Aspen & Autumn Expands Albuquerque, New Mexico, Operations
02/18/2022
The company purchased a six-acre parcel of property at 98th Street and Bluewater Road and expects to begin construction on an 82,000-square-foot building within the next few weeks. The new facility will be a distribution hub for food, drinks, and other products throughout the Western United States through two related companies.
“Our companies are just bursting at the seams in the current locations and, with the support from the State of New Mexico and the City of Albuquerque, the new unified location will give us exceptional infrastructure to support continued growth over the next five to ten years,” Aspen & Autumn owner Robert D. Poole said.
The New Mexico Economic Development Department has pledged $750,000 in State of New Mexico LEDA assistance and the City of Albuquerque has pledged $250,000. LEDA assistance is pending approval by the Albuquerque City Council and funds will be awarded as the company meets economic development targets established in the Project Participation Agreement.
“This LEDA investment will provide a foundation for the company’s growth in the next five to ten years, allowing these distributors to increase sales outside New Mexico, while also continuing to enhance and support the business activities of a wide range of New Mexico-based small businesses,” Cabinet Secretary Alicia J. Keyes said.
When completed in early 2023, the project will substantially expand the capacity of the companies, which now occupies roughly 40,000 square-feet of space, and have a significant upstream impact benefiting local food producers and value-added agricultural entrepreneurs by expanding Aspen & Autumn’s ability to showcase and widely distribute New Mexican products.
Project Announcements
Milo’s Tea Company Expands Moore, South Carolina, Production Operations
12/02/2024
Weyerhaeuser Company Plans Monticello, Arkansas, Operations
12/02/2024
Hranec Expands German Township, Pennsylvania, Production Operations
12/02/2024
Low Tide Brewing Expands Johns Island, South Carolina, Operations
12/02/2024
AAON Establishes Memphis, Tennessee, Manufacturing Operations
12/02/2024
Super Radiator Coils Expands Richmond, Virginia, Operations
12/01/2024
Most Read
-
How Automation Is Actually Closing the Labor Gap
Q4 2024
-
Top States for Doing Business in 2024: A Continued Legacy of Excellence
Q3 2024
-
The Role of Rail in Industrial Development
Q4 2024
-
Hydrogen Industry in Canada: A Global Leader in the Clean Energy Revolution
Q3 2024
-
Exploring the Dynamic Landscape of Industrial Packaging Solutions
Q3 2024
-
Which AI Tools Work for Job Recruiters?
Q3 2024
-
Permitted Power Capacity Foreshadows Health of Regional Economies
Q3 2024