Things are getting colder in New Mexico, especially in Santa Teresa. Winter weather isn’t the culprit however, but rather Valley Cold Storage and Transportation who recently announced the expansion of their homegrown warehouse, refrigeration and distribution company which ships goods in New Mexico and Texas. New Mexico beat out Texas for the expansion.
The company is investing $14 million to build a new 105,000 square-foot facility and will triple their workforce creating up to 33 jobs. The New Mexico Economic Development Department will contribute $140,000 in Local Economic Development Act (LEDA) funds toward the construction of the new cold storage facility.
Things are booming in Santa Teresa. In fact, this announcement marks the third major expansion in Santa Teresa’s 166-acre Westpark Logistics Center in the last six months following the expansions of MCS Frames and FedEx Ground.
“Once again, our business-friendly reforms have helped a homegrown company expand,” said Economic Development Secretary Matt Geisel. “The Governor’s commitment to making New Mexico more competitive continues to deliver results – helping our businesses grow and thrive.”
LEDA is New Mexico’s closing fund which helps recruit new businesses to the state while helping those that are already here grow and thrive.
Valley Cold Storage and Transportation, headquartered in Las Cruces, offers state-of-the-art refrigeration and transportation services to the retail, food service, food distribution, and agriculture industries of southern New Mexico and western Texas.