Las Cruces, N.M. – Today, Governor Susana Martinez announced that international industrial & manufacturing company, Admiral Cable, will expand to Santa Teresa and create up to 342 new manufacturing jobs. Admiral Cable’s backers, founders and leaders represent an elite group of Taiwanese industrial/manufacturing entrepreneurs and investors. The company also plans to invest approximately $50 million in building a new 65,000 square foot facility in phase one, with additional construction bringing the total plant to nearly 175,000 square feet. This international recruitment is supported by New Mexico’s closing fund, LEDA.