Category Archives: Revolving Border Fund
New Mexico Governor Susana Martinez spoke Tuesday (April 4th) before signing three bills into law. (Victor Calzada / El Paso Times)
With a stroke of a pen, New Mexico Gov. Susana Martinez on Tuesday started the wheels rolling for a proposed $400 million Union Pacific rail facility in Santa Teresa.
Martinez, appearing in a Santa Teresa warehouse filled with politicians and area business people, signed recently passed state legislation exempting Union Pacific from paying locomotive fuel tax so the railroad company will develop the new facility.
The locomotive fueling station and intermodal freight yard are expected to create 3,000 jobs during four years of construction and bring 600 permanent jobs, Union Pacific officials have said.