Consultants Forum Advertise
Subscribe
Close

  • Free for qualified executives and consultants to industry

  • Receive quarterly issues of Area Development Magazine and special market report and directory issues

Subscribe Now
Renew

Area Development - Site Selection, Facility Planning and Workforce Development

Valley Cold Storage and Transportation Expands Operations In Santa Teresa, New Mexico

01/05/2017
Valley Cold Storage and Transportation, a company that offers state-of-the-art refrigeration and transportation services to the retail, food service, food distribution, and agriculture industries of southern New Mexico and western Texas, will invest $14 million to build a new 105,000 square-foot operations center in Santa Teresa, New Mexico. The company plans to create up to 33 jobs.

"We want to thank the Governor, the New Mexico Economic Development Department, the New Mexico Economic Development Partnership and the Mesilla Valley Economic Development Alliance for partnering with us to make this project a reality," said Valley Cold Storage and Transportation Owners Clay and Jennifer Bush. "The LEDA incentives provided by New Mexico were a major factor in allowing us to make our expansion in Santa Teresa.”

As an incentive, the Economic Development Department will contribute $140,000 in LEDA funds toward the construction of the new cold storage facility.

This new facility will be the third major expansion in Santa Theresa's 166-acre Westpark Logistics Center in the last six months. It follows the expansions of MCS Frames and FedEx Ground. Westpark is the first new industrial park to be built in Santa Teresa in the last 15 years, and other tenants FedEx and MCS have both built new facilities totaling nearly 500,000 square feet.

New Mexico beat out Texas for the expansion. "We're proud to see homegrown businesses lead the way in growing and diversifying our economy," said Governor Susana Martinez. "This is a company that could have chosen anywhere in the region to expand, but they chose to stay right here in New Mexico. It's another great example of what is possible when we cut taxes and make our state more competitive."

"Once again, our business-friendly reforms have helped a homegrown company expand," said Economic Development Secretary Matt Geisel. "The Governor's commitment to making New Mexico more competitive continues to deliver results, helping our businesses grow and thrive."

Share

Exclusive Research