Taiwan-Based Cymmetrik Locates First U.S. Manufacturing Center in Santa Teresa, New Mexico
According to the New Mexico Economic Development Department, the company signed a lease and is set to begin operations in early 2021.
“This project, helmed by Cymmetrik Technologies USA Southwest, Inc. in Santa Teresa, N.M., represents Cymmetrik’s first manufacturing site in North America. Once complete, it will provide local services to surrounding ICT (Information and Communications Technology) and automotive companies,” Cymmetrik’s North American spokesman Anton Tao said.
“Cymmetrik is grateful for all the support from the state and local governments. Their prompt services and economic support from the very beginning were significant assets and smoothed the entire process greatly. As Cymmetrik’s first manufacturing site in the United States, we will strive to become a model of not just business success, but also one of corporate social responsibility,” he added.
Cymmetrik joins Admiral Cable and Xxentria as Taiwanese-based companies that are moving operations to Santa Teresa, according to the New Mexico Economic Development Department.
“New Mexico’s Border Region is well positioned for growth as companies from all over the world look to diversify their production plants and distribution centers to locate closer to North American customers,” Economic Development Secretary Alicia J. Keyes said. “Admirial Cable, Xxentria, and now Cymmetrik see the advantages of being close to the international border in New Mexico and others will follow.”
Founded in 1969, CymMetrik is a pioneer in providing innovative label printing technologies.
“Cymmetrik, being the third Taiwanese company to locate to the Santa Teresa border region in two years, has helped create a cluster of foreign manufacturing companies and shows the start of a much larger trend. New Mexico’s strategic location and world-class manufacturing environment have made us a prime location for companies that are rethinking their global strategies,” Melinda Allen, interim president of the NM Partnership, said.
The Evolution of the Megasite
36th Annual Corporate Survey: Executives Focus on Labor, Energy, Shipping Costs
The 2021 Top States for Doing Business Reflect Their Locational Advantages
18th Annual Consultants Survey: Access to Major Markets and Skilled Labor Are Clients’ Primary Concerns
2021 Gold & Silver Shovel Awards Recognize State and Local Economic Development Efforts
Driving Into An Electric Vehicle Future
Innovative and Collaborative Design Sets the Stage for Life Science Innovation