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Lujan Grisham announces new manufacturing plant coming to Santa Teresa
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Gov. Michelle Lujan Grisham announced Wednesday that Taiwan-based Hota Industrial Manufacturing plans to set up a plant in Santa Teresa. “(Hota) are very interested, of course, in the job training program, JTIP, and a number of other aspects which made New Mexico very attractive,” Lujan Grisham said.
Hota makes automotive gears for North American and European clients, such as Tesla. The company signed an agreement for a 30-acre parcel in Westpark Industrial Park in Santa Teresa. The project is expected to bring 350 jobs to New Mexico and invest $99 million in the state. The state has granted $3 million from the Local Economic Development Act Job-Creation Fund to Hota to help with land, building and infrastructure costs.