Latest News
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...
Independent Game Studio Ganymede Games Announces Development of Video Game Xenotheria
The New Mexico Film Office announces the video game Xenotheria, developed by Ganymede Games, is in production in Las Cruces, New Mexico. "It's extraordinary to have Ganymede Games located in southern New Mexico, and we are excited to see cutting-edge video games such as Xenotheria developed here. Video game production is a sector of the industry that we are developing as we look to expand New Mexico into a multimedia ecosystem," said Amber Dodson, Director, New Mexico Film Office. Xenotheria...
Virgin Galactic Completes First Human Spaceflight from Spaceport America, New Mexico
On May 22, 2021, Virgin Galactic Holdings, Inc. completed its third spaceflight and the first ever spaceflight from Spaceport America, New Mexico. With this flight, New Mexico become the third US state to launch humans into space. VSS Unity achieved a speed of Mach 3 after being released from the mothership, VMS Eve, and reached space, at an altitude of 55.45 miles before gliding smoothly to a runway landing at Spaceport America. On VSS Unity’s flight deck were CJ Sturckow and Dave Mackay,...
Saputo Dairy USA to Expand Manufacturing in Las Cruces, New Mexico
Saputo Dairy USA, one of the largest cheese and dairy foods producers in the United States, has been awarded state economic assistance to expand its Las Cruces manufacturing operation and add 150 employees, New Mexico Economic Development Cabinet Secretary Alicia J. Keyes announced today. As part of the expansion, Saputo Dairy USA is planning to invest up to $30 million in its existing facility at the Las Cruces Innovation and Industrial Park and ramp up production. To support the company's...
Eric Montgomery Wins 40 Under 40 Award in Economic Development
Eric Montgomery, MVEDA Vice President of Business Development, has been announced as a recipient of the 2021 Economic Development 40 Under 40 Award, the biennial award recognizing rising stars under 40 years old in the economic development industry. The awards program is hosted by Development Counsellors International (DCI), a New York-based integrated marketing firm that works with economic development and travel organizations around the globe, and Jorgenson Consulting, a leading national...
County Manager Fernando Macias Receives Ben Lujan Public Servant of the Year Award
Fernando R. Macias, Doña Ana County Manager, was selected as New Mexico IDEA (NMIDEA) “2020 Ben Lujan Public Servant of the Year Award” recipient. Davin Lopez, President and CEO, Mesilla Valley Economic Development Alliance (MVEDA) nominated Macias for the distinction. Eric Montgomery, MVEDA Vice President of Business Development and NMIDEA District VII Director and Legislative Committee Chair, presented the award during the Board of County Commissioners’ March 9th meeting. The Ben Lujan...
Las Cruces’ Industrial Park Gets New Name and Logo
The City of Las Cruces is taking a major move forward to attract new businesses to the city’s industrial park located on the West Mesa. At a City Council Work Session on February 22, Senior Real Estate Specialist Cilicia Villegas presented a new name for the industrial area, now called the Las Cruces Innovation & Industrial Park. The new name and a new logo will be used when recruiting businesses throughout the region and nation. “This is a big step forward to tout what we have in Las...
Taiwanese Label Printer Cymmetrik Expanding into the New Mexico Borderplex
New Mexico Economic Development Department (EDD) Secretary Alicia J. Keyes announced today that a third Taiwanese company has decided to locate a manufacturing operation in Santa Teresa, New Mexico. Cymmetrik signed a lease and is set to begin operations in New Mexico in the early part of 2021. Cymmetrik, a Taiwanese family-owned company, is the biggest label printer and converter in China with three factories in Southeast Asia. The expansion of manufacturing to Santa Teresa represents its...
Wisconsin Manufacturer Picks New Mexico Borderplex for Expansion
SANTA TERESA, N.M. – Prent Corporation, the world’s leading designer and manufacturer of custom plastic, rigid thermoform packaging for the medical, electronics, and consumer industries — will be opening a new manufacturing facility in Santa Teresa, N.M. Prent plans to invest $12.5 million and create 85 new jobs. Headquartered in Janesville, Wisconsin, Prent’s global footprint is strategically located to supply many of the world’s leading Fortune 100 companies. In a display of regional...
