Latest News
Coast Aluminum and Monti Inc expand to New Mexico’s Borderplex
The New Mexico Economic Development Department declared today that two additional companies, Coast Aluminum and Monti Inc., have been granted state economic assistance. This support aims to bolster manufacturing expansions and facilitate job creation at New Mexico's international Borderplex in Santa Teresa. Governor Michelle Lujan Grisham has prioritized investing in the state's international border to enhance infrastructure and expand global trade. This move is part of a broader strategy to...
Dual Dynamics: Examining the Borderplex Economy
In the midst of reports of migrants crossing the U.S.-Mexico border in large numbers to evade U.S. Border Patrol, companies are actively expanding their presence on both sides of the border corridor. Take, for instance, the region encompassing Brownsville, Texas, and Matamoros, Tamaulipas, Mexico. Fisher Dynamics, a Michigan-based manufacturer of seating systems for OEMs, has been operating in Brownsville for the past 25 years, employing approximately 1,450 people. Recently, the company...
New Mexico Borderplex Company Awarded Science & Technology Startup Grant in Las Cruces
The Deputy Secretary of the New Mexico Economic Development Department (EDD), has announced that a company in the New Mexico Borderplex, located in Las Cruces, has been granted a Science & Technology Business Startup Grant, receiving a financial award of $25,000. These Science & Technology Business Startup Grants are designed for New Mexico-based for-profit companies specializing in science and technology with significant growth potential. Eligible businesses must operate in fields...
Game development takes center stage in Las Cruces Borderplex
The region, encompassing Las Cruces, New Mexico; El Paso, Texas; and the bi-national city of Juarez, Mexico, is collectively known as "The Borderplex." This term promotes the region and attracts a more extensive and dynamic workforce, according to Carlos Parra, Director of Marketing for the Mesilla Valley Economic Development Alliance, based in Las Cruces. One of The Borderplex's key offerings is a film credit program with significant advantages, especially in the realm of digital media,...
Flagstone Foods Embraces Borderplex Region in a Major Business Expansion Initiative
Flagstone Foods, a leading producer of both private-label and in-house nut, dried fruit, and snack brands, has unveiled ambitious plans to significantly enhance its production capacity in the Borderplex. The initiative encompasses an investment of approximately $28 million in capital and the establishment of a minimum of 91 new full-time positions. Flagstone Foods boasts a century-long legacy in the industry, catering to esteemed clients and major retail chains with private-label products and...
Borderplex Engineering Firm Reveals $4.4 Million Expansion Plan
In an exciting development for the Borderplex job market, approximately 50 new engineering positions are set to become available in the near future. PROD Design & Analysis, an engineering solutions company based in El Paso, made this significant announcement during a press conference, attended by city officials and representatives from UTEP's Aerospace Center. Pablo Rodriguez, the proprietor of PROD Design & Analysis, shared on Tuesday that this collaboration marks a pivotal moment in...
Taiwan’s “Gear King” Heda Industrial announced that it will set up a new factory in the Borderplex. Chairman Shen Guorong revealed 3 reasons for settling in New Mexico
Shen Guorong, the chairman of Heda Industry, highlighted that the repercussions of a three-year-long epidemic and the Sino-US trade war have reshaped the global supply chain, causing a transition from globalization to regionalization. This transformation is the driving force behind Heda Industry's contemplation of local parts production in the United States. Furthermore, with the burgeoning electric vehicle sector in the United States, where more than 60% of large industries' production...
Tesla supplier Hota to build first US factory in the New Mexico Borderplex
Hota Industrial Mfg. Co, a prominent supplier to Tesla, has unveiled plans to establish its inaugural manufacturing facility in the New Mexico Borderplex region of the United States. The Taiwanese company is committing $99 million to this venture, marking its first foray beyond the Asian continent. This decision reflects the growing emphasis on regionalized supply chain production. Hota, primarily engaged in the production of gears and other automotive components in Taiwan, disclosed that...
New Mexico Borderplex to become a global trade center.
The New Mexico Borderplex is poised to transform into a global trade hub, and Governor Michelle Lujan Grisham's recent announcement of a trade mission to Taiwan underscores the strategic significance of our state in the realm of international trade and manufacturing. The resurgence of reshoring, the practice of relocating manufacturing and services back to the United States from abroad and increased foreign direct investment have injected vitality into the U.S. economy. Since 2010, these...
Biotech startup, Palladium Diagnostics moves from San Diego to New Mexico’s Borderplex
While San Diego is renowned as a biotech hub, Palladium Diagnostics believes that Southern New Mexico's largest city has just as much, if not more, to offer. The company was founded by Jeff and Nolan Bauer, a father-son duo, in late 2021. Jeff Bauer serves as Palladium's president and CEO, with his son Nolan as the vice president of research and product development. Kevin Jones, the company's chief technology officer, completes the core team. This trio boasts an extensive history in the field...
