Thursday, September 10, 2020 3:09 PM EST
By The Associated Press, AP
SANTA TERESA, N.M. (AP) — A Taiwanese manufacturer of metal composite materials has announced it is relocating a distribution facility to a booming New Mexico border town. New Mexico Economic Development Secretary Alicia J. Keyes said Thursday the Xxentria Technology Materials Company has purchased land for its facilities in Santa Teresa, New Mexico, with a production plant planned in Chihuahua, Mexico. Keyes says the move was made after she met with company officials in Taiwan last year. Xxentria is a major producer of galvanized steel and aluminum composite panels for both the transportation and architecture industries. Keyes says the company plans to bring around 35 new jobs to the state.