Posts Tagged ‘Foxconn’

In a recent online article, CNNMoney.com ranked Dona Ana County number 14 out of 25 counties that have experienced the most job growth over the last nine years. The article reports that between 2000 and 2009, Dona Ana County’s job growth was 34.5%.

The article mentions Foxconn, Spaceport America, Virgin Galactic, and New Mexico State University. The article and the other counties mentioned are available online by clicking the CNNMoney.com link above.

The 16th Annual NAFTA Institute “Supplier Meet the Buyer” Trade Conference attracted record crowds to Sunland Park, New Mexico on June 11-12. The event, held at the Sunland Park Racetrack and Casino, began with business-to-business roundtables between over 250 suppliers and buyers from 43 maquiladoras such as Foxconn, Delphi, Bombardier, Toro, Sumitomo, ADC Telecommunications and Electrolux. An additional 300 small businesses attended the event to promote their products in the small business B2B sessions and to learn about cross-border trade.

On the following day, attendees heard from experts on a variety of issues ranging from border security to rail shipping to financing issues. There were also presentations regarding Foxconn’s San Jeronimo project, Union Pacific’s Santa Teresa rail relocation project, and the Punta Colonet port project.

The annual event is organized by the International Business Accelerator (IBA). Additional event hosts for 2009 included the New Mexico Economic Development Department Office of Mexican Affairs, The North American Institute (NAMI), the Mesilla Valley Economic Development Alliance, Gobierno Municipal De Juarez, Western New Mexico University and the New Mexico Small Business Development Center (NMSBDC).

See related articles from the Las Cruces Sun-News, El Paso Times, New Mexico Business Journal .

Seattle-based global logistics company Expeditors International of Washington, Inc. has expanded into Santa Teresa, New Mexico. The company has leased a 86,550-square-foot facility in the Verde Corporate Real Estate’s Bi-National Park and has already hired about 30 workers.

MVEDA  President and CEO Davin Lopez said the facility will be helping to handle logistic needs for Foxconn, a Taiwan-based electronics company that is building a factory just across the border from Santa Teresa in San Jeronimo, Mexico. “It is one of our first opportunistic wins (as a result of Foxconn),” Lopez said of the addition of the Expeditors International facility.

The New Mexico Economic Development Department, along with its Office of Mexican Affairs, MVEDA and the New Mexico Partnership, worked closely with Expeditors executives during the past eight months to facilitate the project.

The Foxconn plant, which when completed will be the largest maquila in Mexico, was the subject of a November, 2008 article in Site Selection Magazine, linked from MVEDA’s “News and Announcements” page.