Canada-based Saputo Dairy USA Expands Las Cruces, New Mexico, Manufacturing Center
05/14/2021
To support the company's growth, the State of New Mexico has committed $2.5 million from the LEDA job creators fund, including a $1 million bonus for developing the project in an Opportunity Zone, and the City of Las Cruces pledged $300,000. In addition, the Las Cruces City Council will also consider an Industrial Revenue Bond. The expansion is expected to have a total positive economic impact to the state of $1.6 billion over the next decade.
“Southern New Mexico is expanding its manufacturing footprint quickly. The expansion of Saputo Dairy USA's facility will create the jobs we need to diversify our economy and get people back to work as we recover from this pandemic,” Secretary Alicia J. Keyes said.
The company has also qualified for a state Job Training Incentive Program (JTIP) Grant and the City of Las Cruces Wage Plus Program, an incentive program for hiring and paying employees above the median wage.
“MVEDA is excited that Saputo Dairy USA has chosen the Las Cruces Innovation and Industrial Park for this project. Our collaborative, proactive response with our economic development partners at the state and city highlighted a joint effort to secure this project and further establish the industrial park as the location of choice for growth in the Southwestern United States,” The Mesilla Valley Economic Development Alliance (MVDA) President & CEO Davin Lopez said.
Saputo Dairy USA is part of Saputo Inc., one of the world's top 10 dairy processors, founded in Montreal in 1954. Saputo Inc. has operations in Canada, the United States, Australia, Argentina, and the United Kingdom, with products sold in over 50 countries. Saputo Inc. shares are publicly traded on the Toronto Stock Exchange under the symbol SAP.
Project Announcements
Japan-Based YKK AP America Plans Macon, Georgia, Manufacturing Center
08/19/2022
CF Industries Holdings-Mitsui Plan Ascension Parish, Louisiana, Carbon Capture Ammonia Plant
08/19/2022
Sub-Zero Group Establishes Cedar Rapids, Iowa, Light Manufacturing Plant
08/19/2022
WuXi STA Establishes Middletown, Delaware, Pharmaceutical Manufacturing Campus
08/18/2022
Cargill Upgrades St. Martin Parish, Louisiana, Operations
08/18/2022
Pet Supplies Plus Plans Orangeburg County, South Carolina, Distribution Hub
08/18/2022
Most Read
-
The 2021 Top States for Doing Business Reflect Their Locational Advantages
Q3 2021
-
Area Development’s 17th Annual Shovel Awards Recognize State and Local Economic Development Efforts — First Two Platinum Shovels Awarded
Q2 2022
-
In Focus: “Golden Age” of Spec Development
Q3 2022
-
In Focus: Demand for Industrial Land Surges
Q2 2022
-
36th Annual Corporate Survey: Executives Focus on Labor, Energy, Shipping Costs
Q1 2022
-
Using Robust Project Controls to Enhance Project Management
Q3 2022
-
Explosive Growth of Life Sciences Sector Comes with Challenges
Q3 2022