The Sandoval County Commission is set to decide Wednesday night whether to invest $800,000 in Local Economic Development Act (LEDA) money toward Akins Manufacturing to support the company’s job growth.
The money would be used to expand the site and make facility improvements. The plan calls for the building in Algodones to be about 18,500 square feet.
The LEDA funds would help create 40 new, permanent full-time jobs over five years and retain another 40 jobs over 10 years.
New jobs would include metal detailers and designers with an average salary of $60,000 ($28.25 per hour). Other new positions would be fabricators and welders, with an average salary of $42,000 ($20 per hour).
Other notable agenda items include:
- Using new legislative appropriations to improve Paseo del Volcan, as well as New Mexico Department of Transportation funds to replace two bridges on County Road 11.
- Increasing the budget to include the second half of American Rescue Plan Act (ARPA) money the county is scheduled to receive. That allotment will be made in May.