Month: October 2018

Creative Startups gets help from city, Meow Wolf

October 30th, 2018 – Meow Wolf will help nurture a new pack of aspiring entrepreneurs in the next Creative Startups business accelerator. The Santa Fe-based artist collaborative is providing a $50,000 grant plus a few of its own creative wolves to mentor the next cohort of accelerator participants. The City of Albuquerque is also contributing $125,000.…

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New Mexico Sees Boom in Manufacturing Jobs

Albuquerque , New Mexico, October 23, 2018 — New Mexico’s manufacturing sector is growing at a faster pace than the rest of the nation’s with some parts of the state seeing growth that is more than double the national rate. Year over year, New Mexico saw its manufacturing sector grow by 3.8%, handily topping the…

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Climbing gym & shipping container business hub to build in NE Albuquerque

By Kris McKee (KRQE) October 22nd, 2018 – Albuquerque’s popular “Green Jeans” shipping container community is getting a sort-of spinoff in a different part of town. Developers have unveiled plans to build a new shipping container-based local business hub in northeast Albuquerque at the corner of San Pedro and Alameda. “It’s a beautiful thing,” said Green…

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Netflix deal could also boost Santa Fe

By Tripp Stelnicki | tstelnicki@sfnewmexican.com October 9th – Netflix might be making its big splash in Albuquerque, but the waves are likely to reach all parts of New Mexico. That’s the forecast from members and observers of state film business a day after Netflix, one of the world’s most valuable media companies, announced plans to…

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Santa Fe pet food company to add manufacturing jobs, invest $2 million

By Collin Krabbe  – Technology reporter , Albuquerque Business First Another local pet company is making moves. Santa Fe-based Marty’s Meals, which produces organic foods for cats and dogs, is creating up to 11 new manufacturing jobs. Marty’s will also invest more than $2 million over a 10-year period to expand into an 8,000-square-foot-facility that will house its manufacturing…

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Tourism impact on NM continues to grow

By: Marie C. Baca / Journal Staff Writer October 10th, 2018 – Gov. Susana Martinez announced today that the state’s tourism industry had a $6.6 billion impact on the New Mexico economy in 2017, described as the largest in state history. At a news conference, the governor called tourism as “a key economic driver” and said the…

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Streaming Giant Netflix Expands, Buying Albuquerque Studios

October 8th, 2018 – Netflix announced Albuquerque, N.M., as the site of a new U.S. production hub — which the company said will bring upwards of $1 billion in production money to New Mexico over the next decade and up to 1,000 production jobs per year. The entertainment giant is in negotiations to purchase Albuquerque…

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New Mexico Economic Development Bloomberg

Bloomberg Ranks NM No. 1 for Economic Gains

New Mexico’s economy is red hot! According to a recent report by Bloomberg, New Mexico’s economy leads other states in job and wage gains since January 2017, according to analyses by the Federal Reserve Bank of Philadelphia. Nevada, Arizona, California and Georgia rounded out the top five. According to new data from the Bureau of…

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New Mexico University Gets Funding for Smart Grid Research

By U.S. News October 1st, 2018 – New Mexico State University’s SMART Grid Center has landed a $20 million grant from the National Science Foundation for more research aimed at developing sustainable systems for distributing electricity. The center will use the five-year grant for research focused on micro-grids, cyber security and the relationship between power plants and…

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