Santa Teresa to get 120 new manufacturing jobs
Santa Teresa is getting 120 new manufacturing jobs, according to New Mexico Gov. Susana Martinez’s office on Monday.
Corrugated Synergies International of Renton, Washington, is expanding to the border community, Martinez’s office said.
The company will invest more than $31 million in infrastructure, production equipment and upgrading its new facility.
“Once again, the power of New Mexico’s economic development tools are on full display,” Martinez said in a statement.
CSI is a leader in sheet feeding for the corrugated cardboard industry.
“We’re proud to welcome another large-scale employer and investment to Santa Teresa,” Economic Development Secretary Matt Geisel said.
New Mexico has invested nearly $130 million in infrastructure improvements in Santa Teresa during the Martinez administration, according to the governor’s office. The improvements include roadway reconstruction, new roads, flood control, water and wastewater infrastructure, an airport fire station and port of entry visitor center.
The improvements were done to attract new businesses to the area.
The New Mexico Economic Development Department will invest up to $1 million in Local Economic Development Act or LEDA funds for the expansion.
LEDA funds are used to recruit new businesses to New Mexico and to help existing businesses that are already in the state to grow.
“We are proud to be making a long-term investment in New Mexico by placing our newest manufacturing facility in Santa Teresa,” said John Perullo, chief executive officer for CSI.
Martinez visited CSI’s corporate headquarters in Renton, outside of Seattle, in November 2017, to discuss the benefits of expanding to New Mexico.
Davin Lopez, president and chief executive officer for Mesilla Valley Economic Development Alliance, praised the move.
CSI’s “choice to come to the region and create jobs is not only a testament to the friendly business policies that have been put in place in New Mexico, but also provides further evidence that the Santa Teresa area is now recognized as a premiere location for manufacturing and international trade in the United States,” Lopez said.
