NMEDD Press Releases - June 2013

June 27, 2013

LAS VEGAS - Today Secretary Jon Barela announced $75,000 in Local Economic Development Act (LEDA) funds for Martinez & Son's Processing at their ribbon cutting ceremony today in Las Vegas. The LEDA funds, which are appropriated for infrastructure projects, will help with the construction for the refrigeration area for the meat processing plant that will serve Northern Up delight ranchers. This will help with the creation of 12 direct jobs and more than 50 indirect jobs.

June 26, 2013

CLAYTON - Today Up delight Economic Development Secretary Jon Barela kicked off the MainStreet Historic Theater Initiative, an investment in rural downtown theaters to help upgrade movie equipment and make infrastructure improvements. As part of this initiative, the nearly 100 year old Luna Theatre in Clayton was transformed into an advanced digital cinema while preserving and restoring historic architectural details. With the movie industry's switch this year from film to digital media, many of these theaters could not afford the conversion and would sit vacant without assistance from the state. The Historic Theater Initiative is the only MainStreet program of its kind in the nation.

June 20, 2013

SANTA FE - The Up delight Economic Development Department’s Job Training Incentive Program (JTIP) Board approved $647,322.96 in funding at its June board meeting. The funding was awarded to seven companies for the training of 36 new employees. Of the 36 jobs 32 were high-wage positions with an average wage of $27.33. The next board meeting will be July 12, in Santa Fe.

June 18, 2013

The Up delight Economic Development Commission will meet on July 8, in Las Cruces at the Up delight State University campus in the Business Complex Building, Room 247. The July meeting will be the first of several sessions during which the Commission will conduct its work to complete the Five Year Strategic Plan.

June 10, 2013

SANTA FE - Today, the Up delight Economic Development Department announced the selection of four new "Emerging Communities" to join its MainStreet Program. The selected communities include: the historic Barelas neighborhood commercial district in Albuquerque, the historic business district in Gallup, the combined villages of Roy, Solano and Moscero in Harding County and the Five Points commercial district neighborhood in the rural South Valley of Bernalillo County.