Two More Companies Invest In New Mexico’s Borderplex

URLhttps://businessfacilities.com/two-more-companies-
SourceBusiness Facilities
Date Published12/04/2023

Additional Reshoring Information:

Company/Division name Coast Aluminum
Parent companyCoast Aluminum
Type of work Manufacturing
Reshoring category:Reshoring
Total number of jobs (added or to be added):37
Year reshoring announced:2023
Capital investment ($):10
City reshored to:Santa Teresa
State(s) reshored to:NM
If relevant, work nearshored to:-
Industry(ies):Primary Metal Products (not including Foundries and Castings)
Product(s) reshoreddistribution center
What non-domestic negative factors made offshoring less attractive?Supply chain interruption
What domestic positive factors made reshoring more attractive?Government Incentives, Infrastructure
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