Admiral Cable New Mexico Expansion Begins
The Admiral Cable New Mexico expansion marks a major step in the company’s plan to grow its U.S. manufacturing footprint. Taiwan-based Admiral Cable will build a new facility in Santa Teresa, New Mexico, investing $50 million in the first phase. The project will begin with a 65,000-square-foot plant and expand to 175,000 square feet over time.
Admiral Cable produces assembled electrical cords, power supplies, and industrial wire and cable products. Learn more at https://www.admiralcable.com.
Job Creation and Economic Impact
The expansion will create 342 jobs in the region. New Mexico’s government supports the project with up to $3.92 million through the Local Economic Development Act (LEDA), which you can explore at https://edd.newmexico.gov.
State officials initiated discussions with Admiral Cable during a trade visit to Taiwan, which led to the company’s decision to invest in Santa Teresa.
Strategic Location Advantages
Admiral Cable selected Santa Teresa for its proximity to key customers and efficient access to U.S. markets. The location strengthens supply chain performance and provides access to a skilled labor force.
T. C. Huang, chairman and CEO of I-Sheng Electric Wire & Cable (https://www.isheng.com), emphasized the benefits of domestic production. He noted that New Mexico offers a competitive operating environment that enables the company to compete directly with foreign-made products.
Why New Mexico Attracts Manufacturers
New Mexico continues to attract manufacturers with its favorable business climate, competitive costs, and strong government support. Admiral Cable’s investment reflects growing confidence in the region as a hub for industrial growth.
