Former New Mexico Economic Development Secretary Jon Barela described Santa Teresa as “one of the most dynamic communities along the U.S.-Mexico Border.” Here are some of the more recent expansions in the New Mexico Borderplex. You can read other announcements from our news feed.
Ironhorse Resources, Inc. announced the purchase of 1,244 acres in Santa Teresa, New Mexico. The Santa Teresa region, located on New Mexico’s border with Mexico, has been one of the fastest growing industrial areas in the Southwest.
“We expect business development in the Southern New Mexico / El Paso / Juarez, known as the Borderplex region, will occur around Santa Teresa. We’re located adjacent to Union Pacific’s Intermodal & refueling terminal and we are connected to a heavy-haul truck corridor with direct access to Juarez. We are now poised to offer build-to-suit rail solutions for all sizes of industries (big or small)”, said Jeff Baskett, Executive Vice President of Ironhorse Resources.
Ironhorse Resources, Inc., through its affiliate, IHR Holdings, LLC (“Ironhorse”) bought the remaining 1,244 acres of development property in the Santa Teresa Rail Park in Santa Teresa, New Mexico. The Ironhorse subsidiary, Santa Teresa Southern Railroad, is the rail operator with a direct connection to Union Pacific Railroad. Santa Teresa Southern Railroad is unit train capable and has been serving the region since opening in 2012 and now handles rail shipments of Corn Syrup, Feed Grains, Scrap Metal, Windmill Blades and a variety of other commodities.
“As an industrial rail park developer and logistics company, we have seen how vertically integrating land solutions, rail offerings, transload capabilities and trucking solutions creates unparalleled value to our customers. The platform that we offer helps to ensure our customers’ success in any market. We are extremely excited to have the opportunity to assist in driving growth in the community”, adds Matt Cundiff, President of Ironhorse Resources.
Firms such as Union Pacific, Foxconn, and Federal Express have also recently located their operations in Santa Teresa.
For more information about Ironhorse Resources, Inc. visit www.ironhorseresources.com.
On Monday, January 23, 2017, Wholesome Valley Farms announced it invest $12 million over 5 years to repurpose the abandoned egg processing plant in Berino, New Mexico, creating hydroponic greenhouses, seed drying rooms, and cotton seed milling and receiving up to $620,000 in Local Economic Development Act (LEDA) funds for infrastructure improvements.
On Monday, January 23, 2017, Governor Susana Martinez also announced that New Mexico Greenhouse Holdings will create 13 new jobs with the expansion of their New Mexico operations in Mesilla Park. New Mexico Greenhouse Holdings originally invested $2 million to open their Mesilla Park facility in 2015. They will invest an additional $5.4 million to expand their current facility to meet growing demand from their largest customer, Whole Foods.
On December 5, 2016, Valley Cold Storage and Transportation, headquartered in Las Cruces, New Mexico, broke ground on a new 105,000 square-foot warehouse today. The company will invest nearly $14 million, and create up to 33 jobs in Santa Teresa, New Mexico.
On October 14, 2016, X2NSAT, Inc., a wireless and satellite communications company, announced it will expand operations to Las Cruces, New Mexico and create up to 45 new high-tech jobs over the next several years.
On Thursday, June 9, 2016, Governor Susana Martinez announced that Pecan Brewery & Spirits and Valley Cold Storage & Transportation will add more than 40 jobs in Doña Ana County. Both companies received Local Economic Development Act (LEDA) assistance to establish roots and grow existing business within the region. The companies will be investing almost $16 million in our communities.
On October 19, 2015, Governor Susana Martinez welcomed New Mexico Greenhouse Holdings, LLC to Doña Ana County as the company announced its expansion in Southern New Mexico. The company will invest $6 million to renovate an 820,000 square-foot greenhouse facility with state-of-the-art water purification and recycling systems. The facility also includes 6,500 square feet of recently constructed office space and more than 25,000 square feet of warehouse distribution space, served by 10 loading docks. The company will create 120 jobs over the next four years. These new jobs will include botanists, geneticists, and greenhouse staff.
On Friday, July 31, 2015, Governor Susana Martinez announced that Sitel, a leading global customer care provider, will add more than 100 jobs at its Las Cruces facility. The company has operated in Las Cruces since 2007 and is expanding in part due to support provided through New Mexico’s Job Training Incentive Program (JTIP).
The announcement came just days after the U.S Department of Commerce ranked three New Mexico cities among the top five U.S. metro areas for export growth with Las Cruces topping the list.