Copyright © 2018 Albuquerque Journal
A Taiwanese manufacturing company is opening a $50 million plant in Santa Teresa, with an expected workforce of nearly 350, the company announced Wednesday.
Admiral Cable, which makes electrical cords and industrial cables and wires, will build a 195,000-square-foot plant in Santa Teresa’s intermodal park, where it will have access to a rail spur, said Jerry Pacheco, CEO of the Santa-Teresa-based Border Industrial Association. It is expected to open in 2020.
“This is a reaffirmation to the world that Santa Teresa is a world-class global manufacturing center,” Pacheco said. “That a company that could go anywhere picks our region just affirms how competitive we are in attracting companies.”