Marble Brewery inks deal to brew Bosque beers

What started as a regulatory snag for one of Albuquerque’s top breweries has turned into a first-of-its-kind partnership in New Mexico’s craft beer scene. Marble Brewery confirmed to City Desk that it will produce and distribute Bosque Brewing’s flagship beers statewide while Bosque works through wastewater compliance issues at its facility in the Town of […]

Albuquerque eyes $777M investment in fusion energy research

Albuquerque city councilors may consider some of their biggest financial decisions of the year when they meet Wednesday, a few days later than usual because of the Labor Day holiday. The meeting could include a massive industrial revenue bond for a nuclear fusion facility, along with votes on previously deferred housing initiatives. Nuclear fusion development […]

Posted inNew Mexico

PNM seeks approval to be bought by Blackstone

PNM filed an application Monday with the New Mexico Public Regulation Commission seeking approval for Blackstone Infrastructure to acquire TXNM Energy, PNM’s parent company, in a deal that would provide $175 million in benefits to customers and communities. The proposed acquisition includes the largest utility acquisition rate credit in New Mexico history at $105 million […]

Posted inNew Mexico

New Mexico state parks generate $266 million economic impact, support over 5,000 jobs

New Mexico’s state parks contributed $266 million to the state’s economy in 2024 while supporting more than 5,000 jobs, according to a new study released Monday by the state Energy, Minerals and Natural Resources Department. The economic analysis, conducted by the Arrowhead Center at New Mexico State University in partnership with the State Parks Division, […]

Posted inNew Mexico

New Mexico distributes $258,500 in job creation grants to 11 counties

Communities across New Mexico will receive increased funding to create jobs, support local businesses and strengthen regional economies as the state distributed $258,500 in economic development grants to projects spanning 11 counties. The funding through the Local Economic Assistance & Development Support (LEADS) program targets workforce development, business retention and infrastructure improvements in both rural […]

Posted inNew Mexico

Two New Mexico projects could bring $160M in federal funding for quantum technology and water innovation

Two New Mexico-led initiatives are competing for up to $160 million in federal funding that could create thousands of high-paying jobs and position the state as a national leader in quantum technology and water innovation. The Quantum Moonshot and Energized Watershed projects were named among just 29 semifinalists nationwide in the U.S. National Science Foundation’s […]

NMED fines Utility Block Co. $41K for safety lapses

The New Mexico Environment Department (NMED) recently cited an Albuquerque-based concrete masonry manufacturer for multiple serious workplace safety violations that exposed employees to potential injury or worse. According to state records, Utility Block Company Inc. was fined a total of $41,384 for the violations by NMED’s Occupational Health and Safety Bureau (OHSB). In December 2024, […]