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
Northland Corporation Expands Greenville, Michigan, Operations
08/29/2024
Swedish Match Expands Daviess County, Kentucky, Operations
08/29/2024
Ardent Mills Expands Commerce City, Colorado, Production Operations
08/29/2024
Paul Mueller Company Expands Springfield, Missouri, Manufacturing Operations
08/29/2024
Nashville Wire Products Expands McEwen, Tennessee, Operations
08/28/2024
Crusoe Energy Systems Plans Tulsa, Oklahoma, Manufacturing Operations
08/27/2024
Most Read
-
19th Annual Area Development Gold and Silver Shovel Awards
Q2 2024
-
What the Latest EPA PFAS Rule Means for Site Due Diligence
Q3 2024
-
Semiconductors’ fragile relationship with water may be tested
Q3 2024
-
2023 Top States Commentary: Top-Ranked States Have What It Takes to Win Mega Projects
Q3 2023
-
2023 Top States for Doing Business Meet the Needs of Site Selectors
Q3 2023
-
2023's Leading Metro Locations: Hotspots of Economic Growth
Q4 2023
-
Mitigating Site Risks for Industrial Projects
Q3 2024