Latest News
Artico Cold Management Announces New Facility in Las Cruces
Artico Cold Management announced today that it is planning to make the New Mexico Borderplex one of its first locations for a chain of specialized refrigerated warehouses. The company has been awarded $600,000 in economic assistance from the State of New Mexico’s LEDA job-creation fund, $281,400 from the City of Las Cruces’ LEDA job creation program and $100,000 from El Paso Electric’s NM Economic Development Fund. Artico Cold New Mexico LLC will construct a 120,000-square-foot, $30...
Artico Cold Management Announces New Facility in Las Cruces
Artico Cold Management announced today that it is planning to make the New Mexico Borderplex one of its first locations for a chain of specialized refrigerated warehouses. The company has been awarded $600,000 in economic assistance from the State of New Mexico’s LEDA job-creation fund, $281,400 from the City of Las Cruces’ LEDA job creation program and $100,000 from El Paso Electric’s NM Economic Development Fund. Artico Cold New Mexico LLC will construct a 120,000-square-foot, $30 Million...
Wind and Solar Supplier WTEC Energy Will Create 315 Jobs in the NM Borderplex
New Jersey-based Wind Turbine & Energy Cables Corp. (WTEC Energy) will redevelop an empty facility in rural Doña Ana County and create 315 manufacturing jobs. The expansion will be aided by $2 million from the State of New Mexico’s Local Economic Development Act (LEDA) job creation fund and $100,000 from the El Paso Electric New Mexico Economic Development fund. The local fund is administered by the Mesilla Valley Economic Development Alliance (MVEDA) and the Community Foundation of...
Wind and Solar Supplier WTEC Energy Will Create 315 Jobs in the NM Borderplex
New Jersey-based Wind Turbine & Energy Cables Corp. (WTEC Energy) will redevelop an empty facility in rural Doña Ana County and create 315 manufacturing jobs. The expansion will be aided by $2 million from the State of New Mexico’s Local Economic Development Act (LEDA) job creation fund and $100,000 from the El Paso Electric New Mexico Economic Development fund. The local fund is administered by the Mesilla Valley Economic Development Alliance (MVEDA) and the Community Foundation of...
NMSU’s Arrowhead Center study: Santa Teresa Port of Entry plays a major role in New Mexico’s economy
NMSU study: Santa Teresa Port of Entry major source of NM jobsArrowhead Center, Center for Border Economic Development studied the economic impact of Santa Teresa Port of Entry and the Santa Teresa Industrial Parks. By Cassie McClure Oct 07, 2021 New Mexico State University’s Arrowhead Center and Center for Border Economic Development recently completed a study of the economic impact of border-related economic activity associated with the Santa Teresa Port of Entry and the Santa Teresa...
Electronic Caregiver Expansion to Add 120 Jobs in Las Cruces, New Mexico
Electronic Caregiver has been awarded $1.2M in New Mexico Job Training Incentive Program (JTIP) funding to support plans to expand and create 120 new employees at an average hourly wage of $22.15. It will also receive $135,000 in WagePlus funding from the City of Las Cruces and $100,000 through El Paso Electric’s New Mexico Economic Development fund administered through the Mesilla Valley Economic Development Alliance (MVEDA) and the Community Foundation of Southern New Mexico. The expansion...
Electronic Caregiver Expansion to Add 120 Jobs in Las Cruces, New Mexico
Electronic Caregiver has been awarded $1.2M in New Mexico Job Training Incentive Program (JTIP) funding to support plans to expand and create 120 new employees at an average hourly wage of $22.15. It will also receive $135,000 in WagePlus funding from the City of Las Cruces and $100,000 through El Paso Electric’s New Mexico Economic Development fund administered through the Mesilla Valley Economic Development Alliance (MVEDA) and the Community Foundation of Southern New Mexico. The expansion...
New Mexico Economic Development Fund, Established by El Paso Electric, Awards $75,000 to M.A. & Sons Chile Products
The New Mexico Economic Development Fund (NMEDF or Fund) is awarding $75,000 to M.A. & Sons, Inc. (M.A. & Sons), to fund capital investments in infrastructure, improvements, and equipment purchases. The Fund, managed by the Community Foundation of Southern New Mexico (CFSNM), was established by El Paso Electric (EPE) to provide $1 million per year for 20 years in support of private businesses, projects and organizations based within EPE’s New Mexico service territory. The Mesilla...
El Paso Electric Awards New Mexico Economic Development Grant Funding To Regional Economic Development Organizations
The New Mexico Economic Development Fund (NMEDF or Fund), in its inaugural year, announces the first recipients of its 2021 grant cycle with awards totaling $300,000 to Mesilla Valley Economic Development Alliance (MVEDA) and The Borderplex Alliance, two regional economic development organizations. The Fund, managed by the Community Foundation of Southern New Mexico (CFSNM), was established by El Paso Electric (EPE) to provide $1 million per year for 20 years in support of private businesses,...
Virgin Galactic Announces First Fully Crewed Spaceflight Test Flight from Spaceport America
Virgin Galactic Holdings, Inc., a vertically integrated aerospace and space travel company, announced that the flight window for the next rocket-powered test flight of its SpaceShipTwo Unity opens July 11, pending weather and technical checks. The “Unity 22” mission will be the twenty-second flight test for VSS Unity and the Company’s fourth crewed spaceflight. It will also be the first to carry a full crew of two pilots and four mission specialists in the cabin, including the Company’s...
