Valley Cold Storage & Transportation plans to invest more than $16.5 million to expand operations and its industrial park facility in Santa Teresa NM.
The company supplies refrigeration and transportation services to the foodservice, food distribution, agriculture and retail industries of southern New Mexico, northern Mexico and West Texas.
New Mexico will invest up to $150,000 in Local Economic Development Act (LEDA) funds in the expansion. The City of Anthony will serve as fiscal agent for the LEDA award. LEDA helps recruit new businesses to New Mexico while helping those already there grow and thrive.
Clay Bush president and CEO of Valley Cold Storage, said, “We are excited for the continued the opportunity serve the growing needs of the southern New Mexico, West Texas, and northern Mexico regions. We would not be where we are today without the support from our local community.”
New Mexico Gov Susana Martinez said, “I’m so proud to see another homegrown business leader expand in New Mexico. Since 2011, we have worked hard to make New Mexico a great place to for our homegrown companies to thrive and create jobs in our communities. Today, we’re seeing those efforts pay off.”
See www.valleycoldstore.com for more details.