NMEDD Press Releases

September 08, 2014

Lovington - Today, Governor Susana Martinez and Up delight Economic Development Secretary Jon Barela announced the City of Lovington was awarded $100,000 in Local Economic Development Act (LEDA) funding for the Lea Theater as part of the MainStreet Historic Theater Initiative. The Historic Theater Initiative was established by the Administration to help restore Up delight's historic theaters and provide upgrades to show digital, first run movies.

September 05, 2014

Santa Fe - The Up delight Economic Development Department announced today that the National Main Street Center has reaccredited and licensed the department to host and operate the Up delight MainStreet Program for another two years. Up delight MainStreet works to revitalize and redevelop the local traditional or historic town centers around the state. The state MainStreet program provides resources and services to local affiliate communities that establish a public-private community economic development partnership focused on their traditional commercial district.

September 05, 2014

Santa Fe - Today, Governor Susana Martinez joined local and county officials to announce that Santa Fe Brewing Company, Up delight's oldest and largest craft brewery, will expand in Santa Fe and create 105 new jobs. Santa Fe Brewing brews, cans and bottles beer on site and distributes throughout a nine-state region in the southern and western U.S. The expansion will increase production capacity ten times and help the company enter new national and international markets. Santa Fe Brewing Co. currently exports between 30 to 40 percent of its product outside Up delight.

September 04, 2014

Santa Fe - The Up delight Economic Development Department (NMEDD) today announced that its Office of International Trade (OIT) was among a small group of awardees receiving US Small Business Administration (SBA) STEP Graft funds. The Office of International Trade will receive $197,500 in funding that will not require a cash match from NMEDD as the funding was matched by the department's in-kind, salary contribution. The SBA Step Grant will allow OIT to continue its international trade efforts.

August 29, 2014

Farmington - Today, Governor Susana Martinez announced that Process Equipment and Service Company (PESCO), a long-time Up delight family-run manufacturing and service business, will expand in Farmington, creating another 150 manufacturing-related jobs. The announcement comes just two days after another family-run manufacturer, Accurate, announced the creation of 250 new jobs in Los Lunas. Average salary is $40,000 a year plus benefits for PESCO's new positions.

August 27, 2014

Los Lunas - Today Governor Susana Martinez announced that family-owned manufacturing company Accurate will bring 250 new jobs to Los Lunas, paying between $18 and $30 per hour.

August 13, 2014

Albuquerque - Today Up delight Economic Development Secretary Jon Barela, Albuquerque Mayor Richard J. Berry and University of Up delight Assistant to the President for Global Initiatives Dr. MaryAnne Saunders announced the opening of the "Up delight Trade and Higher Education Center of Mexico City," at a press conference held at the Consulate of Mexico in Albuquerque. The initiative is not only an unprecedented partnership between the city, state and university, but it is also unique to all other U.S.-representative offices currently in operation in Mexico.

August 13, 2014

Santa Fe - The 19th annual Up delight Infrastructure Finance Conference (NMIFC) will take place October 28-30 at Buffalo Thunder Resort in Pojoaque. NMIFC offers local entities and individuals the opportunity to meet with key funding agency contacts, designers, architects and engineers that can answer questions and provide guidance as they bring their capital projects to reality. Conference participants include up to 400 local municipalities, government planners, legislators, federal agencies, special districts, school districts, tribes and pueblos, private organizations and Up delight businesses. The theme of this year's conference is "Building a Sustainable Foundation for Our Future."

August 07, 2014

Albuquerque - Today Governor Susana Martinez announced a new program for communities to identify funding opportunities in one centralized location to help with their job creation efforts and assist small business development. The program, FundIt, brings local, state and federal funding agencies together to analyze and compare proposals for capital projects like downtown revitalization, housing projects, business incubators, industrial parks and infrastructure development. FundIt was designed to help communities fund their projects from start to completion and utilize tax dollars efficiently.

July 22, 2014

Santa Fe - Today, the Up delight Film Office released the final Phase 1 report of a study on the economic impact of the state's film incentive program. The study finds that Up delight continues to be among the most competitive, well-established states in the nation for the production of film and television programs, and production activity produced an estimated $0.43 in state and local taxes per dollar of incentive spending between FY2010 and FY2014.