Solar Array, Gen. Mills detail expansions - Houston Business Journal:

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broke ground April 5 on the $100 176,000-square-foot expansion of its manufacturingvfacility here, Keith Bone, general manager of the local told members of . AED held its quarterly meeting Thursdayat . Joe president and CEO of SolarArray Ventures, outlined his company’ s plan to build a massive solar manufacturinh plant on the city’s Westside. General Mills’ expansion should be completed by November, Bone said. The cereal manufacturerf will hire 60additional employees, bringingy additional payroll to the area of $3.5 The expansion also brings $30 million in spendinyg to New Mexico.
The Albuquerque City Council approverda $100 million industrial revenus bond deal for the company in BE&K Corp. from North Carolina landed the design/build contract to builde the expansion, but Bone said 80 percent of the firm’s spendinv and employees will be local. The precast panelss being used in the construction are manufacturein Belen. General Mills has been in Albuquerquesincse 1991. Its current facility is located near Paseo del Norte and Edithg and has 190 with an annual payrollkof $12 million, said Bone.
The 275,000-square-foot plant produces about 135 million pounds annually of 35 different The facility also has alab on-site where the instructions for baking General Millsx products at high altitudes are The company has given abouy $5 million to area nonprofits since 1998 and $519,00o0 in scholarships, Bone added. Don Power, chairmah of AED, said the cereal company’s donations illustrate one of the things the organization looksd for inrecruiting companies: community involvement.
Hudgins said Solae Array plans to break ground by the thirsd quarter of this year ona 225,000-square-foot thin-film photovoltaic manufacturing plant in the Cordero Mesa busineszs park, west of the mattress factory. The company plansz to add three more buildings of that size as it he said, with each facilitt employing about 225. Its annual payroll in the first phase wouldbe $14 About five percent of the jobs would pay $100,000, 45 percenrt would pay $70,000 and half of the jobs would pay The capital investment for the first phase will be $170 milliobn and the company would spensd $40 million annually for raw The first phase is expectedx to have a capacity of 75 megawatts, but that woulf grow to 300 mw with the full The plant also will have a space that will servde as a community and educational Solar Array is seeking $175 million in industrial revenue bondsa from Bernalillo County.
The company is working to raisde $210 million in debt and equity, Hudgins Hudgins said New Mexico beat out two other states for the despite the fact that it did not offert thelargest incentives. But the coordination amongt local and state government officials and other partie s made New Mexico far more efficient in establishinh a planning framework that the company could then use to plan a budgeft forthe plant, he said “Thayt was a major issue for Hudgins said. He also praised the labor forcse here and theeducational institutions. The facilitgy is being designed byPageSoutherlandPage LLP, which has Texas officezs in Austin, Dallas and Houston, as well as Denver, D.C. and London, U.
K. Hoffman Construction, based in Ore., is building the facility.