Raytheon New Mexico Expansion Aided by Local Economic Development Act Funding

The design and construction of a warehouse at a Raytheon Diné facility in the NAPI Industrial Park near Farmington, New Mexico is getting state funding in the form of Local Economic Development Act (LEDA) funds.

New Mexico LEDA

New Mexico LEDA

To be specific, the New Mexico Economic Development Department is providing San Juan County $200,000 in LEDA funding on behalf of the Raytheon expansion project.

New Mexico communities that have passed LEDA have in effect created an economic development organization with a strategic plan for entering into public-private partnerships for an economic benefit.

The Act empowers communities to embark on economic development projects tailored to their local needs, and further allows counties and municipalities to enter into “Joint Powers Agreements” that are helpful in planning for and supporting regional projects.

LEDA can be used to support infrastructure and improvement projects, economic development projects that create jobs, and retail sector projects. The LEDA funding being provided to San Juan County will help retain 42 jobs and create two new jobs.

New Mexico Economic Development Cabinet Secretary Jon Barela said this funding was much needed to help Raytheon fulfill its current mission and expand capacity. Sec. Barela said the LEDA program is a great tool to help the department expand and recruit economic-base jobs to New Mexico, and added that they are happy at being able to assist San Juan County and Raytheon.

The Raytheon Diné facility has a total of 207 employees, and has been located since 1989 at the 250-acre Navajo Agricultural Products Industry (NAPI) Industrial Park located a few miles south of Farmington. They produce electro-mechanical assemblies for the Tucson, AZ-based Raytheon Missile Systems (RMS).

The NAPI Industrial Park is a part of the Navajo Reservation covering 24,000 square miles spread across New Mexico, Arizona and Utah. The Navajo Nation last year approved $3.3 million for Raytheon Diné’s expansion project. This funding is being provided from their Business Industrial Development Fund.

RMS Spokesman John Patterson said the company values its relationship with the Navajo Nation, San Juan County and the State of New Mexico, and added that they will use the new warehouse to more effectively manage operations at the NAPI Industrial Park facility.

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