EL PASO – Mexican food production company Grupo Bafar is investing $21 million in the Segundo Barrio, where it plans to build a new cold storage warehouse.
The company says it will renovate the building at 1600 E. 4th Ave. and build a new 61,000-sf facility that will include cold storage, warehouse, and administrative space. It may also include a cafeteria and market that’s open to the public.
The company expects to create 120 full-time jobs, with wages starting at $17.65 per hour.
To support the company’s expansion, the El Paso City Council and County Commissioners approved tax incentive packages totaling $881,693.
The company has also committed to using solar power to meet 95 percent of the facility’s power needs.
Construction is expected to be finished by December 2024.