Latest News
State Announces Job Training Funds for 10 Companies, 254 Employees
State Announces Job Training Funds for 10 Companies, 254 Employees SANTA FE, N.M. – New Mexico Economic Development Department (EDD) Cabinet Secretary Alicia J. Keyes announced today that ten businesses were awarded Job training Incentive Program (JTIP) funds in September to help train 239 new employees and 15 current employees. Included in the $2.58 million awarded this month by the JTIP board for new trainees, funds were also allotted to the Roswell-based Pecos Valley Production, Inc....
EDD Hosting Statewide Economic Development Conference Registration still available for Sept. 26-27 economic workshops
SANTA FE, N.M. – The New Mexico Economic Development Department (EDD) will be hosting a statewide conference next week to improve collaboration and knowledge sharing between economic development experts from across the state in areas that will better diversify New Mexico’s economy and attract higher-paying jobs. The New Mexico Governor's Conference on Economic Development is taking place next Monday and Tuesday, September 26-27, at the Clyde Hotel in downtown Albuquerque. The September...
The new roadway will be connecting the Santa Teresa Port of Entry and the Santa Teresa industrial parks directly to the City of Sunland Park
The New Mexico Border Authority, in conjunction with the New Mexico Department of Transportation, is currently leading a feasibility and design of the planned Border Highway Connector. The NM Border Highway Connector has three potential alternative routes (A,B,C) within the city limits of Sunland Park on McNutt Road (see above). The new roadway will be connecting the Santa Teresa Port of Entry and the Santa Teresa industrial parks directly to the City of Sunland Park, improving cross-border...
Expansion to Mexican side of Santa Teresa Port of Entry expected to boost business, traffic in New Mexico
KVIA By Jason McNabb Published September 8, 2022 6:47 PM SANTA TERESA, New Mexico -- The Mexican government announced Wednesday that 440 million pesos, or just over 22 million dollars, will be invested in the Mexican side of the Santa Teresa port of Entry, ahead of expected rapid growth. Many Asian companies are moving their electric car battery production to Mexico, specifically south Juarez and imports of these are predicted to skyrocket. The point of entry gained some interest earlier this...
Dona Ana County receives $1.1 million to create tradeport
Doña AnaCounty, NM- The U.S. Department of Transportation announced an award to Doña Ana County in the amount of $1.1 million to invest in its efforts to plan, implement and operate an integrated logistics hub, being referred to as the Tradeport. "The County looks forward to working with the Federal government as we develop what the future of an intermodal center can be," said County Manager Fernando Macias. "This latest announcement marks several wins for projects underway at the industrial...
MVEDA at New Mexico Governor’s Conference on Economic Development
Preparing for a Year of Renewed Energy Join us for the return of a critical gathering of economic developers and community leaders from across New Mexico for discussions regarding economic development strategies, best practices and plans for success in alignment with the state’s 20-year Economic Development Strategic Plan. Network with colleagues, legislators, local elected officials, and some featured keynote speakers and experts. September 26 - 27, 2022 at The Clyde Hotel in Downtown...
Gov. Lujan Grisham announces film production company to headquarter in Las Cruces
August 17, 2022 Gov. Lujan Grisham announces film production company to headquarter in Las Cruces $3 million state LEDA investment to 828 Productions set to anchor innovative media business in New Mexico LAS CRUCES, N.M. – Gov. Michelle Lujan Grisham announced on Wednesday that a full-service film and production company has chosen Las Cruces for its headquarters, with plans in motion to open a film production studio in the near future. Over the next six years, California-based 828 Productions...
New Mexico Vintage Fund invests in Las Cruces-based Ganymede Games
Jerry Prochazka, founder and CEO of Ganymede Games. Courtesy Ganymede Games By Chris Keller - Managing Editor August 02, 2022, 08:38pm MDT A Las Cruces game studio received a $100,000 investment from the recently launched New Mexico Vintage Fund 2022, a partner fund of New Mexico Angels. Ganymede Games is developing what it calls a role-playing video game where "surviving an apocalyptic event is the easy part." "Xenotheria" takes players on a "perilous journey across a sprawling desert planet...
Virgin galactic acquires land in New Mexico for New Astronaut Campus and Training Facility
TUSTIN, California – August 2, 2022 – Virgin Galactic Holdings, Inc. (NYSE: SPCE) (the “Company” or “Virgin Galactic”), an aerospace and space travel company, today announced it has secured land to move forward with a new astronaut campus and training facility in the State of New Mexico, near the Company’s commercial operations headquarters. The land, located in Sierra County, will be home to a new, first-of-its-kind astronaut campus, for exclusive use by Virgin Galactic Future Astronauts and...
Santa Teresa Port of Entry, the Strategic Reliever Route
Border wait times for commercial trucks at El Paso ports of entry surged after Texas Governor Greg Abbott ordered enhanced state inspections of northbound trucks from Mexico crossing into the U.S. during the week of April 4. The Texas Department of Public Safety was ordered to inspect commercial vehicles that crossed the U.S. border after clearing U.S. Customs. The extra inspections created a bottleneck, and truck drivers began reporting wait times between four and 12 hours at Texas ports of...
