic assistance from the State of New Mexico’s LEDA job-creation fund, $281,400 from the City of Las Cruces’ LEDA job creation program and $100,000 from El Paso Electric’s NM Economic Development Fund. Artico Cold New Mexico LLC will construct a 120,000-square-foot, $30 Million...
Wind and Solar Supplier WTEC Energy Will Create 315 Jobs in the NM Borderplex
New Jersey-based Wind Turbine & Energy Cables Corp. (WTEC Energy) will redevelop an empty facility in rural Doña Ana County and create 315 manufacturing jobs. The expansion will be aided by $2 million from the State of New Mexico’s Local Economic Development Act (LEDA) job creation fund and $100,000 from the El Paso Electric New Mexico Economic Development fund. The local fund is administered by the Mesilla Valley Economic Development Alliance (MVEDA) and the Community Foundation of...
Wind and Solar Supplier WTEC Energy Will Create 315 Jobs in the NM Borderplex
New Jersey-based Wind Turbine & Energy Cables Corp. (WTEC Energy) will redevelop an empty facility in rural Doña Ana County and create 315 manufacturing jobs. The expansion will be aided by $2 million from the State of New Mexico’s Local Economic Development Act (LEDA) job creation fund and $100,000 from the El Paso Electric New Mexico Economic Development fund. The local fund is administered by the Mesilla Valley Economic Development Alliance (MVEDA) and the Community Foundation of...
NMSU’s Arrowhead Center study: Santa Teresa Port of Entry plays a major role in New Mexico’s economy
NMSU study: Santa Teresa Port of Entry major source of NM jobsArrowhead Center, Center for Border Economic Development studied the economic impact of Santa Teresa Port of Entry and the Santa Teresa Industrial Parks. By Cassie McClure Oct 07, 2021 New Mexico State University’s Arrowhead Center and Center for Border Economic Development recently completed a study of the economic impact of border-related economic activity associated with the Santa Teresa Port of Entry and the Santa Teresa...
Electronic Caregiver Expansion to Add 120 Jobs in Las Cruces, New Mexico
Electronic Caregiver has been awarded $1.2M in New Mexico Job Training Incentive Program (JTIP) funding to support plans to expand and create 120 new employees at an average hourly wage of $22.15. It will also receive $135,000 in WagePlus funding from the City of Las Cruces and $100,000 through El Paso Electric’s New Mexico Economic Development fund administered through the Mesilla Valley Economic Development Alliance (MVEDA) and the Community Foundation of Southern New Mexico. The expansion...
Electronic Caregiver Expansion to Add 120 Jobs in Las Cruces, New Mexico
Electronic Caregiver has been awarded $1.2M in New Mexico Job Training Incentive Program (JTIP) funding to support plans to expand and create 120 new employees at an average hourly wage of $22.15. It will also receive $135,000 in WagePlus funding from the City of Las Cruces and $100,000 through El Paso Electric’s New Mexico Economic Development fund administered through the Mesilla Valley Economic Development Alliance (MVEDA) and the Community Foundation of Southern New Mexico. The expansion...
New Mexico Economic Development Fund, Established by El Paso Electric, Awards $75,000 to M.A. & Sons Chile Products
The New Mexico Economic Development Fund (NMEDF or Fund) is awarding $75,000 to M.A. & Sons, Inc. (M.A. & Sons), to fund capital investments in infrastructure, improvements, and equipment purchases. The Fund, managed by the Community Foundation of Southern New Mexico (CFSNM), was established by El Paso Electric (EPE) to provide $1 million per year for 20 years in support of private businesses, projects and organizations based within EPE’s New Mexico service territory. The Mesilla...
