By Kevin Hendricks, The Paper. Sandoval County’s hypersonic missile campus is about to scale up fast. Castelion Corporation closed a $1 billion funding round in August and locked in a new Pentagon production contract — both aimed squarely at Project Ranger, the company’s manufacturing site west of Rio Rancho. The Series C round — $800 […]
By Kevin Hendricks, The Paper. — New Mexico’s strategy to move beyond a mostly oil and gas and national labs-driven economy got a big boost this week with the start of a $200 million expansion high-speed biotech vial filling line Thursday, part of an expansion by global pharmaceutical company Curia that is expected to add […]
By Sara Atencio-Gonzales, The Paper. – A historic piece of Albuquerque’s industrial past has a new purpose after state and local leaders celebrated the grand opening of a film and digital media training center at the Rail Yards Tuesday. Central New Mexico Community College (CNM), the City of Albuquerque and the New Mexico Economic Development […]
One of New Mexico’s most reliably conservative industries says President Donald Trump’s new executive order opening borders to beef imports just as ranchers begin culling herds sends the “wrong signal at the wrong time.” This story was originally published at New Mexico Political Report, a nonprofit news service covering politics and policy in the Land […]
By Damien Willis, Organ Mountain News, Las Cruces — The New Mexico Supreme Court has temporarily halted two state actions tied to Project Jupiter, staying an air-quality permitting proceeding and an emergency authorization allowing water from a new well to be used for construction of the massive data center project in Doña Ana County. The […]
With more than $70 billion available to invest for the benefit of New Mexico, why doesn’t the State Investment Council just buy PNM instead of letting them sell to Blackstone, a private equity company? This story was originally published at New Mexico Political Report, a nonprofit news service covering politics and policy in the Land […]
By Kevin Hendricks, The Paper. Part 4 of 4 in “Rio Rancho’s Economic Playbook,” a series on the city’s economic development strategy. Every day, 47,000 Sandoval County residents drive out of town for work — and take $3.1 billion in annual payroll with them. Rio Rancho Regional Chamber of Commerce President Jerry Schalow says that […]
By Kevin Hendricks, The Paper. Part 3 of 4 in “Rio Rancho’s Economic Playbook,” a series on the city’s economic development strategy. The Sandoval Economic Alliance has assisted 20 economic development projects since 2020, helped generate nearly 1,500 jobs and produced what it calculates as a nearly 400% return on the city’s investment. And its […]
By Kevin Hendricks, The Paper. Part 2 of 4 in “Rio Rancho’s Economic Playbook,” a series on the city’s economic development strategy. For years, City Center was the punchline — a mostly empty stretch of land off King Boulevard that even boosters struggled to defend. Economic Development Manager Alberto Solis says that’s about to change. […]
By Kevin Hendricks, The Paper. Part 1 of 4 in “Rio Rancho’s Economic Playbook,” a series on the city’s economic development strategy. Rio Rancho has reorganized its economic development strategy at least three times since the late 1990s — and City Manager Matt Geisel thinks it’s time for the Governing Body to decide what the […]
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