New Mexico Fresh Foods Plans Bernalillo County, New Mexico, Manufacturing Plant
12/16/2020
Bernalillo County noted it is the fiscal agent for a state-issued Local Economic Development Act grant for New Mexico Fresh Foods in the amount of $750,000. The LEDA grant initiative for New Mexico Fresh Foods was approved by unanimous vote. Additionally, the county is applying for a Community Development Block Grant (CMBG) in the amount of $500,000 to assist New Mexico Fresh Foods with the purchase of equipment.
The assistance will include infrastructure improvements and equipment. Also, Bernalillo County approved a $9-million industrial revenue bond for the project.
“This is just another prime example of the county believing in the businesses that choose to locate here,” says Bernalillo County Commission Chair Lonnie Talbert. “It’s a win/win because without the grants these businesses can’t get up and running and without the businesses, the county can’t grow.”
New Mexico Fresh Foods is a newly formed company that is using a revolutionary high pressure processing technology to keep just-made foods fresher longer without the use of preservatives and allow other local food manufacturers to distribute their products further, local officials said.
Project Announcements
JDSAT Expands Fairfax County, Virginia, Operations
04/25/2024
Trussworks Mid-America Plans Jackson, Missouri, Manufacturing Operations
04/25/2024
Epic Flight Academy Establishes Hebron, Kentucky, Operations
04/25/2024
EPC-Columbia Expands Lebanon, Kentucky, Plastic Injection Molding Operations
04/25/2024
Daisy Brand Plans Boone, Iowa, Production Operations
04/22/2024
Canfor Expands Fulton, Alabama, Production Operations
04/22/2024
Most Read
-
2023's Leading Metro Locations: Hotspots of Economic Growth
Q4 2023
-
2023 Top States for Doing Business Meet the Needs of Site Selectors
Q3 2023
-
38th Annual Corporate Survey: Are Unrealized Predictions of an Economic Slump Leading Small to Mid-Size Companies to Put Off Expansion Plans?
Q1 2024
-
Making Hybrid More Human in 2024
Q1 2024
-
Manufacturing Momentum Is Building
Q1 2024
-
20th Annual Consultants Survey: Clients Prioritize Access to Skilled Labor, Responsive State & Local Government
Q1 2024
-
Public-Private Partnerships Incentivize Industrial Development
Q1 2024