NM employment incentive program brings 63 jobs to Santa Teresa business

SANTA TERESA, N.M. (KFOX14/CBS4) — A packaging company based in Santa Teresa is one of 12 New Mexico businesses that will receive state funding to boost job training and employment opportunities.

Franklin Mountain Packaging (FMP), a Santa Teresa-based company specializing in digital printing and die-cutting services, will receive $673,551 from September’s Job Training Incentive Program funds.

The funds were announced Monday by New Mexico Economic Development Department Cabinet Secretary Rob Black.

According to the EDD, Franklin Mountain Packaging can bring on 63 trainees at an average wage of $20.

The company reportedly purchased new die cutters and other equipment to expand its output and expects to be fully operational by late third quarter of 2024.

“The Economic Development Department is proud to support businesses and workers using New Mexico’s remarkable Job Training Incentive Program,” Sec. Black said. “It’s a joy to see New Mexico’s innovative and thriving companies utilize JTIP as a tool to expand their businesses, create new jobs, and help workers level up their skills.”

All told, New Mexico doled out $2.4 million to 12 companies, which will fund upwards of 177 employment opportunities.

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