Cummins, a global manufacturing company based out of Columbus, Indiana, announced Thursday it is adding 10 jobs and expanding its Clovis operations.
Cummins will invest $25 million to add a new remanufacturing disassembly, cleaning and inspection line and new equipment as well as expanding its warehouse by 22,000 square feet. Construction began last month and the warehouse is expected to be fully operational by June. The company has operated in Clovis for more than 40 years.
Cummins will also receive up to $150,000 in Local Economic Development Act funding, as well as $290,000 from the city of Clovis through an Economic Incentive Board grant, said the New Mexico Economic Development Department. Cummins will create 10 new jobs in the first two years and maintain those jobs for the duration of their 10-year lease, said spokeswoman Jessica Mraz. A company spokesperson was unavailable for immediate comment.
LEDA funding is money granted to local governments to aid expanding or relocating businesses. The City of Clovis will act as the fiscal agent for the LEDA award.
Cummins, which designs and manufactures engines and other vehicle parts, employs over 58,000 globally and saw 20.4 billion in sales in 2017.