Auto Parts Supplier Chooses El Paso Suburb for $99M Plant

Hota Industrial Manufacturing has announced plans to begin manufacturing in Santa Teresa, New Mexico, a town bordering El Paso. The Taiwanese company, which supplies auto parts, will invest $99 million into the project, generating 350 new jobs. Hota manufactures powertrain components such as gears and shafts for automobiles, motorcycles, and agricultural tractors. Hota is a supplier for Tesla.

The new facility will be on 30 acres of land, and construction is expected to begin in 2024. Hota received $3 million from the state’s Local Economic Development Act (LEDA) Job-Creation Fund and may qualify for additional incentives like the High Wage JobsTax Credit, the Manufacturers Investment Tax Credit, and job-training assistance through the Job Training Incentive Program (JTIP). 

Hota Chairman David Shen touted the area’s attributes, “Its location makes it a one-day trucking distance to many of our main customers. Transportation infrastructure is in place to support the logistics of our goods and services. Utility supply is stable and relatively inexpensive.”