Admiral Cable New Mexico Expansion Begins
Theย Admiral Cable New Mexico expansionย marks a major step in the companyโs plan to grow itsย U.S. manufacturing footprint. Taiwan-basedย Admiral Cableย will build a new facility inย Santa Teresa, New Mexico, investingย $50 millionย in the first phase. The project will begin with aย 65,000-square-foot plantย and expand toย 175,000 square feetย over time.
Admiral Cable producesย 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 createย 342 jobsย in the region.ย New Mexicoโs governmentย supports the project with up toย $3.92 millionย through theย Local Economic Development Act (LEDA), which you can explore at https://edd.newmexico.gov.
State officials initiated discussions with Admiral Cable during aย trade visit to Taiwan, which led to the companyโs decision to invest in Santa Teresa.
Strategic Location Advantages
Admiral Cable selectedย Santa Teresaย for itsย proximity to key customersย andย efficient access to U.S. markets. The location strengthensย supply chain performanceย and provides access to aย skilled labor force.
T. C. Huang, chairman and CEO ofย I-Sheng Electric Wire & Cableย (https://www.isheng.com), emphasized the benefits ofย domestic production. He noted thatย New Mexico offers a competitive operating environmentย that enables the company to compete directly withย foreign-made products.
Why New Mexico Attracts Manufacturers
New Mexicoย continues to attract manufacturers with itsย favorable business climate,ย competitive costs, andย strong government support. Admiral Cableโs investment reflects growing confidence in the region as aย hub for industrial growth.
