23 October 2012

Western Baking Corporation to create 300 to 500 jobs in Alamogordo, New Mexico

Alamogordo – 19 October 2012 - Governor Martinez announced today during a ribbon cutting ceremony that Western Baking Corporation will create 300 to 500 jobs in Alamogordo over the next three to five years. Western Baking Corporation is a cookie and cracker manufacturing company that acquired the assets of the former Marietta Biscuit plant and began production in mid-September of 2012. Wages at Western Baking will average $14.50 per hour. 

“This is an exciting day for New Mexico as we announce the creation of more than 300 well-paying jobs in Otero County,” said Governor Martinez. “Our work to make New Mexico a better place to do business has paid off once again as an established company invests millions of dollars into building a state-of-theart facility that will put New Mexicans to work. We have been working hard to make New Mexico a great place for manufacturers and we hope to welcome more companies like Western Baking to the state.” 

Western Baking Corporation has been working with the New Mexico Department of Workforce Solutions to fill the positions with New Mexican workers. The company has also been awarded $95,202 in Economic Development Department’s Job Training Incentives Program funds to assist in the training of 36 employees

“New Mexico has many unique assets to offer such as its transportation links to I-40 and I-10, and on this location in particular, a rail spur that will improve our competitiveness by lowering the cost of raw ingredients when re-activated,” said Bruce Olsen, president of Western Baking Company. “We have enjoyed working with the New Mexico Economic Development Department and Otero County Economic Development Council in our efforts to open Western Baking at the old Presto plant building.” 

To date, the company has invested more than $15.2 million and anticipates future investments between $13.8 million to $15 million. The company has already seen a large amount of interest expressed in their product and has set their first year volume forecast at $18.9 million. 

Western Bakery Company is owned by four of the Perez Morett brothers of Guadalajara. The brothers are part of a family that together own at least 12 corporations in Mexico in the manufacturing, agricultural, and distribution businesses, with annual revenues in the range of $1 billion. Western Bakery’s core management, operations, and sales personnel have a collective 197 years in the Cookie & Cracker industries, while also having well over 200 years of collective experience in the Private Label and Contract Packing industries. 

Source: New Mexico Economic Development