Valley Cold Storage & Transportation will invest more than $16.5 million to expand operations and its industrial park facility in Santa Teresa, Doña Ana County, New Mexico.

Valley Cold Storage and Transportation provides state-of-the-art refrigeration and transportation services to the retail, food service, food distribution, and agriculture industries of Southern New Mexico, Northern Mexico and West Texas.

“We are excited for the continued the opportunity serve the growing needs of the Southern New Mexico, West Texas, and Northern Mexico regions. We would not be where we are today without the support from our local community,” said Clay Bush President and CEO of Valley Cold Storage.

New Mexico will invest up to $150,000 in Local Economic Development Act (LEDA) funds in the expansion. In addition, the City of Anthony 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.

“I’m so proud to see another homegrown business leader expand in New Mexico,” said Governor Susana Martinez. “Since 2011, we have worked hard to make New Mexico a great place to for our homegrown companies to thrive and create jobs in our communities - today, we’re seeing those efforts pay off.”

“Valley Cold Storage is a homegrown success story and an industry leader and I’m thrilled to see their continued growth and success,” said Economic Development Secretary Matt Geisel. “By expanding their Santa Teresa facility and creating more quality jobs, Valley Cold Storage is expanding their impact on the local economy and helping New Mexicans find good jobs.”

“We are excited to see another expansion by Valley Cold Storage in Doña Ana County continuing to add to our thriving value added agricultural base,” said MVEDA President & CEO Davin Lopez. “This is a testament to the fact that our economic development tools, such as LEDA & JTIP, not only help with business attractions, but also support the growth of existing New Mexico companies.”