Governor Susana Martinez and New Mexico Economic Development Department Cabinet Secretary Jon Barela announced in February, with San Juan County and the Four Corners Economic Development Corporation, that Praxair, Inc., will directly and indirectly support the creation of over 200 new jobs over the next three years.
The new direct and indirect jobs are a result of the company’s recent plant expansion in Kirtland, 10 minutes from Farmington, which will produce and supply local oil and gas producers with liquid nitrogen for the development of natural resources.
Praxair’s investment is estimated to generate 216 jobs: 139 direct jobs in construction and capital equipment industries, 31 indirect jobs in supplier industries and 46 induced jobs based on the indirect job creation.
Praxair announced the completion of the first phase of its plant expansion, built to support the growing nitrogen demand from San Juan Basin’s oil and gas industry, in Kirtland in August, 2013. The final plant expansion was completed in January of this year. This increases total capacity at the site to 300 tons per day of liquid nitrogen, in addition to gaseous nitrogen that is being supplied to local pipeline customers.
Praxair will qualify for incentives like the state’s high-wage tax credit, state and local sales tax exemptions for machinery and equipment in addition to personal property tax exemption.
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