Arcosa Wind Towers Plans Belen, New Mexico, Wind-Tower Manufacturing Plant
03/20/2023
The company is purchasing and modifying an existing facility, formerly occupied by Keter, at 1951 Highway 304 in the Rio Grande Industrial Park. Production is scheduled for mid-2024.
“We look forward to expanding our manufacturing capacity to New Mexico, where market demand for new wind projects is robust,” Antonio Carrillo, President and CEO of Arcosa, Inc., said. “Our new facility will strengthen our position in the wind-tower market and enable Arcosa to benefit from growing wind investment in the Southwest. We are pleased to create new jobs in the State of New Mexico, which has been a supportive partner and a strong proponent of wind-energy development.”
As an incentive the State of New Mexico is contributing $4 million from its Local Economic Development Act (LEDA) job-creation fund to assist with the project. Funding will be provided as the company meets agreed-upon economic development benchmarks.
“EDD’s strategy to focus on job-rich industries and bring better quality jobs to New Mexico is working,” Economic Development Department Cabinet Secretary Alicia J. Keyes noted. “Now we need to build on our successes and move forward to aggressively support the growth of new and existing businesses that can improve the lives of our families and the health of our communities.”
The company will not only qualify for LEDA but can apply for assistance through EDD’s Job Training Incentive Program, which reimburses companies for a portion of employee training costs. New Mexico also has other incentives for manufacturing and the hiring of high-wage workers. The City of Belen is planning assistance through Industrial Revenue Bonds as well.
“Arcosa Wind Towers is a leading manufacturer of structural wind towers in North America. To have a company that is so highly respected in North America coming to Belen is a huge step in our growth and shows how the City of Belen is dedicated to industrial businesses coming into our community,” Joshua J. Kerns, City of Belen Community & Economic Development Director added.
Arcosa Wind Towers, Inc. is a leading manufacturer of structural wind towers in North America. We focus on excellence, offering premier value to our customers. Parent company Arcosa, Inc., headquartered in Dallas, Texas, is a growth-oriented provider of infrastructure-related products and solutions with leading positions in construction, energy, and transportation markets.
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