Gov. Martinez announces nearly 1,300 new jobs in Sunland Park
Governor Susana Martinez announced Friday Stampede Meat will expand to Sunland Park, creating approximately 1,295 new food processing and manufacturing jobs over the next five years.
The governor said the company will invest more than $36 million in infrastructure and the renovation of the former Tyson plant.
“It’s an honor to welcome Stampede and their large-scale job creation to New Mexico,” said Martinez in a news release.
The governor said her business-friendly policies are paying off. “We’ve cut taxes, slashed through red tape and strengthened our key economic development tools – and now companies like Stampede, Facebook, Safelite, and many more are expanding and creating jobs in New Mexico,” she said.
Stampede was founded in 1995 and is headquartered in Bridgeview, Illinois. It processes and distributes portioned, marinated and cooked beef, chicken, and other protein products for restaurants, retail, home delivery and other channels.
The New Mexico Economic Development Department will invest up to $3 million in Local Economic Development Act (LEDA) funds in the expansion. The City of Sunland Park will act as the fiscal agent for the award. LEDA is New Mexico’s closing fund, a tool that recruits new businesses to the state while helping those that are already here grow and thrive. Governor Martinez fought to grow the closing fund to $56 million, up from nearly zeroed out when she took office.
“We are very pleased to invest in Sunland Park,” said Brock Furlong, CEO of Stampede Meat. “We look forward to expanding our workforce to continue to provide quality products for our customers.”
Sunland Park Mayor Javier Perea said the announcement comes as the City celebrates its 35th anniversary. “We are eager to begin working with our new partners to ensure that their investment in our community results in a promising future for many years to come,” said Perea.
