Latest News
Blue Road Investments Breaks Ground in Santa Teresa, New Mexico
Blue Road Investments, LLC is a Dallas, Texas based company focusing on quality warehouse distribution in non-major markets. The company has broken ground at the Westpark in Santa Teresa, New Mexico for a 315,000-square-foot speculative industrial building that will be a new standard of functionality in the region with 36’ clear height, cross-dock loading, and 185’ concrete truck courts. The location will be at 655 Industrial Avenue within Westpark Logistics Center, a strategically planned...
HAPSMobile, a Global Telecommunications Company Developing High Altitude Platform, Signs Lease at Spaceport America in Southern New Mexico
SPACEPORT AMERICA, N.M. – HAPSMobile Inc. is a subsidiary of telecommunications operator SoftBank Corp. in Japan, is choosing Spaceport America in Southern New Mexico as a location for the testing and the developing of communications platform meant to make internet connectivity available in rural areas, announced Economic Development Cabinet Secretary Alicia J. Keyes. HAPSMobile Inc. along with Aero Vironment, Inc., a minority owner and development partner, will be working on developing the...
Satellite Communications Company X2nSAT Inc. Receives Job Training Funds for New Jobs in May
On May 19, 2020 the New Mexico Economic Development Department announced Job Training Incentive Program (JTIP) board approval funding for on-the-job training for X2NSAT’s 15 newly created jobs. JTIP reimburses a portion of employee wages regardless of the location of the training. X2nSAT Inc. is a wireless and satellite communications company that expanded operations to Las Cruces in 2016 having received Local Economic Development Assistance (LEDA) funds of $300,000 from the New Mexico...
Virgin Galactic’s VSS Unity Completes its First Flight in New Mexico
In February of this year Virgin Galactic’s SpaceShipTwo was relocated to its New Mexico commercial headquarters at Spaceport America. Now, VSS Unity completed its first test flight on Friday, May 01. The test flight is a milestone in nearing commercial service. Also, Virgin Galactic has concluded the relocation of its spaceline operations team and families to New Mexico. VSS Unity was released from the carrier aircraft, VMS Eve, at 50,000 ft and flew in New Mexico airspace for the first time....
Virgin Galactic’s “One Small Step” for Future Astronauts
Virgin Galactic has relocated another spaceship to their commercial headquarters at Spaceport America in New Mexico. Close to 100 teammates from Mojave, California have moved to New Mexico and Spaceport America today is operationally ready with VSS Unity and VMS Eve, and over 70 locally hired team members. “New Mexico is going to be the world’s launchpad for commercial spaceflight,” New Mexico Gov. Michelle Lujan Grisham said. Now, Virgin Galactic has announced their “One Small Step for those...
San Diego Regional Chamber of Commerce VP Featured at MVEDA Luncheon
The March 3, 2020 Business in the NM Borderplex Forum featured Paola Ávila, Vice President of International Business Affairs from the San Diego Regional Chamber of Commerce. Her presentation was on the history of the Cross Border Xpress as well as on the possibilities that can occur in the New Mexico Borderplex. Ms. Ávila’s presentation (click here for PDF version) traced the history of the privately funded project that brought together a pedestrian bridge that connects the San Diego airport...
Dona Ana County Ag Company Awarded Start-Up Grant
On February 28th Cabinet Secretary Alicia J. Keyes of the New Mexico Economic Development Department announced the first round of awards of Business Start-Up Grants to five science and technology companies. The grants are meant to assist companies with their early stage endeavors for continuing in the developing of unique products or services that are operating within certain New Mexico key industries such as: biosciences, cybersecurity, aerospace, intelligence manufacturing or sustainable and...
Natural ReLeaf Adds to Las Cruces’ Growing Hemp Industry
The New Mexico Economic Development Department will invest in a year-round hemp business that is relocating to an old egg facility in Berino, New Mexico and adding 56 jobs, Cabinet Secretary Alicia J. Keyes said today. The New Mexico Economic Development Department has committed $600,000 in LEDA funds, matched by $5.3 million in private investment, towards the expansion of Natural ReLeaf Farm. The business began growing hemp in Berino last year with a 2019 crop yield of 10,000 pounds. The...
Recycling Company Expands in Santa Teresa, New Mexico
To take advantage of the border region’s strong business climate and transportation network, W. Silver Recycling is set to begin construction on a 120,000 square foot facility on 60 acres that will be home to a new recycling processing plant. The business is expected to be operational by late 2020 and add at least 50 new jobs. Silver Recycling is a fourth-generation family business founded by the grandfather of Lane Gaddy, the company's Chief Executive Officer and a former Albuquerque...
Pipe Manufacturer Big Tuna USA Chooses Las Cruces, New Mexico for Production Center
Big Tuna USA, a company with a unique niche in the North American pipe industry, has chosen Las Cruces for its manufacturing center. Officials from the City of Las Cruces, the Mesilla Valley Economic Development Alliance (MVEDA) and the New Mexico Economic Development Department were on-hand for the announcement. Big Tuna USA has signed a lease on a vacant 15,000-square foot building that sits on 7.5 acres at 1846 W. Amador Rd., Las Cruces, N.M. Big Tuna USA holds the exclusive rights to...
