SpinLaunch continues to expand at spaceport with aid from LEDA funding

California based SpinLaunch Inc. is expanding its footprint at Spaceport America hear Hatch, in southern New Mexico. After building a $7 million, 10,000-square-foot facility at the Spaceport last year, the…

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Taiwanese manufacturer is latest to expand operations to NM

Cymmetrik, a Taiwan-based label producer, has been awarded $160,000 in Local Economic Development Act dollars from the state for the creation of 10 new jobs, according to a news release…

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Ascent Aviation to open new facility in Southern NM

Good news from the Department of Economic Development: Arizona-based Ascent Aviation Services will be expanding its operations into New Mexico. The company will be expanding into the Roswell Air Center…

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Descartes Labs asks for even more LEDA funding

The company that Governor Michelle Lujan Grisham hired to use cell phone data to track New Mexican's compliance with 'stay at home' directives - now wants to borrow tax dollars to…

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Border business is booming, but there’s still room to grow

New Mexico’s Santa Teresa Port of Entry marked a record year in spite of global trade uncertainty and a slow moving congressional effort to approve the USMCA trade deal. The…

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Read more about the article Healthy business climate lures manufacturers to southern NM
Image by Michael Gaida from Pixabay

Healthy business climate lures manufacturers to southern NM

SANTA TERESA, NM — New Mexico economic development officials say a strong business climate and transportation network in the border region has prompted another manufacturer to move some of its…

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Read more about the article Las Cruces recruits new manufacturing start up “Big Tuna”
Image by admarkt from Pixabay

Las Cruces recruits new manufacturing start up “Big Tuna”

A new manufacturing firm with exclusive rights to produce and distribute high-density pipe products has elected to set up shop in Las Cruces. The company aims to support the oil…

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Read more about the article San Juan County considers infrastructure improvements to boost development
BNSF freight train transporting commerce through the Cajon Pass, CA taken on October 23, 2010

San Juan County considers infrastructure improvements to boost development

NM Legislators and San Juan County officials have long discussed the need for economic diversification in the northern most New Mexican county. Currently those same officials are deliberating on the…

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