Grupo Bafar Plans El Paso, Texas, Headquarters-Operations Center
The company will buy and renovate an old Kasco Structures steel fabricating facility in Segundo Barrio. Construction is scheduled to be completed by December 2024.
“For 40 years, Grupo Bafar has been dedicated to making high-quality food that customers love,” said Jorge Alberto Baeza Fares, chief executive of Bafar Alimentos. “Grupo Bafar is excited to grow our roots even deeper in El Paso.
We’re grateful to the city of El Paso, El Paso County and Borderplex Alliance for their tremendous support as we work to better serve our customers across Texas and the United States.”
El Paso City Council and County Commissioners on Monday approved tax incentive packages totaling $881,693. They include partial rebates of city and county property taxes, as well as rebates of permit fees and sales tax on construction materials.
“Grupo Bafar has been an important part of the El Paso business community since 1987,” El Paso Mayor Oscar Leeser noted. “We are happy to support companies like Grupo Bafar who not only see great potential in our community but are also aligned with the city’s climate goals.”
It has 25 own brands with finely aged products and brands aimed at health and nutrition, a fresh chicken producer and 3 service chains specialized in red meats, as well as its own line of export of cold cuts.
Grupo Bafar SAB de CV is a Mexico-based holding company engaged, through its subsidiaries, in the food industry. The compayy operates through seven business divisions.
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