Latest News
Border Boom: The $2 Billion Transformation of Santa Teresa in New Mexico’s Borderplex
Santa Teresa, New Mexico, is on the brink of a major transformation, thanks to an ambitious $2 billion mixed-use development spearheaded by Dallas-based developers Terry and Devon McLachlan. Their vision for the region includes a sprawling 4,700-unit residential community, Alta Mesa Estates, alongside a 272-acre industrial park, Alta Mesa Logistics Park. This development is poised to capitalize on Santa Teresa’s strategic location at the heart of North American trade corridors, reinforcing its...
Electric bus maker eyes New Mexico Borderplex facility following state agreement
New Mexico is on the brink of a transportation revolution. A landmark agreement between the State of New Mexico and GreenPower Motor Company is set to pave the way for sustainable, zero-emission school transportation. This initiative not only underscores the state’s commitment to green energy but also signals a strategic realignment of the electric vehicle (EV) supply chain in the United States. With plans to establish a facility in Santa Teresa, this move is poised to bring economic growth,...
Governor Lujan Grisham Announces $5 Billion New Mexico Borderplex Digital Infrastructure Campus in Santa Teresa
Groundbreaking Partnership to Create 1,000 High-Quality Jobs and Strengthen Global Trade in Southern New Mexico Governor Michelle Lujan Grisham has announced a transformative partnership with BorderPlex Digital Assets, LLC, establishing New Mexico as a leader in digital infrastructure and advanced manufacturing. The collaboration will bring an estimated $5 billion in construction investment and create 1,000 new jobs in Santa Teresa, further solidifying the region as a hub for global trade and...
New Mexico Borderplex and Tradeport Strengthens Economic Competitiveness with Site Readiness Legislation
Governor Michelle Lujan Grisham and New Mexico lawmakers are taking bold steps to enhance the state's ability to attract large-scale industrial and commercial investments. Two new bills, the Strategic Economic Development Site Readiness Act (SB 169) and the Utility Pre-Deployment Act (SB 170), aim to streamline economic development and infrastructure readiness across the state. The bills, introduced by Senator Michael Padilla and supported by Representatives Meredith A. Dixon, Joshua N....
NMSU’s Hunt Center Teams Up with Startup Chihuahua and Juárez for Fundraising Sprint in the NMBorderplex
The Hunt Center for Entrepreneurship at New Mexico State University’s Arrowhead Center is collaborating with Startup Chihuahua and Startup Juárez to introduce the Borderplex Fundraising Sprint. This innovative program is tailored to support startups in the Borderplex and Chihuahua City regions. Building a Thriving Entrepreneurial Ecosystem The Hunt Center for Entrepreneurship is dedicated to strengthening the region’s entrepreneurial landscape by: Empowering diverse communities to pursue...
New Mexico Borderplex: Driving Growth through Energy and Trade
New Mexico, the nation’s second-largest oil and gas producer after Texas, combines cutting-edge federal research with robust trade activity at its bustling ports of entry. These elements position the state as a potential economic powerhouse. However, challenges like slow population growth, low household income, and limited educational attainment have historically hampered its progress. In 2023, New Mexico made significant strides, propelled by a thriving energy sector and increasing trade with...
MVEDA’s AutomateUp+ Program Delivers 159 Certifications, Paving the Way for Workforce Development
As border industries continue to expand, the demand for a skilled workforce is rising. To meet this need, the Mesilla Valley Economic Development Alliance (MVEDA) has partnered with the New Mexico Economic Development Department to launch AutomateUp+, an innovative certification program designed to upskill workers and support businesses in the region. This groundbreaking initiative, developed in collaboration with local community colleges and industry associations, has already created 159...
The Power of Short-Term Credentials and How Mesilla Valley Economic Development’s Automate Up Program is Shaping the Future
In a rapidly evolving labor market, short-term credentials are gaining recognition as a potential solution to skill gaps across industries. These credentials offer targeted, time-efficient pathways to new skills, providing a quicker route to employment than traditional degrees. As more businesses face increasing demand for specialized talent in a competitive marketplace, the rise of such certifications is becoming an attractive proposition for both employers and employees. Mesilla Valley...
El Paso Electric Recognized as a Top Utility in Economic Development for 2024
Site Selection magazine acknowledges EPE’s critical role in boosting regional growth and job creation. El Paso Electric (EPE) has been honored as a Top Utility in Economic Development for 2024 by Site Selection magazine. This prestigious recognition highlights EPE’s commitment to fostering economic growth in West Texas and Southern New Mexico. Through innovative initiatives and strategic collaborations, EPE continues to play a key role in driving investments and creating jobs that benefit the...
The $800 Billion Border
If you believe that border immigration issues at the U.S.-Mexico border are slowing down commercial activity, it’s time to reconsider. Chicago-based real estate investment firm Brennan Investment Group has launched a new U.S. Border division, signaling strong confidence in cross-border opportunities. This division is set to make significant investments along the entire 1,961-mile U.S.-Mexico border, which encompasses 25 ports of entry. “The nearshoring trend, driven by factors like...
