NEWS

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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Pitch Competition Will Take Flight at Fiesta

August 28, 2018

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…

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Science & Tech Park celebrates 20 years

August 27, 2018

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.…

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Economic Growth is Putting New Mexico to Work

August 21, 2018

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…

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

August 16, 2018

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…

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