Local economic development

Gov. Lujan Grisham and Array Technologies Announce N.M. Expansion

Retrieved on: 
Thursday, November 2, 2023
ATI Technologies, Strategic planning, EDD, State, Local economic development, LEDA, New Mexican, Engineering, City, Growth, Array, Economic development, Ecosystem, Investment, Renewable energy

Michelle Lujan Grisham and Array Technologies CEO Kevin Hostetler announced today that Array Technologies (NASDAQ: ARRY) (“Array” or “the Company”) has finalized plans for a major expansion that will solidify the Company’s New Mexico future with a new $50 million manufacturing campus in Bernalillo County that will keep hundreds of jobs secure for New Mexicans.

Key Points: 
  • Michelle Lujan Grisham and Array Technologies CEO Kevin Hostetler announced today that Array Technologies (NASDAQ: ARRY) (“Array” or “the Company”) has finalized plans for a major expansion that will solidify the Company’s New Mexico future with a new $50 million manufacturing campus in Bernalillo County that will keep hundreds of jobs secure for New Mexicans.
  • Array, one of New Mexico’s few publicly traded companies, got its start manufacturing solar tracker technology over 30 years ago in Albuquerque.
  • The 22-acre expansion will allow Array to hire nearly 100 new employees over the next several years.
  • The Albuquerque Regional Economic Alliance (AREA), a non-profit economic development organization, is assisting Array with site selection, labor-force, tax analysis, and strategic planning on its expansion.

Albuquerque Regional Economic Alliance: Germany-Based mtex Brings Investments in Technology, Engineering, Machining to Albuquerque

Retrieved on: 
Friday, September 29, 2023
Workforce, University of New Mexico, Maintenance, Innovative Space-based Radar Antenna Technology, EDD, University, Education, Associated Universities, Inc., NRAO, National Science Foundation, Telescope, National Radio Astronomy Observatory, LEDA, Research, Science, Local economic development, Stenvers, Student, City, Investment, Engineering, Astronomy, Economic development, Smithsonian Astrophysical Observatory, Radio, STEM, Growth, Government, Next Generation, Drug, Renewable energy, Spice, Surveying, New Mexico Institute of Mining and Technology

Those attending included Mark Roper, New Mexico Economic Development Department (EDD) Economic Division Director and City of Albuquerque Economic Development Director Max Gruner, both of whom have been instrumental in recruiting mtex to New Mexico.

Key Points: 
  • Those attending included Mark Roper, New Mexico Economic Development Department (EDD) Economic Division Director and City of Albuquerque Economic Development Director Max Gruner, both of whom have been instrumental in recruiting mtex to New Mexico.
  • The company plans to invest $16 million into its Albuquerque facility at the Sandia Science and Technology Park.
  • “The greater Albuquerque region is paving the way to becoming a top location for innovation industry investment,” said Danielle Casey, President & CEO of the Albuquerque Regional Economic Alliance (AREA).
  • The new mtex facility in Albuquerque will also play a major role for the integration and testing of these new submm Telescopes.

SCO Industrial Chain & Supply Chain Forum held in Qingdao

Retrieved on: 
Monday, June 19, 2023
Workforce Innovation in Regional Economic Development, 2017 SCO summit, Local economic development, Council, Shanghai Cooperation Organisation, Ecology, B&R, SCO, Oil

QINGDAO, China, June 19, 2023 /PRNewswire/ -- On June 15-16, the SCO Industrial Chain & Supply Chain Forum was held in Qingdao under the theme of "Synergy and Win-Win Chaining up for a New Future of Regional Economic Cooperation".

Key Points: 
  • QINGDAO, China, June 19, 2023 /PRNewswire/ -- On June 15-16, the SCO Industrial Chain & Supply Chain Forum was held in Qingdao under the theme of "Synergy and Win-Win Chaining up for a New Future of Regional Economic Cooperation".
  • On September 16, 2022, Chinese President Xi Jinping announced at the 22nd meeting of the Council of Heads of State of the Shanghai Cooperation Organization (SCO) that Qingdao will host the SCO Industrial Chain & Supply Chain Forum 2023.
  • There were several important events on the opening ceremony of the SCO Industrial Chain & Supply Chain Forum and 2023 SCO International Investment and Trade Expo, such as the release of the Qingdao Initiative of the SCO Industrial Chain & Supply Chain Forum, the release of Version 2.0 of the China-SCO Comprehensive Service Platform for Local Economic and Trade Cooperation, and the launch of China-SCO Industrial Park Alliance.
  • Moreover, the Qingdao Initiative of the SCO Industrial Chain & Supply Chain Forum calls for strengthening cooperation in the supply chain within the organization and globally, enhancing the coordination and cooperation within the organization, supporting investment cooperation that is conducive to the stability, security and resilience of the industrial chain & supply chain, etc.

City of Las Cruces Announces Saputo Cheese USA Expansion in Las Cruces, NM

Retrieved on: 
Tuesday, November 29, 2022
Growth, City manager, LEDA, Secretary of State of New Mexico, City, Human, Plant, Cheese, Free-trade zone, Local economic development, Economic development, Industrial park

Las Cruces, NM, Nov. 29, 2022 (GLOBE NEWSWIRE) -- The City of Las Cruces announces the expansion of the Saputo Cheese USA facility located at 355 Crawford Boulevard at the Las Cruces Innovation and Industrial Park.

Key Points: 
  • Las Cruces, NM, Nov. 29, 2022 (GLOBE NEWSWIRE) -- The City of Las Cruces announces the expansion of the Saputo Cheese USA facility located at 355 Crawford Boulevard at the Las Cruces Innovation and Industrial Park.
  • This is a monumental project for the City of Las Cruces, and we applaud Saputo for their commitment to growth and expansion in Las Cruces, said Ifo Pili, City Manager of Las Cruces.
  • For more information on the Las Cruces Innovation & Industrial Park, go to Las Cruces Innovation & Industrial Park .
  • About the Las Cruces Innovation & Industrial Park: The Las Cruces Innovation & Industrial Park is Quest Site Certified and offers 500 acres ready for lease/purchase and 400 acres that are shovel ready.

Curia Celebrates Ground-breaking Ceremony in Albuquerque

Retrieved on: 
Thursday, October 27, 2022
Other Health, Research, General Health, Professional Services, Pharmaceutical, Venture Capital, Other Manufacturing, Science, Biotechnology, Manufacturing, Other Science, Health, R, Office of Inspector General, U.S. Department of Health and Human Services, LEDA, Secretary of State of New Mexico, Administration, Development, Local economic development, BE, HHS, CEO, McDonnell Aircraft Corporation, Organization, Vaccine, Department, Syringe, Economic development, Radiation, Multimedia, Leadership, Biomedical Advanced Research and Development Authority, BARDA, JTIP, ASPR, U.S. Department of Defense Strategy for Operating in Cyberspace, Army, Health, Job, Management, Pharmaceutical industry

Curia, a leading contract research, development and manufacturing organization, today hosted a ground-breaking ceremony to mark the beginning of construction of its expanded campus in Albuquerque, New Mexico.

Key Points: 
  • Curia, a leading contract research, development and manufacturing organization, today hosted a ground-breaking ceremony to mark the beginning of construction of its expanded campus in Albuquerque, New Mexico.
  • View the full release here: https://www.businesswire.com/news/home/20221027006125/en/
    Left to right: City of Albuquerque Mayor Timothy M. Keller, New Mexico Governor Michelle Lujan Grisham, Curia Chairman and CEO John Ratliff, New Mexico Economic Development Cabinet Secretary Alicia J. Keyes, Curia Albuquerque Vice President and General Manager Jonathan Shoemaker.
  • (Photo: Business Wire)
    We are delighted to recognize the beginning of construction for this much-needed expansion in bioscientific capacity and capabilities, said Curia Chairman and CEO, John Ratliff.
  • Curia is also eligible for state assistance for employee job training from JTIP, New Mexico's Job Training Incentive Program.

Qingdao-SCO Pearl International Expo Center Promotes a New SCO-platform for Opening up

Retrieved on: 
Thursday, September 15, 2022
Exhibition, Nanjing International Expo Center, Culture, Welding, New Silk Road Initiative, COVID-19, Counties of China, Yangtze, Belt, Technology, Deep, SCO, Expo Center, Tourism, Local economic development, Oil

QINGDAO, China, Sept. 15, 2022 /PRNewswire/ -- A brand-new "SCO landmark", QingdaoSCO Pearl International Expo Center, will be officially launched on 30 September 2022 according to the China-SCO Local Economic and Trade Cooperation Demonsttation Area Administrative Committee.

Key Points: 
  • QINGDAO, China, Sept. 15, 2022 /PRNewswire/ -- A brand-new "SCO landmark", QingdaoSCO Pearl International Expo Center, will be officially launched on 30 September 2022 according to the China-SCO Local Economic and Trade Cooperation Demonsttation Area Administrative Committee.
  • Most of them are spatial irregular shaped components, causing greater difficulties in processing, assembly and welding.
  • The consumption of steel components amounts to 14,500t and the number of rods has exceeded 15,000 pieces."
  • The "beauty of strength" revealing in the steel structure has fully demonstrated and expressed the "seashell shape" of the roof of the complex.

Sunstone Management Welcomes Director of Economic Development Eric Romero

Retrieved on: 
Monday, July 18, 2022
Banking, Professional Services, Finance, Local economic development, CEO, Government, Innovation, City, Solution, Chief business development officer, Association, Knowledge, Revolving Loan Fund, Financial Times, Public affairs, Business development, Economic development, Sunstone, CSULB, COVID-19, CA, LBA, Urban planning, Region, Partnership, California State University, Long Beach, University, Financial services, Sociology, Entrepreneurship

Building on its position as a leader in supporting local economic development through innovative public-private partnerships, Sunstone Management today announced that Eric Romero, a long-time community member with a proven track record helping small and underrepresented businesses gain access to capital and technical assistance, has been named Director of Economic Development.

Key Points: 
  • Building on its position as a leader in supporting local economic development through innovative public-private partnerships, Sunstone Management today announced that Eric Romero, a long-time community member with a proven track record helping small and underrepresented businesses gain access to capital and technical assistance, has been named Director of Economic Development.
  • Sunstone Managements unique approach to collaborative economic development is leading the way for a new approach to venture capital investment, said Romero.
  • He also recently received Accredited California Economic Developer status from the California Association for Local Economic Development, Californias premier economic development association.
  • Sunstone Management, with the Sunstone Venture Capital Fund, is a diversified private capital management and investment firm offering comprehensive wealth management solutions to high-net-worth clients worldwide.

Major Manufacturing Facility Coming to Albuquerque Region Creating 950 Jobs, Purchasing 1,300 Acres in Central New Mexico Rail Yard

Retrieved on: 
Thursday, June 2, 2022
Manna, LEDA, Revenue, Economic development, Aluminium, Transport, COO, Business development, CEO, Letter, Southwestern United States, PNM, Growth, GLOBE, PNM Resources, APriori Capital Partners, Local economic development, Industry, Recycling, Secretary of State of New Mexico, Ball Corporation, Village, Amusement park, Management, Renewable energy, TECO Energy

Mannas team has demonstrated that it will be a tremendous corporate citizen in the state and an employer of choice in the region.

Key Points: 
  • Mannas team has demonstrated that it will be a tremendous corporate citizen in the state and an employer of choice in the region.
  • The facility plans to be one of the greenest, and highest quality providers of aluminum can sheet in the US.
  • For assistance in evaluating the Albuquerque region for future investment please contact Grant Taylor, Director of Business Development, AREA at [email protected] or at 505-705-3787.
  • Since its creation in 1960, AREA has recruited more than 250 companies and more than 35,000 jobs to the Albuquerque metro area.

Village of Los Lunas: Gov. Lujan Grisham announces major manufacturing facility in Valencia County

Retrieved on: 
Thursday, May 26, 2022
Manna, Ball Corporation, APriori Capital Partners, Wine, Electricity, Investment, Village, Southwestern United States, Aluminium, Junior Bridgeman, Transport, Workforce, EDD, Carbon, LEDA, Board, Secretary of State of New Mexico, Local economic development, Economic development, Letter, Energy, Drink, PNM, Acquisition, Growth, Water, Revenue, GRT, CEO, Public service company, Recycling, GLOBE, Renewable energy, Drug, Amusement park, Albuquerque metropolitan area, New Mexican

The group has signed a letter of intent to purchase a 1,300-acre parcel in Los Lunas with construction set to start by late 2023 and manufacturing in 2026.

Key Points: 
  • The group has signed a letter of intent to purchase a 1,300-acre parcel in Los Lunas with construction set to start by late 2023 and manufacturing in 2026.
  • The governor has specifically targeted sustainable manufacturing for additional state investment in order to diversify New Mexicos economy and create higher-paying jobs.
  • This is a great day for the Village of Los Lunas, Valencia County, the Greater Albuquerque metro, and the state of New Mexico.
  • The assistance is pending formal review and approvals from the governing bodies of Valencia County and the Village of Los Lunas.

Major Bioscience Company Expands with the Help of State Funds

Retrieved on: 
Thursday, March 24, 2022
Winchester City Council elections, Radiation, Degenerative disease, Investment, Biomedical Advanced Research and Development Authority, Economic development, LEDA, Vaccine, Environment, Cancer, CEO, AMRI, Albuquerque City Council, Assistant, Workforce, Lead, Industry, Office of the Assistant Secretary for Preparedness and Response, Army, Ecosystem, Local economic development, United States Department of Health and Human Services, GLOBE, Department, R, Cabinet, Patient, JTIP, Syringe, Secretary of State of New Mexico, City, Renewable energy, Management

The company is set to add up to 274 employees in Albuquerque with an average salary over $50,000.

Key Points: 
  • The company is set to add up to 274 employees in Albuquerque with an average salary over $50,000.
  • The company is also eligible for state assistance for employee job training from JTIP, New Mexico's highly touted Job Training Incentive Program.
  • Curia is also adding an isolated flexible filling line for vials, syringes, and cartridges at its Balloon Park Road facility.
  • New Mexico continues to attract sophisticated companies that are taking the lead in global healthcare and sciences, Gov.