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

Germany-Based thyssenkrupp Materials Plans Santa Teresa, New Mexico, Operations

03/10/2025
Germany-based steel conglomerate thyssenkrupp Materials NA plans to expand its operations in Santa Teresa, New Mexico. The project is expected to approximately 90 jobs.

The investment will include the lease of an 86,000-square-foot facility by Copper and Brass Sales, a division of thyssenkrupp Materials North America, which will focus on manufacturing solutions tailored to customer-specific needs, including complex cutting, kitting, and just-in-time (JIT) services.

“Expanding into New Mexico is a strategic move that strengthens our ability to serve power distribution customers across North America and Mexico with greater efficiency and responsiveness,” said James Patsakos, president of Manufacturing Services at thyssenkrupp Materials NA. “Santa Teresa offers the ideal location, infrastructure, and workforce to support our long-term growth while enhancing supply chain resilience for our customers. The support from the State of New Mexico through LEDA and JTIP demonstrates a shared commitment to economic development, and we look forward to building a strong presence in the region as we grow our team and operations.”

To support the project the state pledged $500,000 from the New Mexico Economic Development Department’s Local Economic Development Act (LEDA) job-creation fund. EDD also awarded thyssenkrupp $253,630 in workforce development funds through the Job Training Incentive Program (JTIP) to train the first 21 employees.

“New Mexico’s border region is the best location for manufacturers looking to leverage a strong workforce, competitive costs, and logistical advantages while servicing both international and U.S.-based customers,” EDD Cabinet Secretary Rob Black noted.

Copper and Brass Sales offers a line of nonferrous metals and alloys and a variety of precision processing capabilities. The company currently operates five manufacturing sites in North America: Toronto, Montreal, Vancouver, Atlanta, and Saltillo, Mexico.

“The New Mexico Borderplex region offered thyssenkrupp strategic locational advantages due to its proximity to key supply chain partners such as Schneider Electric and EATON, amongst others,” added Davin Lopez, president & CEO of MVEDA. “This is another indication that Santa Teresa has emerged and is being recognized as a major hub in the U.S. for manufacturing, supply chain access, and cross-border trade.

Exclusive Research