Welcome to our new web site!

To give our readers a chance to experience all that our new website has to offer, we have made all content freely avaiable, through October 1, 2018.

During this time, print and digital subscribers will not need to log in to view our stories or e-editions.

STAMPEDE MEAT

Stampede Meat receives $550,000 in state training funds

Posted

Stampede Meat, Inc. of Sunland Park was among 10 New Mexico companies to receive state Job Training Incentive Program (JTIP) funds in November, New Mexico Economic Development Department (EDD) Sec. Alicia J. Keyes announced in a news release. The award to Stampede Meat, $548,610, will pay for 90 trainees at an average wage of $14.07 an hour, the news release said.

“Stampede Meat is a leading provider of portion-controlled protein solutions,” EDD said. “The company creates seasoned and prepared, value-added meats, portion cuts and a variety of fully cooked meats that serve the numerous national food chains, restaurants, retailers, club stores, food service distributors, cruise lines, casinos, home delivery, military, hospitality, schools, airlines and other markets in the United States and internationally.”

JTIP’s reimbursement model pays 50 to 85 percent of a qualifying company’s trainee and intern wages. The percentage of reimbursement is higher for high-wage jobs and for jobs in rural or frontier areas.

The awards will support training costs for 212 new employees and three interns, EDD said.

Stampede Meat has four facilities in the Chicago area with a combined size of approximately 285,000 square feet with a combined production capacity in excess of 190 million pounds annually, according to https://stampedemeat.com/.

The company’s first facility in the western U.S. opened in Sunland Park in December 2018 in a facility that has 142,000 square feet and an annual production capacity of 100 million pounds, the website said.

Visit https://edd.newmexico.gov/business-development/edd-programs-for-business/job-training-incentive-program/.

 Stampede Meat received almost $2.2 million in JTIP funds in October 2020 for 377 trainees at an average hourly wage of $12.31. Stampede said at that time the company plans to have 1,295 full-time employees by June 2025.

Stampede Meat

X