New Mexico Economic Development awarded $75,000 in local Economic Development Act funds to Martinez & Son's Processing to assist the firm with expansion of its meat processing plant in Las Vegas, New Mexico
, a city of 13,600 residents in San Miguel County.
The LEDA funds, which are appropriated for infrastructure projects, will help with construction of a new refrigeration area for the meat processing plant that will serve Northern New Mexico ranchers, Cabinet Secretary Jon Barela said. The expansion will create 12 direct jobs and more than 50 indirect jobs.
Martinez & Sons Processing, LLC will be the first commercial meat processing business in this area of New Mexico, serving local ranchers and grass fed animal producers in the northeastern part of the state. Without this business located in San Miguel County, Northern New Mexico beef producers would have to travel an average of 520 miles for cattle harvesting services. The company plans to offer one of kind custom cuts to satisfy all customer processing needs, utilizing up to date equipment and technology to ensure a quality product for the customers.
"Martinez & Sons is a small business success story in that it represents a family who has worked tirelessly to plan, develop and build an enterprise that will employ local citizens and provides a much needed service," said Barela. "Martinez & Sons are the kind of small business that leads the way for job growth in the state and we are proud to support this rural New Mexico business."
In 2012, Martinez & Sons received $70,000 in LEDA funding to go towards a water recycling system and construction for cooler and freezer space and $50,000 in Job Training Incentive Program funds for the hiring and training of 8 employees.