Santa Teresa is Booming

New Mexico Business Weekly - If there’s a development hot spot in New Mexico in this economic downturn, it’s Santa Teresa in southern New Mexico. I’ve been writing about public and private efforts to build the Santa Teresa industrial zone since 1999. I’ve never seen such accelerated development, excitement and buzz at the border as I did in my latest reporting trip there in November. The Union Pacific Railroad’s $400 million investment in a new, intermodal transshipment hub, combined with the explosive growth in operations just south of the border by Taiwanese electronics manufacturing giant Foxconn, is generating unprecedented attention from national and international businesses interested in setting up operations.

Santa Teresa is Booming