Albuquerque Journal

South Korean manufactur­er headed to Church Rock

Glove-making firm to bring 350 jobs to Navajo Nation

- JOURNAL STAFF REPORT

A joint venture involving a South Korean company is expanding to Church Rock on the Navajo Reservatio­n, bringing 350 jobs.

Rhino Health, which makes sterile gloves, plans to invest more than $49 million in a 124,000-square-foot manufactur­ing facility and warehouse, Gov. Susana Martinez announced Thursday.

“This big win represents impactful job creation on the Navajo Nation and for rural New Mexico,” Economic Developmen­t Secretary Matt Geisel said.

The company describes itself as a U.S.based firm that has a global management team from Korean rubber conglomera­te Jungwoo Rubber & Plastic. The Church Rock location is Rhino Health’s first U.S. plant, a news release said.

It’s the second announceme­nt in as many days about a company with foreign ties setting up operations in New Mexico.

State officials announced Wednesday that Taiwanese manufactur­er Admiral Cable is moving to Santa Teresa, with 342 jobs expected.

Rhino Health specialize­s in nitrile gloves, which it says provides better protection for industrial purposes than latex because they are stronger and less likely to prompt allergic reactions.

The company will get $3.5 million in Local Economic Developmen­t Act money, with McKinley County acting as the fiscal agent. Also, Rhino Health will get up to $30 million in industrial revenue bonds issued by the county. The company would be responsibl­e for paying off the bonds, which provide it with some tax advantages.

The company will begin production early next year in an existing 20,000-square-foot building before starting the new facility, which will house most of its production lines, Geisel said.

Wages will start at $11 an hour, with management earning annual salaries of $30,000 to $60,000.

Navajo Nation President-elect Jonathan Nez, in a statement, welcomed Rhino Health, saying “We understand the importance of partnering with the private sector to bring economic opportunit­ies and most importantl­y jobs for the people.”

Geisel said the twin announceme­nts this week are the results of years-long efforts to make the state’s tax and economic environmen­t more favorable for business.

“We’re seeing some nice gains on the manufactur­ing side in New Mexico,” he said.

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