Month: December 2018

Angel Fire Brewery to Make First Expansion to Albuquerque

BY: Ron Davis  – Reporter, Albuquerque Business First December 19th, 2018 – Enchanted Circle Brewing Co. has been wanting to expand to the Albuquerque market since it initially opened in 2016. Now, it looks like that plan is coming into fruition. The Angel Fire-based brewery has found a second home at 6001 San Mateo Blvd. NE, a 3,100-square-foot space…

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‘Albuquerque in a Box’ Offers Holiday Cheer to All Across the Country

BY: Jeannie Nguyen at KRQE December 17th, 2018 – A local company is hoping to make spirits bright by spreading Albuquerque-flavored holiday cheer, coming up with a creative way to bring the Duke City to those who aren’t here. “There’s a lot of family members that either want a taste of Albuquerque or have moved away. So…

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Farmington Manufacturer to Expand and Add 180 New Jobs

BY: Ron Davis December 17th, 2018 – Farmington manufacturer Process Equipment and Service Co. announced it is growing and adding jobs. PESCO is expanding its operations and is expected to create up to 180 new jobs, Gov. Susana Martinez’s office announced Monday. The company also is set to invest more than $7.5 million, adding 20,000 square feet…

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New Mexico Economic Development Admiral Cable

Global Manufacturing Company Selects Santa Teresa, NM for their First Manufacturing Facility in the U.S.

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…

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Virgin Galactic Test Flight Proves Successful as VSS Unity Flies More Than 50 Miles High

By Dennis Romero, David Freeman and Minyvonne Burke, NBC News December 13th, 2018 – Virgin Galactic’s VSS Unity soared into space Thursday when it reached an altitude of more than 270,000 feet during its fourth test flight. The successful journey means the spaceplane was able to surpass the 50-mile mark the U.S. government uses to define…

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International Manufacturer to expand to Southern New Mexico, Creating Nearly 350 Jobs

BY: Ron Davis  – Reporter, Albuquerque Business First December 12th, 2018 – Nearly 350 jobs are headed to southern New Mexico. Taiwan-based Admiral Cable will be expanding its manufacturing operations to Santa Teresa, investing $50 million, creating 342 jobs and building a 65,000-square-foot facility in its first phase of expansion, said Gov. Susana Martinez’s office Wednesday. In total, Admiral Cable…

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Meow Wolf Announces D.C. Expansion

December 11th, 2018 – Denver, Las Vegas, and now the nation’s capital. Meow Wolf announced Tuesday morning that it will create a permanent exhibition in Washington D.C. The three-story, 75,000 square foot facility is set to open in 2022. The facility, which will be built in city’s Fort Totten neighborhood, is being developed by the Morris…

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Bernalillo Company Amfabsteel Increases Expansion

December 8th, 2018 – An Amfabsteel Inc. expansion is adding more jobs than expected. In August, the structural steel fabrication and manufacturing firm announced a multi-million-dollar expansion that would create 40 new jobs. Last week, state Economic Development Secretary Matt Geisel announced that expansion create up to 80 new skilled manufacturing jobs, according to a news…

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Stampede Meat Charges Toward Growth

December 7th, 2018 — Stampede Meat intends to drive growth with the opening of its new processing facility in Sunland Park, New Mexico. The company recently celebrated the grand opening of the plant with a ribbon-cutting ceremony attended by New Mexico Economic Development Dept. Cabinet Secretary Matt Geisel and local dignitaries — as improvements to the…

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Innovator of the Year: Central New Mexico Community College

December 3rd, 2018 — Colleges are now finding ways to make blockchain technology work for their needs, such as by giving students more control over their records. Central New Mexico Community College (CNM), which enrolled 22,278 students this fall, emerged as an early leader in this effort. As of August 2018, it offers all graduates both…

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