On July 25th, the IBA helped coordinate a visit by Governor Susana Martinez and New Mexico Economic Development Department Secretary Jon Barela to Santa Teresa. These officials were in town to announce two new companies that are locating to the Santa Teresa region. W Silver Recycling, a metal recycling company and Twin Cities, a warehousing, distribution and logistics company will both be opening their doors in Santa Teresa bringing 20 and 50 jobs respectively. Both companies also anticipate growth and the hiring of more employees in the near future.
“I am happy to announce W. Silver and Twin Cities chose to locate in New Mexico and saw a benefit in placing their operations here,” said Governor Martinez. “We have not only made our tax structure competitive for all of New Mexico but we also focused on investing in infrastructure at the border, the creation the six-mile overweight cargo zone, and the locomotive fuel tax deduction which has already led to the creation of hundreds of jobs in just two years at the New Mexico Borderplex in Santa Teresa and we expect more to come.”
W. Silver Recycling is an international recycling company headquartered in the heart of El Paso’s industrial district and minutes from the US-Mexico Border. W Silver has been operating for over 90 years servicing the unique by-product needs of manufacturers in the southwest United States and Mexico.
Twin Cities Services, Inc. was established in 1979 as a warehousing, distribution and logistics company to expedite the storage and transportation of products in the El Paso/Juarez area. In 1998, Twin Cities began operations as a container holding facility for ocean carriers. With the relocation of the Union Pacific Intermodal facility to Santa Teresa, Twin Cities purchased 32 acres in the Santa Teresa industrial area to move and store containers and trailers for its clients. The company will have the capacity to handle loaded and empty containers for transfer or storage.
“Santa Teresa has become one of the most dynamic communities along the U.S.-Mexico Border,” Secretary Barela said. “We will continue to work hard to recruit companies to this area; the jobs created here benefit the entire state of New Mexico.”