Cummins Expands Operations in Clovis, New Mexico
11/16/2018
The company is investing $2.5 million in its Clovis operations to add a new remanufacturing disassembly, cleaning and inspection line and new equipment as well as expanding its warehouse by approximately 22,000 square feet. Construction began in October of 2018 and will be fully operational in June 2019.
The expansion is being supported by New Mexico's closing fund, LEDA, and a City of Clovis Economic Incentive Board grant. Economic Development Department will invest up to $150,000 in Local Economic Development Act funds in the expansion. The City of Clovis will act as the fiscal agent for the LEDA award. LEDA helps recruit new businesses to our state while helping those already here grow and thrive. In addition, the City of Clovis will provide $290,000 for the expansion through an EIB Job Grant.
"When we lower taxes, cut through bureaucratic red tape and strengthen our incentives, companies choose New Mexico," said Governor Susana Martinez. "Cummins is staying and growing in New Mexico. They are providing fantastic job opportunities to the community and I congratulate them on their continued success."
"We're thrilled that Cummins continues to expand in Clovis," said Economic Development Cabinet Secretary Matt Geisel. "This company makes a tremendous economic impact to the Clovis region and we're proud to see them expanding and creating more jobs for New Mexicans."
Project Announcements
Daisy Brand Plans Boone, Iowa, Production Operations
04/22/2024
Canfor Expands Fulton, Alabama, Production Operations
04/22/2024
Tucker Door & Trim Plans Henrico County, Virginia, Operations
04/19/2024
Zekelman Industries Expands Blytheville, Arkansas, Operations
04/19/2024
Fibrebond Corporation Expands Webster Parish, Louisiana, Operations
04/19/2024
Master Steel Expands Hardeeville, South Carolina, Operations
04/19/2024
Most Read
-
2023's Leading Metro Locations: Hotspots of Economic Growth
Q4 2023
-
2023 Top States for Doing Business Meet the Needs of Site Selectors
Q3 2023
-
38th Annual Corporate Survey: Are Unrealized Predictions of an Economic Slump Leading Small to Mid-Size Companies to Put Off Expansion Plans?
Q1 2024
-
Making Hybrid More Human in 2024
Q1 2024
-
Manufacturing Momentum Is Building
Q1 2024
-
20th Annual Consultants Survey: Clients Prioritize Access to Skilled Labor, Responsive State & Local Government
Q1 2024
-
Public-Private Partnerships Incentivize Industrial Development
Q1 2024