NMEDD Press Releases

Governor Martinez Announces Expansion of Fortune 500 Manufacturing Company in Clovis

November 15, 2018

Clovis, N.M. - Today, Governor Susana Martinez announced that Cummins Inc. (NYSE: CMI) a global power leader that has a natural gas engine upfit and assembly facility in Clovis, NM is expanding and creating 10 new high-wage manufacturing jobs. The expansion is being supported by New Mexico's closing fund, LEDA, and a City of Clovis Economic Incentive Board (EIB) grant.

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NMA Ventures Makes First Investment in a New Mexico Company

October 31, 2018

Santa Fe, N.M. – Today, the Economic Development Department announced that Catalyst Fund recipient NMA Ventures has made its first seed investment. The fund has invested $300,000 in Santa Fe-based company Fusion Funnel, LLC. The company is a software-as-a-service company that offers an automated solution for gathering sales intelligence.

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New Mexico MainStreet Announces Truth or Consequences to Participate in the “Great Blocks on MainStreet” Program

October 25, 2018

Santa Fe, N.M. - Today, New Mexico MainStreet (NMMS) announced that MainStreet Truth or Consequences and the City of Truth or Consequences have been selected to participate in the "Great Blocks on MainStreet" program. They will receive services from a team of landscape architects, architects and design professionals to redevelop a section of their MainStreet District. The program was developed to provide comprehensive design assistance to high-capacity MainStreet Districts with an economic revitalization project. Truth or Consequences will address a major redesign of three blocks within their district, beginning with an innovative and intensive redesign/public infrastructure project on Foch Street between Main Ave. and Broadway St.

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Governor Susana Martinez Announces Expansion of Homegrown High-Tech Manufacturing Company

October 22, 2018

Albuquerque, N.M. – Today, Governor Susana Martinez announced that homegrown high-tech manufacturing company, 3D Glass Solutions (3DGS), will expand their headquarters location in Albuquerque and create up to 139 new high-wage, high-tech manufacturing and technology jobs. The average salary for positions at 3DGS is $60,000 a year. The company also plans to invest more than $23 million over the next five years. The expansion is being supported by New Mexico's closing fund, LEDA, as well as the Job Training Incentive Program, JTIP.

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EDD Announces Expansion of Homegrown Santa Fe Storefront and Manufacturing Facility

October 11, 2018

Santa Fe, N.M. – Today, Economic Development Cabinet Secretary Matt Geisel announced that Santa Fe pet food company Marty’s Meals will expand operations, creating up to 11 new manufacturing jobs. Marty’s Meals will also invest over $2 million over the next ten years to expand to an 8,000 square foot storefront and manufacturing facility which opens in November.

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Economic Development Department Announces Grand Opening of Descartes Labs New Headquarters

October 01, 2018

Santa Fe, N.M. - Today, Economic Development Cabinet Secretary Matt Geisel and Descartes Labs celebrated the grand opening of Descartes' new renovated headquarters location in downtown Santa Fe. Descartes Labs is investing over $2 million to renovate the facility as well as creating 50 new jobs. The expansion was supported by New Mexico's closing fund, LEDA, as well as the Job Training Incentive Program, JTIP.

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Economic Development Department Announces Expansion of Industry-leading Packaging Material Manufacturer

September 21, 2018

Albuquerque, N.M. - Today, Economic Development Cabinet Secretary Matt Geisel announced that Kevothermal, a wholly owned subsidiary of Sealed Air Corporation, will expand its Albuquerque manufacturing operations creating up to 20 new jobs. Sealed Air is investing $4 million into the expansion of the Kevothermal business in Albuquerque. The expansion will be supported by New Mexico's closing fund, LEDA. LEDA not only helps recruit new businesses to our state, but also helps existing firms grow and thrive.

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New Mexico Governor Susana Martinez Announces Expansion of Pathology Software Company

September 20, 2018

Albuquerque, N.M. - Today, Governor Susana Martinez announced that Indica Labs, a homegrown technology company, will create up to 58 new jobs and invest more than $3 million in its new headquarters location in Albuquerque. The expansion is being supported by New Mexico's closing fund, LEDA.

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Governor Susana Martinez Announces Expansion of Homegrown Leader in Data Analytics & Visualization Technologies

September 18, 2018

Albuquerque, N.M. - Today, Governor Susana Martinez announced that Albuquerque data science company RS21 will expand operations, creating up to 80 new high-tech jobs. RS21 will also invest more than $2 million to expand and renovate its headquarters in Downtown Albuquerque, reinvigorating the iconic Occidental Life building. The move brings new life to a prominent New Mexico feature with a storied history going back over a century.

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New Mexico MainStreet Director Honored at the New Mexico Municipal League Annual Conference

September 12, 2018

Santa Fe, N.M. - Today, New Mexico MainStreet announced that Co-Director Rich Williams was honored for his service and dedication to creating economic opportunities in New Mexico. David Izraelvitz, Chairman of the Board for the New Mexico Municipal League, presented Williams with the "Amigo De Las Ciudades" award. Williams has directed the New Mexico MainStreet program for more than 15 years. The award is given out rarely and recognizes exemplary service to communities. The New Mexico Municipal League noted his tireless work to move proposals and policies forward that benefit communities.

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