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BernCo Moves Forward to Expand Food Manufacturing Hub

06/10/2015

Bernco LogoThe expansion includes two phases. In the first phase, New Mexico Food Distributors expects to invest $15 million and create 50 new permanent jobs and approximately 30 construction jobs.

“Bernalillo County is proud to support the further development of our food manufacturing hub in Central New Mexico,” Commission Vice Chair Art De La Cruz says. “We are creating jobs, putting New Mexicans to work today, and helping to export New Mexico cuisine and culture throughout the world. This is an excellent example of business synergy and opportunity cultivated in Bernalillo County’s quickly growing food processing hub.”

The bonds would be privately financed and enable the company to be exempt from certain taxes. The county will hold title to the property until the company repays the bondholders. There is no fiscal obligation to the county resulting from the industrial revenue bond.

Tonight’s action is initial approval of the bonds, and final action is scheduled for August 11, 2015.

“We’re happy to be generating jobs for New Mexico, and we could not have picked a better partner than Bernalillo County,” New Mexico Food Distributors President Dennis Carpenter says.

New Mexico Food Distributors currently produces frozen enchiladas, tamales, chilé sauces and salsas at its existing location at 3041 University Blvd. SE.

Since 2012, the Bernalillo County Commission has supported 24 projects that have created 2,267 new jobs and more than $261 million in new private investment activity.

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