Latest News
$530,000 Committed to Creating of Over 900 New Jobs through the NMBorderplex Incentive Program
The Community Foundation of Southern New Mexico (CFSNM) and the Mesilla Valley Economic Development Alliance (MVEDA) have reported that in 2022 the NMBorderplex Incentive Program committed $530,000 in support, to six companies, who will create 937 new economic-base jobs, and over $105 million in new capital investments in Doña Ana County. Recipients of the incentive include Artico Cold Storage, Electronic Caregiver, BitWise Industries, Worthington Farms, and two additional companies that will...
Electronic Caregiver’s Expansion In Las Cruces Aided by $100,000 Local Grant
On July 13, 2022, a check for $100,000 was presented to Electronic Caregiver (ECG) executives in support of its latest expansion in downtown Las Cruces. The award came from the El Paso Electric (EPE) New Mexico Economic Development Fund. The money is “to assist in the creation of 120 new jobs here in Las Cruces,” Mesilla Valley Economic Development Alliance (MVEDA) CEO Davin Lopez said. MVEDA’s role is to identify projects, conducts ROI analysis and due diligence, and then provides a...
Media Academy Satellite Campus to Locate in Las Cruces, New Mexico
Gov. Michelle Lujan Grisham announced that the first satellite campus for New Mexico’s Next Generation Media Academy will be co-located with Doña Ana Community College and New Mexico State University at the NMSU Arrowhead Center in Las Cruces. The Media Academy is a priority initiative for Gov. Lujan Grisham, who has identified film and television production as a priority industry in the state to create higher-paying jobs and diversify the economy. The Next Generation Academy will be a...
Taiwanese Electronic, Electrical and Mechanical Association Delegation Tour NM Borderplex
The Mesilla Valley Economic Development (MVEDA) and the Border Industrial Association (BIA) joined the New Mexico Economic Development Department (EDD) on June 30 in hosting a delegation of Taiwanese business executives exploring opportunities in the New Mexico Borderplex region. The delegation consisted mostly of executives involved in the electric vehicle industry and representatives from the Taiwanese Electronic, Electrical and Mechanical Association, MVEDA said. “Delegation members were...
El Paso Electric New Mexico Economic Development Fund Aids Chile Processor’s Expansion in Southern New Mexico
Mesilla Valley Economic Development Alliance (MVEDA) along with the El Paso Electric New Mexico Economic Development Fund (NMEDF)presented a check to M.A. and Sons, Inc. The $75,000 was invested in cold storage. The cold storage facility will allow M.A. & Sons to store their chile products on site instead of transporting them to third-party storage providers out-of-state and benefit local growers by providing additional storage outlets for their products. MVEDA supported the Community...
Schneider Electric Announces Major Expansion in the Borderplex
Schneider Electric, the global leader in the digital transformation of energy management and automation, today announced it will construct a new 160,000 square foot manufacturing plant in El Paso, Texas as part of a $100 million regional investment to increase production and speed the delivery of electrical products to customers in Canada, Mexico, and the United States. It is expected to be completed in late 2022 and is expected to employ approximately 400 new employees. The facility will be...
Artico Cold Management Announces New Facility in Las Cruces
Artico Cold Management announced today that it is planning to make the New Mexico Borderplex one of its first locations for a chain of specialized refrigerated warehouses. The company has been awarded $600,000 in economic assistance from the State of New Mexico’s LEDA job-creation fund, $281,400 from the City of Las Cruces’ LEDA job creation program and $100,000 from El Paso Electric’s NM Economic Development Fund. Artico Cold New Mexico LLC will construct a 120,000-square-foot, $30 Million...
Wind and Solar Supplier WTEC Energy Will Create 315 Jobs in the NM Borderplex
New Jersey-based Wind Turbine & Energy Cables Corp. (WTEC Energy) will redevelop an empty facility in rural Doña Ana County and create 315 manufacturing jobs. The expansion will be aided by $2 million from the State of New Mexico’s Local Economic Development Act (LEDA) job creation fund and $100,000 from the El Paso Electric New Mexico Economic Development fund. The local fund is administered by the Mesilla Valley Economic Development Alliance (MVEDA) and the Community Foundation of...
Electronic Caregiver Expansion to Add 120 Jobs in Las Cruces, New Mexico
Electronic Caregiver has been awarded $1.2M in New Mexico Job Training Incentive Program (JTIP) funding to support plans to expand and create 120 new employees at an average hourly wage of $22.15. It will also receive $135,000 in WagePlus funding from the City of Las Cruces and $100,000 through El Paso Electric’s New Mexico Economic Development fund administered through the Mesilla Valley Economic Development Alliance (MVEDA) and the Community Foundation of Southern New Mexico. The expansion...
New Mexico Economic Development Fund, Established by El Paso Electric, Awards $75,000 to M.A. & Sons Chile Products
The New Mexico Economic Development Fund (NMEDF or Fund) is awarding $75,000 to M.A. & Sons, Inc. (M.A. & Sons), to fund capital investments in infrastructure, improvements, and equipment purchases. The Fund, managed by the Community Foundation of Southern New Mexico (CFSNM), was established by El Paso Electric (EPE) to provide $1 million per year for 20 years in support of private businesses, projects and organizations based within EPE’s New Mexico service territory. The Mesilla...
