Farmington - Governor Susana Martinez has announced that Process Equipment and Service Company (PESCO), a long-time New Mexico family-run manufacturing and service business, will expand in Farmington, creating another 150 manufacturing-related jobs. The announcement comes just two days after another family-run manufacturer, Accurate, announced the creation of 250 new jobs in Los Lunas. Average salary is $40,000 a year plus benefits for PESCO's new positions.
"PESCO is a home-grown company, marking a significant expansion," said Governor Martinez. "I had the pleasure of touring the PESCO facility a couple years ago, and we talked at that time about ways in which the State could better partner with businesses in order to make expansions like this possible. Diversifying our economy is critical to long-term economic growth in New Mexico, because we know that we simply cannot continue to rely on a dysfunctional federal government to chart our economic course."
PESCO will expand their current facility by 16,000 square feet. PESCO was founded in Farmington in 1970. PESCO currently employs 340 workers, and operates in nearly 100,000 square feet of production space. PESCO has become a leader in engineering, manufacturing, and servicing production equipment for the oil and natural gas industry.
Information from Office of New Mexico Governor