State Awards LEDA Grant to Bueno Foods For Expansion
March 16th, 2021 – Economic Development Department Cabinet Secretary Alicia J. Keyes announced today that Bueno Foods has been awarded economic assistance to expand storage and manufacturing capacity and better distribute New Mexico chiles and food products throughout the United States.
The expansion for Bueno Foods will be on its current property at 2001 4th St SW, Albuquerque 87102 and will include a new 25,000-square-foot freezer warehouse for its manufacturing campus. The $10 million project is expected to begin in early summer of 2021.
“New Mexico-grown chile is our state’s proudest export. This is an exciting investment in a successful homegrown company and a great example of how the state can boost food production and manufacturing. I look forward to this productive partnership,” Gov. Michelle Lujan Grisham said.
The expansion is expected to be completed by the end of 2022, at which time Bueno will start to add an additional 49 employees over 5 years.