Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Las Cruces approves IRB for Endurance Technologies; company pledges 41 jobs
Summary
Council approved an industrial revenue bond ordinance for Endurance Technologies, clearing a 20-year tax-abatement arrangement linked to a $17.6M investment and a projected 41 jobs averaging $58,000 in annual pay; ordinance includes pilot payments and clawback provisions.
Las Cruces City Council on Nov. 17 adopted an ordinance authorizing an Industrial Revenue Bond (IRB) for Endurance Technologies, a steel‑pipe manufacturer planning a new U.S. facility in the city's industrial park.
City economic development staff told the council the project involves roughly $17.6 million in capital investment and…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
