Belen will get a big economic boost with the expansion of a wind-tower manufacturer into the area, one that will add roughly 250 jobs. Texas-based Arcosa Inc. announced Tuesday its subsidiary, Arcosa Wind Towers, will open a wind-tower production facility in Belen with production to begin as soon as next year.
The company’s expansion into New Mexico is aided by $4 million in Local Economic Development Act money from the state, which will be disbursed as the company meets economic development benchmarks.
“We look forward to expanding our manufacturing capacity to New Mexico, where market demand for new wind projects is robust,” Antonio Carrillo, president and CEO of Arcosa Inc., said in a statement. “Our new facility will strengthen our position in the wind-tower market and enable Arcosa to benefit from growing wind investment in the Southwest. We are pleased to create new jobs in the State of New Mexico, which has been a supportive partner and a strong proponent of wind-energy development.”
The announcement of the new facility comes as the company has received $750 million in tower orders, many of which are for projects in the southwest. Deliveries of those orders are expected to begin in 2024 and go through 2028, the company said.