Grupo Bafar investing $21M to build U.S. HQ in El PasoGrupo Bafar investing $21M to build U.S. HQ in El Pasohttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=301752023-11-06T06:00:00Z2023-11-08T00:00:00Z

EL PASO – Mexican food production company Grupo Bafar is investing $21 million in the Segundo Barrio, where it plans to build a new cold storage warehouse.

The company says it will renovate the building at 1600 E. 4th Ave. and build a new 61,000-sf facility that will include cold storage, warehouse, and administrative space. It may also include a cafeteria and market that's open to the public.

The company expects to create 120 full-time jobs, with wages starting at $17.65 per hour.

To support the company's expansion, the El Paso City Council and County Commissioners approved tax incentive packages totaling $881,693.

The company has also committed to using solar power to meet 95 percent of the facility's power needs.

Construction is expected to be finished by December 2024.

El Paso Inc.
El Paso
https://www.elpasoinc.com/news/local_news/mexican-company-announces-21-million-expansion-in-el-paso/article_a0eb8d28-7364-11ee-8a2b-b7dc8f280f76.htmlRead more at {Source}

 Search NewsTalk Texas