The Tecma Group of Companies and Ergomotion Inc., both international manufacturers, have announced they'll open new facilities in Santa Teresa, the Albuquerque Journal reported.
They plan to add at least 10 new jobs in New Mexico.
"By investing in business expansion in southern New Mexico, we're creating new jobs and growing our manufacturing and global trade sectors," Gov. Michelle Lujan Grisham wrote in a tweet. "New Mexico has a unique opportunity to transform the Borderplex and grow our economy – and we're getting it done."
Ergomotion Inc. is renowned globally for being the largest manufacturer of bedding bases, whereas The Tecma Group of Companies provides shelter services for different manufacturers.
The Tecma Group of Companies will be provided with a $100,000 grant from New Mexico's LEDA Job Creation Fund provided by the New Mexico Economic Developmental Department, according to the Albuquerque Journal.
Alicia Keyes, the cabinet secretary for the Economic Development Department of New Mexico, mentioned that New Mexico is now increasingly preferred by companies because of ease of access to the rest of the country for product distribution. According to Keyes, New Mexico "offers unique logistical advantages for those looking to simplify their global supply chain."
