SANTA TERESA – Gov. Susana Martinez visited the border on Monday to welcome the newest company opening a manufacturing plant in southern New Mexico and to celebrate the state’s success in attracting new business.
“We are not the state you just sort of fly over,” Martinez said at the ribbon-cutting for Corrugated Synergies International. “New Mexico is open for business.”
The company based in Renton, Wash., with 16 plants across the U.S. announced last month it was expanding in Santa Teresa.
“Without this border crossing we couldn’t be here. A significant amount of our business is going into Mexico,” said John Perullo, CEO and president of CSI.
The new plant will use cutting edge technology and house one of only six machines worldwide designed for “single-pass high graphic corrugated packaging,” Perullo said. “We are going to build a facility that will be second to none in the area.”
CSI will invest up to $31 million in the operation, including $5 million in manufacturing space improvements, with most of the work done by New Mexican companies, according to Jerry Pacheco, president and CEO of the Border Industrial Association based in Santa Teresa.
CSI will create 120 jobs. “We’re going out and doing our best to find New Mexicans to do these jobs,” said Pacheco.
At the ribbon-cutting ceremony just feet from the state-of-the art printing equipment, Martinez touted her investment in border infrastructure, pro-business policies and tax cuts for helping lure more companies to the state.