SANTA TERESA, N.M. (KFOX14/CBS4) — New Mexico state officials announced that a vegetable processing company, Oro LLC, is opening a facility in Santa Teresa.
New Mexico Economic Development (EDD) Cabinet Secretary Alicia J. Keyes made the announcement.
The company picked a 20-acre site in the Santa Teresa Gateway Rail Park and expects to begin construction during the summer.
When the facility opens in 2024, Oro plans to create 49 jobs in New Mexico with an average salary of $35,710.
The state has awarded $750,000 from EDD’s Local Economic Development Act (LEDA) job-creation fund to Oro to support the expansion of infrastructure.
Oro will invest $19 million into the site.
Recruiting new businesses to the Santa Teresa Border Zone continues to be a priority for Gov. Michelle Lujan Grisham,” EDD Secretary Keyes said. “This region is more important than ever to America’s prosperity as companies look to diversify their supply chains and provide more affordable goods and materials to North American customers and consumers.
Oro picked Santa Teresa due to quick access to the Pacific Northwest and the West Coast.
The company provides bulk ingredient sourcing to processors and packaged vegetables for restaurants, food services, and retail customers.
Oro has contract growers in Mexico and the United States and wants to expand in New Mexico.
“Oro sees Santa Teresa as a logistical gateway that will open our products to more customers across the west, and that means more opportunities for growers and processors in New Mexico,” Hugo Ruiz, company operations manager, said.
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