Businesses expected to be attracted to Santa Teresa after investment in border ports of entry

NEW MEXICO – The infrastructure investment planned for the border announced on February 15 in Ciudad Juarez following the visit of U.S. Ambassador Kenneth Salazar would also help attract businesses to Doña Ana County, according to the New Mexico Economic Development Department (EDD).

The state of New Mexico sent a delegation to Ciudad Juarez to meet with the Ambassador to discuss trade and infrastructure development on the international border.

The EDD indicated that boosting global trade is a priority of New Mexico Governor Michelle Lujan Grisham’s administration, and that investment in border area infrastructure has helped attract businesses to Doña Ana County, home to the Santa Teresa port of entry, global companies seeking logistics solutions to supply chain and transportation challenges.

According to EDD, fast and efficient connectivity to Mexico and the rest of the United States, coupled with competitive production costs, are making Santa Teresa the fastest-growing industrial base on the U.S.-Mexico border as companies look to locate manufacturing and distribution centers in North America.

In the past two years, three Taiwanese companies have announced new business investments in Santa Teresa and two Chihuahua food distributors have opened their doors. One company is planning a cross-border business with the location of management and administrative offices in New Mexico and large-scale production in Chihuahua.

The region is also attracting interest from companies in the industrial Midwest. PRENT, a Wisconsin-based company with a global presence in thermoformed packaging, which will create 85 new jobs in Santa Teresa.

Governor Lujan Grisham has authorized an analysis of the region’s needs to determine priority investments in new transportation and infrastructure that will streamline commercial traffic and improve commute times for workers.

Source: MEXICONOW Staff