Latest News
Invertix Participates in Economic Development Forum
Courtesy of Invertix Corporation Invertix Corporation is known throughout Southern New Mexico as a technology innovator and key engineering partner with NMSU’s Physical Sciences Laboratory. This past Thursday, Invertix Corporation raised its public profile by participating as a panelist in the Mesilla Valley Economic Development Alliance’s (MVEDA) annual Regional Economic Development Forum at the Las Cruces Convention Center. This year’s event focused on transitioning the local economy to one...
Pegasus Chooses Hobbs for $1 Billion Mock City
Courtesy of the Las Cruces Sun-News, by Steve Ramirez LAS CRUCES — Hobbs and Lea County, not Las Cruces and Doña Ana County, will be the location of the $1 billion Center for Innovation, Testing and Evaluation (CITE). "Ultimately, we determined Hobbs and Lea County was the best fit for CITE based on the available land, infrastructure and breadth of community support that is required for this type of project," Bob Brumley, managing director of Pegasus Global Holdings, said in a news release...
Big Business on the Border
Courtesy of the Las Cruces Bulletin, by Richard Coltharp No matter what business opportunity you have in mind, there’s a way to make it happen in Doña Ana County. At the Business in the Borderplex luncheon Tuesday, May 1, three speakers gave updates on development and plans at Arrowhead Business and Research Park, the West Mesa Industrial Park and the Santa Teresa Industrial Parks. Kevin Boberg, CEO of the Arrowhead Center, Christine Logan, economic development administrator for the City of...
Sapphire Energy Biofuel in Motion
Courtesy of the Deming Headlight, by Matt Robinson Operations should begin at the Sapphire Energy biofuel facility in June, the vice president of corporate affairs reports. Tim Zenk, of San Diego-based Sapphire Energy, said the first phase of construction, which will lead to the beginning of operations, will be finished the middle to end of June. At that point, the pond systems used to grow algae for biofuel crude will be filled. "We'll bring it up to about 20 acres or so, a little over 20...
Creative Media Topic at High Tech Meeting
Dr. Phil Lewis, Senior Faculty/Professor at the Creative Media Institute at NMSU will be the featured speaker at this month’s (May 18th) High Technology Consortium (HTC) of Southern New Mexico luncheon meeting. Dr. Lewis will discuss the current status of creative media in southern New Mexico as well as some developing trends. Dr. Lewis has produced and directed films and television programs on 4 continents and is an award winning documentary film director. He has worked for CBS, NBC, MTV...
Two Las Cruces Area Business Receive Funding To Hire More Workers
Courtesy of the Las Cruces Sun-News LAS CRUCES - L&M Radiator in Las Cruces and Tyson Prepared Foods, Inc. in Santa Teresa each recently received Job Training Incentive Program funds from the state to hire and train new workers. Tyson was awarded $99,724 to fund 86 new jobs while L&M took in $42,184 for 22 jobs. Statewide in March and April, the program's board approved a total of $331,906 to help six companies throughout New Mexico hire and train a total of 127 employees. The start...
Regional Economic Development Forum – May 17, 2012
The Mesilla Valley Economic Development Alliance (MVEDA) will host its annual Regional Economic Development Forum on May 17, 2012 at the Las Cruces Convention Center, 680 East University Avenue. This year’s event is entitled “TechNext – Transitioning to Technology Growth Economic Development” and will focus on the resources necessary to develop a stronger technology-based economy. The Forum will provide case studies on communities that have been successful in diversifying their economy through...
High-Tech Testing City Location to Be Decided
Article courtesy of the Las Cruces Bulletin, by Todd G. Dickson The company looking at creating a $1 billion “ghost town” for real-world testing of new technology is expected to make its decision by early May to either build near Las Cruces or Hobbs. Pegasus Global Holdings is proposing to build what it’s calling Center for Innovation, Technology and Testing (CITE) for replicating city buildings and neighborhoods to confidentially and safely test new technology before they are introduced to...
NMSU’s Launch Program Funds Two Major Research Projects
Release courtesy of the NMSU News Center A new program at New Mexico State University's Arrowhead Center that aims to take near-to-market technologies being developed on campus and help speed their way to the public has picked its first projects to fund. Called Launch, the program helps NMSU researchers from any college to license their innovations or even start their own businesses in order to stimulate economic development in the region. "Launch provides an opportunity for NMSU's...
Two Spaceport America Contracts Awarded to New Mexico Companies
Release courtesy of Spaceport America LAS CRUCES, NM – The New Mexico Spaceport Authority (NMSA) has announced two contract awards to companies located in the State of New Mexico. The contracts are for Spaceport General Services and the Spaceport Operations Center (SOC) Fit Out Design. Western Building & Development, LLC of Las Cruces was selected as the Spaceport General Services Contractor. Western will be tasked with the development of policies and procedures for pre-operational and...
