In New Mexico, Navitas Global LEDA assistance to add jobs and expand operations through a program administered by the New Mexico Economic Development Department (EDD). Navitas specializes in converting whey derivatives, a sugar-rich byproduct of dairy processing, into advanced biofuels and high-protein animal feed. Climate solutions and green and sustainable energy are top priorities for Gov. Michelle Lujan Grisham, whose administration noted it as a target industry for sustainable economic growth.
To better position them for success within the local economy, the NM Local Economic Development Act (LEDA) fund has pledged $800,000 to Navitas Global for the creation of 31 new jobs with an estimated annual payroll of $1.9 million and a capital investment up to $42 million.
The Navitas facility is located in the city’s industrial park at 1827 S. Industrial Dr. The plant was built in 1984 but has been inactive since Abengoa Bioenergy suspended ethanol production at the plant in 2012. The project is expected to be completed by the end of 2026.
Tags: Navitas Global, New Mexico
Category: Fuels
