Specializing in shafts, axles, and gears for everything from automobiles to motorcycles and tractors, a growing manufacturing company based in Taiwan has announced plans to build in southern New Mexico.
Hota Industrial Manufacturing has announced that it wants to put up a new manufacturing facility on a 30-acre site inside the Westpark Industrial Park in Santa Teresa.
The company, started in 1966 as Hexel Industrial, has emerged through the decades as a giant in the gear manufacturing world and currently has operating facilities in both China and Japan.
In the West it has opened plants in Detroit, Los Angeles, and Monterrey, Mexico.
The company’s decision to build in Santa Teresa comes after extensive talks with State of New Mexico officials. Ultimately, said Alicia Keyes in a statement, “Hota chose New Mexico’s Borderplex because of the availability of desirable land, the workforce, and our logistical advantages that provides access to both Mexico’s factories and North American customers.”
The Secretary for the New Mexico Economic Development Department added that Hota is one of several growing companies “who see New Mexico as a solution to fortify and diversify their global supply chain.”
The Hota company is nothing if not innovative. According to the book The Future of Work in Asia and Beyond, the company emerged from the global Great Recession of more than a decade ago by incorporating robotics, artificial intelligence, and cloud computing into its production procedures.
Hota also “redesigned its operational processes,” the layout of its main factory, and quality control mechanisms “to accommodate the technology and production overhauls.”
According to the Wall Street Journal, Hota last year saw revenues in excess of $7.3 billion.
By Garry Boulard