Month: August 2018

Airport Expansion Eyed for New Mexico’s Booming Oil Region

August 29th, 2018 – Officials in southeastern New Mexico‘s booming oil and gas region want to expand their regional airport. The Hobbs News-Sun reports Lea County commissioners voted last week to seek a construction contractor to start expansion at the Lea County Regional Airport. Officials say the current 4,800-square-foot facility contains a security section with no restrooms…

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Albuquerque Appears to be in the Midst of a Business Boom

By BRITTANY COSTELLO August 28th, 2018 – There appears to be a business boom in Albuquerque, La Cumbre taproom opened a week ago on Albuquerque’s Westside. “We really just liked the buildout that the development had done here,” said Jeffrey Erway, the President of La Cumbre Brewing. “We thought it was a really pretty spot and…

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Pitch Competition Will Take Flight at Fiesta

By Kevin Robinson-Avila / Journal Staff Writer August 27th, 2018 – The ABQid business accelerator hopes to turn at least one company into a high-flying startup at the Albuquerque International Balloon Fiesta this year. The group will hold its first Balloon Fiesta Pitch competition Oct. 4-5 for startup companies to compete for a $10,000 prize and a…

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Science & Tech Park celebrates 20 years

By Kevin Robinson-Avila / Journal Staff Writer August 24th, 2018 – Sandia Science and Technology Park celebrated its 20th anniversary Friday morning with a new report showing $3.1 billion in cumulative economic activity and $5.4 billion in wages generated by the high-tech hub since 1998. Mayor Tim Keller officially proclaimed Aug. 24 as Sandia Science and…

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Economic Growth is Putting New Mexico to Work

New Mexico is one of the hottest places in the nation for economic growth right now, according to new Bureau of Labor Statistics data and, even as that growth in employment occurs, the state’s workforce is growing to provide a strong pipeline of talent going forward.   New Mexico’s decline in its unemployment rate from…

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Stampede Meat Brings 1,295 Jobs and $36 Million to New Mexico

Sunland Park, N.M. – Today, Governor Martinez was joined by state and local leaders to announce that Stampede Meat will expand to Sunland Park creating up to 1,295 new food processing and manufacturing jobs over the next five years. The company will invest more than $36 million in infrastructure and the renovation of the former Tyson plant in…

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Manufacturer Brings 120 Jobs to New Mexico

Santa Teresa, N.M. – Today, Governor Susana Martinez announced that Corrugated Synergies International (CSI) is expanding to Santa Teresa, creating 120 new manufacturing jobs. The company will invest more than $31 million in infrastructure, production equipment, and the renovation of their new facility. New Mexico beat out Nevada and Texas for the expansion. “Once again, the…

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