NEWS

Streaming Giant Netflix Expands, Buying Albuquerque Studios

October 9, 2018

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…

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New Mexico Economic Development Bloomberg

Bloomberg Ranks NM No. 1 for Economic Gains

October 5, 2018

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…

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New Mexico University Gets Funding for Smart Grid Research

October 1, 2018

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…

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New Mexico Manufacturer Makes $100,000 Pitch at Ocean Exchange

September 28, 2018

New Mexico Manufacturer Makes $100,000 Pitch at Ocean Exchange Pajarito Powder makes cutting-edge fuel cell catalyst materials enabling fuel cell vehicles Albuquerque, New Mexico, Sept. 26, 2018 – New Mexico manufacturing company Pajarito Powder has been named a finalist for the Ocean Exchange prize, a $100,000 award devoted to companies…

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Legendary New Mexico: Businesses throughout the state

September 26, 2018

By Legendary New Mexico September 26th, 2018 – Southern NM bar is one of the oldest businesses in the state New Mexico has always been a haven for small businesses to thrive in our state. The same can be said for one business in Mesilla, New Mexico. Not long after the town…

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NM brewers take home medals at Great American Beer Festival

September 25, 2018

By Christopher Ortiz  – Managing Editor, Albuquerque Business First September 24th, 2018 – New Mexico breweries have a lot worth raising a toast to. Six breweries returned home with medals, including one gold medal, from this year’s Great American Beer Festival, held in Denver over the weekend. Last year, five New Mexico breweries medaled at…

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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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New Mexico Oil Field

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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