Three Firms Plan Major Expansion Projects Throughout New Mexico
According to state economic development officials, ATS chose New Mexico for its expansion, not only because of Roswell's climate and low humidity, but also because of the state's improved business environment.
ATS occupies a 62,000-square-foot building on 8 acres at the Roswell International Air Center and has leased an additional 7 acres. ATS plans on expanding in the near future by building a warehouse and servicing shop, and is considering a hangar for the aircraft.
"We're working hard to diversify our economy, and our aviation and aerospace industry is vital to these efforts," said Governor Susana Martinez. "Through bipartisan efforts, we have worked to create opportunities to attract new jobs and investments to New Mexico by reducing the burden on job creators like ATS."
“Additionally, we have invested in programs like the Job Training Incentive Program, which helps businesses lower their costs to train workers and provides New Mexicans with skills needed to advance their careers and increase salaries," she added.
Since locating to New Mexico late last year, ATS has created 14 jobs with assistance from the New Mexico JTIP. The company was approved in June for more than $310,000 in funding to hire and train more New Mexico workers.
"As a fast-growing company, expanding from Florida, we were looking for a climate-favorable area with the space available for aviation infrastructure," said Amer Machlah, President of ATS. "Roswell had exactly what we were looking for, and we are proud to partner with the state to create new jobs."
Earlier this week, Governor Martinez announced that ARCA Space Corporation, which originally started in Romania and located its headquarters to New Mexico in 2014, will build a testing and manufacturing facility at the Las Cruces Airport, creating 100 new jobs.
The very same day, the Governor announced that manufacturing company Solaro Energy would be expanding its operations in Socorro by doubling its production and creating 25 new jobs.
"We continue to pursue new investments and help grow our existing businesses, because economic-base jobs that export products or services help diversify our economy and bring new money into our state," said Economic Development Secretary Jon Barela. "ATS is a great example of how we can bring in new jobs by being a conducive place to operate, which also contributes to New Mexico's overall economic health."
Why are Foreign Trade Zones Making a Comeback?
The New Normal in the Automotive Supply Chain
2020 Auto/Aero Site Guide
34th Annual Corporate Survey & the 16th Annual Consultants Survey
Infrastructure Investment as an Economic Stimulus Tool
Nondisclosure Agreements Best Practices When Negotiating Incentives
2019 Top States for Doing Business: Georgia Ranks #1 Sixth Year in a Row