NEWS

Homegrown manufacturer plans to add 20 jobs

September 24, 2018

By Collin Krabbe  – Technology reporter , Albuquerque Business First September 24th, 2018 – An Albuquerque manufacturer is relocating and adding over a dozen jobs. Kevothermal, which builds vacuum insulation panels for packaging, refrigeration, electronics and insulation, is receiving $4 million from its North Carolina-based parent company, Sealed Air Corp., for the expansion. The new facility is…

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Sunport lands a top 10 spot on high-profile ranking of airports

September 20, 2018

By Collin Krabbe  – Technology reporter , Albuquerque Business First September 19th, 2018 – The Albuquerque International Sunport just landed a top 10 ranking in a study of the best airports for customer satisfaction. In J.D. Power’s 2018 North America Airport Satisfaction Study, the Sunport came in eighth place for the mid-sized airport category, scoring…

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Tech company expands in Downtown Albuquerque adding 80 new jobs

September 19, 2018

By: KRQE Media September 18th, 2018 – A local tech company is expanding and adding 80 new jobs. RS21, a company focused on data analytics and visualization technologies says business is booming and so they’re expanding and hiring for more high paying jobs. It will also invest more than $2 million to expand…

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Southwest oil and gas boom provides fuel for national economy

September 13, 2018

By Tim Henderson – TNS September 11th, 2018 – An oil and gas bonanza in Southwestern states may be helping to drive the continuing national economic boom. The nation’s 4.2 percent growth in gross domestic product, estimated last month by the Bureau of Economic Analysis, is the highest quarterly growth since 2014. State…

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Intel announces new technology, jobs headed to Rio Rancho

September 11, 2018

By Ron Davis  – Reporter, Albuquerque Business First September 10th, 2018 – A branch of Intel Corp. is relocating to Rio Rancho. On Monday, Gov. Susana Martinez announced Intel’s 3D XPoint technology development will be relocating to its Rio Rancho facility, bringing over 100 additional jobs to the site. In 2015, Intel and Boise, Idaho-based…

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New Mexico Leads Nation in Construction Job Growth in July

September 6, 2018

By John Guzzon and Karen Weil September 6th, 2018 – The Southwest construction job market continues to sizzle.  According to analysis by the Associated General Contractors. Month-over-month in Nevada, 1,600 jobs were added, 1.8%, good enough for No. 2 in the nation. Arizona only added 300 construction jobs month-over month, No. 26 in the…

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Sandia Researchers Engineer Super-Strong Metal

September 5, 2018

By Maddy Hayden / Journal Staff Writer September 3rd, 2018 – Even the strongest metals eventually wear down given enough time and friction. But researchers at Sandia National Laboratories have engineered what they believe is the most wear-resistant metal in existence – by a long shot. Made of platinum and gold, they say…

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Albuquerque’s Office Market Sees Positive Absorption, New Construction

September 4, 2018

By TAYLOR WILLIAMS September 4th, 2018 – New Mexico’s office market has held steady along with the rest of the country throughout 2017. New development in areas outside of metro Albuquerque, like the Facebook development in Los Lunas, is attracting retail- and service-related businesses.  While it remains to be seen what this…

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Airport Expansion Eyed for New Mexico’s Booming Oil Region

August 30, 2018

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…

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Albuquerque Appears to be in the Midst of a Business Boom

August 29, 2018

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…

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