Latest News
How Increased Truck Crossing Times are Affecting Cross Border Trade
By Jerry Pacheco Waves of migrants at the U.S.-Mexico border have prompted the Department of Homeland Security to temporarily assign Customs and Border Patrol (CBP) agents at the southern ports of entry to the Border Patrol. Their new role is not necessarily the traditional duties of watching the border and conducting interdiction – rather, they are being reassigned mostly to process migrants who are giving themselves up at ports of entry to seek asylum, and to transport these migrants to and...
May MVEDA Forum Focuses on Commercial Real Estate Development
The May meeting of the MVEDA Business in the NM Borderplex Forum will be held on Tuesday, May 7, 2019 from 11:30 AM until 1:00 PM at the Hotel Encanto de Las Cruces, 705 S. Telshor. The meeting will feature a panel of commercial real estate professionals discussing some of the strategic commercial real estate developments and the factors that may impact future development. Speakers include Scott Eschenbrenner of Aggie Development, Wayne Savage of the Arrowhead Research Park, and Jake Redfearn...
US-Mexico Chamber of Commerce President Featured at March Forum
The March 5, 2019 Business in the NM Borderplex Forum will feature Al Zapanta, president & CEO of the United States-Mexico Chamber of Commerce. His presentation will be on U.S.-Mexico relationships under the new USMCA Agreement as well as a discussion on the relationship between the Trump and Andres Manuel Lopez Obrador administrations. This month’s meeting will be held at Ardovino's Desert Crossing in Sunland Park, New Mexico from 11:30 AM until 1:00 PM. Advance registration is $25.00 per...
Independent Games Studio Ganymede Games Establishes Operations in Las Cruces, NM
Independent games studio Ganymede Games will establish operations and create up to 51 new jobs over the next five years. The company also plans to invest more than $1.3 million in building and infrastructure improvements to their headquarters in Las Cruces. This business is being supported by New Mexico's closing fund, LEDA. “We believe we’ve found a hidden gem in the Land of Enchantment,” said CEO of Ganymede Games Jerry...
NMSU College of Business and Wells Fargo Host Annual Economic Outlook Conference on February 8
The Economic Outlook Conference is an annual look at the New Mexico and U.S. economy from NMSU College of Business Professor, Dr. Jim Peach and Wells Fargo Bank economist, Dr. Eugenio Alemán. Dr. Peach is Regents Professor of Economics, Applied Statistics and International Business and was selected for the Chevron Endowed Professorship in December 2016. Dr. Alemán is Director and Senior Economist at Wells Fargo forecasting national, regional and international economic trends. The event open...
Valley Cold Storage & Transportation Announces Expansion in Santa Teresa, New Mexico
Governor Susana Martinez announced that Valley Cold Storage & Transportation will expand operations and create up to 10 new jobs in three years, bringing their total headcount in Doña Ana County to 24. The company also plans to invest more than $16.5 million in expanding their Santa Teresa Industrial Park facility. This expansion is being supported by New Mexico's closing fund, LEDA. "Valley Cold Storage is a homegrown success story and an industry leader and I'm thrilled to see their...
New Mexico’s First-Ever Comprehensive Workforce Talent Plan Subject of January Forum
The Bridge of Southern New Mexico and its mission-related Workforce Talent Collaborative have been working to map and build the literal “bridges” that will transform our people into the 21st Century workforce talent needed by today’s businesses, as well as those targeted for economic development. Tracey Bryan, President/CEO of The Bridge, and Debbi Moore, President/CEO of the Greater Las Cruces Chamber of Commerce, will join us at the January Business in the NM Borderplex Forum to outline the...
Taiwanese Wire Manufacturer Admiral Cable Announces Expansion to Santa Teresa, New Mexico
Governor Susana Martinez announced that international industrial & manufacturing company, Admiral Cable, will expand to Santa Teresa and create up to 342 new manufacturing jobs. Admiral Cable’s backers, founders and leaders represent an elite group of Taiwanese industrial/manufacturing entrepreneurs and investors. The company also plans to invest approximately $50 million in building a new 65,000 square foot facility in phase one, with additional construction bringing the total plant to...
Stampede Meat Cuts Ribbon on Food Processing Manufacturing Facility
Stampede Meat executives and local officials participated in a ribbon-cutting ceremony for the company's modern manufacturing facility in Sunland Park, New Mexico on Thursday, December 6, 2018. Stampede Meat received thousands of applications during the initial hiring phase that started in October 2018. When the facility opens on Monday, they will have over 300 employees. As the construction progresses throughout the first quarter of 2019 new positions will become available. By the year 2024,...
Local Bankers to Speak at MVEDA Forum December 4, 2018
The December meeting of the MVEDA Business in the NM Borderplex Forum will feature a panel of local bank executives who will discuss the banking climate in Dona Ana County and New Mexico as well as changes in lending practices that impact business growth. Panelist will include Kiel Hoffman of Pioneer Bank, Farrah Marquez of First American Bank, and George Ruth of Citizens Bank of Las Cruces. The meeting will be held on Tuesday, December 4, 2018 from 11:30 AM until 1:00 PM at the Hotel Encanto...
