Like most of east-central New Mexico and west Texas, the surrounding area plays host to significant agriculture and ranching activities, including peanut and cotton farming and cattle ranching used for both meat and dairy production. Several processing plants exist for these products; in 2004 construction began on the Southwest Cheese Company plant between Clovis and Portales. The plant commenced operations in late 2005 and provided a small boost to the local economy by employing over 200 personnel. It is one of the largest plants of its type in the world, processing milk provided by the numerous local dairies in excess of 2.3 billion pounds of milk annually.