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Wed May 1, 2013
Three New Mexico Companies To Receive USDA Grants
Three New Mexico companies are getting help to expand under the federal Rural Development program that aims to create jobs in poor areas.
The grants are part of $17 million being announced Wednesday by Agriculture Secretary Tom Vilsack for 110 companies in 43 states.
In New Mexico, a company called Old Wood in Las Vegas that makes block wood floors is getting $300,000 to market its products globally. In Milan, a rural saw mill called Mt. Taylor Machine is getting $200,000 to manufacture boards and beams from lumber derived from trees harvested under Forest Service contracts. And in Embudo, Comida de Campos is getting $49,000 to package and sell fresh vegetables, fruits and salad from refrigerated vending machines.
Vilsack warns that grant program will go unfunded next year if Congress fails to pass a farm bill.
Copyright 2013 The Associated Press.