The Santa Teresa industrial park in southern New Mexico is gaining two new tenants – a recycling company and a freight management firm.
Twin Cities Services, which operates two freight storage and transport facilities in El Paso, will open another location at Santa Teresa to be next to Union Pacific Railroad’s new intermodal transshipment terminal, now under construction near the industrial park.
“They bought 26 acres of land to set up a freight container lot and a management facility,” said Jerry Pacheco, executive director of the International Business Accelerator at Santa Teresa.
The company will create about 50 jobs, although many positions may be filled by employees who relocate from El Paso.
W. Silver Recycling will build a facility at Santa Teresa to aggregate, pack and move metals, plastics and other industrial materials for recycling. The company plans to hire 20 people at the park. It currently employs about 150 at three facilities in Texas and one in Albuquerque.
Apart from proximity to UP’s terminal, W. Silver wants to take advantage of an “overweight” commercial zone in effect at the Santa Teresa port of entry, said company president Lane Gaddy.
The zone permits northbound trucks from Mexico to travel up to six miles into New Mexico with 96,000 pounds of weight, or about 16,000 pounds more than is permitted by federal law on U.S. highways. That allows shippers to carry full loads into the industrial park without off-loading cargo at the border.
“The overweight zone means we can travel deep within Mexico to collect and pool industrial materials from all over the country,” Gaddy said. “We can cross the border with all that heavy cargo and then ship it across North America through the UP terminal.”
Pacheco said UP and the overweight zone have provided a huge magnet to attract companies like Twin Cities and W. Silver to Santa Teresa. In fact, the industrial park is now booming as new firms move in and existing tenants ramp up operations.
“We’re seeing a very strong pipeline of companies wanting to move here,” Pacheco said. “There’s a real buzz.”
Gov. Susana Martinez said state efforts to establish the overweight zone, provide tax incentives and create needed infrastructure has helped build the border boom.
“It is no coincidence that the New Mexico Borderplex in Santa Teresa is experiencing this fantastic growth,” Martinez said.