(Deming) – A Deming manufacturing  company has been awarded  funds from the New Mexico Economic Development  Department’s Job Training Incentive Program to help create more jobs in  Deming.

Compass Components, a  privately held manufacturing services and distribution corporation located in  the Deming Industrial Park, received over 76-thousand dollars from the state program to create eight jobs. 

Compass Manufacturing  Services opened in April of 2007, in its 40-thousand square-foot harness  manufacturing facility.
The company specializes  in cable, harness and electro-mechanical assembly and system  integration.   Official say Compass  Components supports a variety of industry leaders in the transportation,  semiconductor, capital equipment and medical markets… as well as network and  telecom, test and measurement, and metal fabricator industries. 

State Economic  Development Secretary Jon Barela said the Job Training Incentive Program  provides job creators – like Compass Components – the assistance they may need  to take the next step and grow their company.

 He added that having a  steady stream of dollars available to help businesses hire and train workers has  been a great benefit to the state. 
     
Other businesses awarded job training funds were located in Albuquerque, Santa Fe, Clovis and Las  Vegas, New Mexico.

DEMING, N.M. (AP) - A food processing plant in Deming is closing  its doors just four years after  receiving a $500,000 city loan.
City officials say they've just  learned the Proper Foods plant plans to close and aren't sure what they can do.
Luna County economic development executive Linda Smrkovsky told city officials late last week that she's looking at options but hasn't  yet identified any.
The Deming Headlight  reports the City Council approved the loan using  state economic development funds in 2008.
Smrkovsky says about 125 workers make prepared frozen foods like tamales and stuffed peppers at  the plant.
The loan required the company  to maintain at least 100 full-time employees and make annual payments at a 3 percent interest rate. 
City officials were unable to  immediately provide the outstanding balance. Information from: Headlight, www.demingheadlight.com 
(Copyright 2012 by The Associated Press. All Rights Reserved.)