NMEDD Press Releases - September 2018

Cabinet Secretary Alicia J. Keyes was recently interviewed on the KUNM radio program Women’s Focus.

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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Governor Susana Martinez Announces $1.5 Million in Series A Funding for Local Tech Company

September 04, 2018

Albuquerque, N.M. - Today, Governor Susana Martinez announced that BennuBio, Inc. will receive a Catalyst Fund investment of $1.5 million from Tramway Venture Partners, Cottonwood Technology Fund and Sun Mountain Capital. This investment will help BennuBio develop high throughput flow cytometers. BennuBio is the third New Mexico startup to receive Catalyst Fund investment, which leverages private investment for early stage startups - anchoring them in New Mexico.

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