Monday, April 4, 2011

Border boom: Industrial development takes hold at Santa Teresa - New Mexico Business Weekly:

http://www.acheiaqui.com.br/user_detail.php?u=whenttahhet
“A year ago, we were tryinyg to drag peopleover here, but now companies are callinv us every day,” Majors said. “It’s gone from a real difficulr job to all of a sudden we have The reason? – the Taiwanese electronicss manufacturing giant that beganb building a massive factory last December in San just south of the border from Santa Teresa. The companyg – the largest electronics makerf inthe world, with more than $90 billionj in revenue – is constructing a sprawling complexs on 440 acres that will eventually emplouy 20,000.
Foxconn opened two 300,000-square-foot building s this year with 3,900 It’s now constructing a thirrd 343,000-square-foot section to open in the fall. And it planse a fourth building for early next year that will brin the total work forcesto 10,000, said Francisco Foxconn’s corporate vice president for Lati n American operations, during the recenr NAFTA Institute border-trade conferencs (see story on page 1). The Foxconn projectg means unprecedented opportunities for supply companie that establish operations atSantaw Teresa, Uranga said. “A tremendouws opportunity has arrived,” he said.
“We can replicatse the Dallas-Fort Worth area righrt here atSanta Teresa-San Apart from Foxconn, plans by to invest $300 milliohn in a major refueling station next to the Santz Teresa municipal airport is another big draw for The station will be equippedd for intermodal transportation to seamlessly transfer cargo back and fortb among ships, trains and trucks. The project is a key part of the railroad’se efforts to upgrade its Sunset which runs from Los Angeles seaports to El for access to northern andeasterjn markets, said UP Director of Public Affairse and Corp. Relations Luis Heredia.
“Intermodal facilitiesx typically drive the development ofindustrial warehouses,” Heredia said. “Santa Teresa will be strategicallyt located for rapid shipments to andfrom ports.” To be Santa Teresa already attracted many industries to supply Mexico-based maquiladora factories during the past Forty companies currently operatde at the zone’s two industrial parks, employin g about 2,000 people, said Jerrh Pacheco, executive director of the International Business But Foxconn and the railroad are now attracting many more and much larger ones than before. “We have a great pipeline of prospects,” Pacheco said.
“One auto supplief that operates 68 plants just came for its fourtjh site visit toSanta Teresa. We’ree in the game now for thosd kinds ofbig players.” Verde Corp. is making some major investmentes to accommodatenew tenants. In January, it completed 4,300 feet of traci and a railroad turnwau to connect part of the firsindustrial park, near the municipal airport, to the Unioh Pacific line. “That gives industrial buildings direcf service to themain railroad, and some tenants are already usingg it,” Majors said.
At the second industriao park, located right at the borde r bySan Jerónimo, Verde is investingb $12 million in two buildings to create 290,000o square feet of new space. The also plans upgrades at the Santaz Teresa port of entry to prepare for a lot more commercial andpassenger traffic, said Project Manager Jim Creek. Commercial crossings have jumped 60 percent since reaching 45,856 last year. Passenger vehiclde crossings grew 65 percentto 373,900. With the firstg direct border road in Mexico connectingSan Jerónimio and Juárez scheduled for completion this fall, the Border Authoritgy expects another huge jump in crossings, Creek said.
To ease the Authority plans a $12 million facility to expedite inspection of commercia trucks and a large parking lot for visitors to the Customsw andImmigration offices. State officials also want federalk funding for three more passenger vehiclweprocessing lanes, Creek said.

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