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BernCo Clears Way for $100 Million Wagner Equipment Expansion

10/28/2015

The Bernalillo County Commission this evening gave final approval to a $100 million industrial revenue bond project that will create 100 new permanent  jobs and build a new headquarters for Wagner Equipment, the exclusive Caterpillar heavy equipment dealer in New Mexico, Colorado, and far West Texas.

The company plans to build a new 200,000 square foot office, warehouse and shop on 58 acres located in the booming industrial area located near I-25 and Rio Bravo Boulevard SW.

Taxpayers will not finance the bonds.

“Bernalillo County is proud to create jobs and support a family-owned company with strong ties to our community,” Commission Vice Chair Art De La Cruz says. “Once again, Bernalillo County is leading the way on economic development in Central New Mexico and another company is expanding in the South Valley’s Rio Bravo corridor.”

Wagner Equipment was started in 1954 and is a third generation family-owned company. The company plans to conduct manufacturing, sales, service, repair and rentals at its new location.

Since 2012, the Bernalillo County Commission has supported projects that have created more than 2,400 new jobs and $417 million in new private investment activity.

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