Wisconsin Manufacturer Picks New Mexico for Expansion
October 8th, 2020, Santa Teresa, N.M. – Prent Corporation, the world’s leading designer and manufacturer of custom plastic, rigid thermoform packaging for the medical, electronics, and consumer industries, will be opening a new manufacturing facility in Santa Teresa, N.M.
Prent plans to invest $12.5 million and create 85 new jobs. Headquartered in Janesville, WI, Prent’s global footprint is strategically located to supply many of the world’s leading Fortune 100 companies.
“Southern New Mexico is brimming with opportunity,” Gov. Michelle Lujan Grisham said. “The growth potential here is limitless. These good-paying jobs are proof positive that New Mexico is known around the country as business-friendly and a great place to invest right now.”
“The Borderplex region makes perfect sense for Prent. It’s an area ripe for innovation and partnership,” Mark Rothlisberger, Sr. Vice President of Manufacturing for Prent, said.
The State of New Mexico is supporting the relocation with $500,000 in economic assistance from the Local Economic Development Act (LEDA) fund, a job-creation or closing fund administered by the EDD.
“New Mexico’s incentives and our logistical advantages help companies like Prent reposition manufacturing to take advantage of new supply chain realities,” Economic Development Cabinet Secretary Alicia J. Keyes said. “Santa Teresa with its efficient international border crossing and the Union Pacific Intermodal facility will boost Prent as it expands its markets and help the state create better paying manufacturing jobs.”
Rothlisberger thanked the partnerships that helped bring Prent to New Mexico, including the New Mexico Economic Development Department, Borderplex Alliance, Mesilla Valley Economic Development Alliance, and New Mexico Partnership.
“For over three years we’ve worked closely with partners in the region to make this a reality. Over and over, we heard that the strength of the region is its collaboration across borders. Today’s announcement is a vindication of that model, one integrated region working together towards success,” Rothlisberger said.