New Mexico To Invest $5M To Keep McKinley Paper Mill In Business NewMexico’s Cabinet Secretary Alicia J. Keyes announced last week that a long-time paper factory in McKinley Coun- ty will receive economic assistance from the state so it can install new equipment and remain in business for the next decade, retaining at least 125 well-paying jobs. Here is a statement from the New Mexico Economic Development Department: McKinley Paper has been reliant on the Escalante Gen- erating Station for steam power. The 253-megawatt, coal- fired power plant near Prewitt, New Mexico, operated by Tri-State Generation and Transmission Association, closed at the end of August as the facility exhausted its remaining on-site fuel supply. The State of New Mexico, through the Economic Devel- opment Department, has pledged to invest $5 million from LEDA, the Local Economic Development Act, to sustain long-term operations at McKinley Paper. The LEDA grant will go toward construction of a new boiler and associated equipment, as well as inbound water systems and waste- water treatment. The company also recycles water to use within its system. “My administration has always been committed to pre- serving jobs in the northwestern part of our state,” Gov. CONTINUED ON PAGE 38
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November 2, 2020
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