In a recent Bernalillo County Commission meeting, significant developments in economic growth were discussed, particularly regarding the Maxion American manufacturing project. The commission approved an amendment to the project participation agreement, allowing Maxion to shift from constructing a new facility at Mesa Del Sol to leasing an existing site on San Mateo Boulevard. This change is expected to expedite the assembly of solar panels, a move that aligns with the company's current operational needs.
Marcos Gonzalez, the executive development officer, highlighted that this strategic pivot will enable Maxion to begin operations sooner while still investing over $100 million to retrofit the facility and an additional $150 million in new equipment. The project is anticipated to create nearly 300 jobs, a significant boost for the local economy. The assembly operations are set to commence in early 2026, providing a timely opportunity for employment in the area.
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Subscribe for Free Commissioners expressed their support for the amendment, noting the importance of job creation and the potential for higher wages. The average salary for the new positions is projected to be around $47,000 for operators, which is an increase from previous estimates. This adjustment addresses earlier concerns about low wages and the need for public assistance among workers.
While the Mesa Del Sol site remains on hold, the commission emphasized that this amendment does not involve any county funding. Instead, it allows the state to utilize its Local Economic Development Act (LEDA) funds for the assembly site. The county's role is primarily as a facilitator, ensuring that the project can move forward without financial commitment from local taxpayers.
Overall, the meeting underscored a proactive approach to economic development in Bernalillo County, with a focus on adapting to changing circumstances while still aiming for long-term growth and job creation. The commission's actions reflect a commitment to supporting local employment and fostering a business-friendly environment, which will ultimately benefit the community.