SANTA TERESA, N. M. (AP) – A Taiwanese manufacturer of steel composite fabrics announced Thursday that it will move a distribution facility to a booming border town in New Mexico.
New Mexico’s Economic Development Secretary Alicia J. Keyes said xxentria Technology Materials Co. bought land for its facilities in Santa Teresa, New Mexico, with a planned production plant in Chihuahua, Mexico.
As a component of the company’s plan, Xxentria will convert 16. 19 hectares in front of FedEx Ground amenities at the Westpark Logistics Center in Santa Teresa and plans to begin structuring in 2021.
Keyes said the move was made after a meeting with corporate officials in Taiwan last year.
“It’s exciting because it’s on both sides of the border,” Keyes said. “We who attract Asian corporations like this, have a genuine opportunity to grow” Santa Teresa even more.
Xxentria is a leading manufacturer of aluminum composite panels and galvanized for the transportation and architecture industries.
“Santa Teresa / San Jerónimo is the long term of the border region. Establishing production operations in North America will enable us to better serve our valued consumers in the United States,” said Howard Chen, xxentria’s president and CEO.
Xxentria is located in Tainan City, Taiwan. It also has offices in Kendall Park, New Jersey and San Francisco for sales operations in North America.
The company plans, first of all, to create some 35 new jobs in the state and most likely create more in the future, Keyes said.
He said the state would also hire a Taiwan-based representative to expand production work in New Mexico, as state officials must attract more corporations from Asia.
For the commercial sector of Santa Teresa, Xxentria is the newest company to move in years.
The port of access of Santa Teresa opened in 1998 and to compete with the east of El Paso. After years of closures and start-up and an economic recession, the storage area has filled for the next decade as more and more businesses have left Texas and California due to the smaller area.
The unincorporated network with almost no citizens welcomes foreign entrepreneurs and companies from Turkey, Japan and Canada who benefit from reasonable storage space.
The mall employs about 4,000 more people a day. Some between 30 and 40 minutes from their homes in El Paso or 50 minutes in Las Cruces, New Mexico.
Christopher O. Lyons, owner of the Santa Teresa Industrial Zone, said he contemplates the construction of a residential domain with a square, Mediterranean-style homes and foreign restaurants.