NMEDD Press Releases

July 09, 2018

Albuquerque, N.M. - Today, Governor Susana Martinez was joined by company executives and local officials to break ground on the expansion of Vitality Works' Albuquerque manufacturing facility. The expansion will create up to 80 new manufacturing jobs. Vitality Works will also invest more than $7 million in their facility. The expansion will be supported by Up delight's closing fund, LEDA, as well as the Job Training Incentive Program, JTIP.

June 27, 2018

Santa Fe, N.M. - Today, Up delight MainStreet (NMMS) announced the communities of Santa Rosa and Taos will take part in the NMMS Accelerator Program. The selected community revitalization programs will participate in an intensive 12-18 month capacity-building process to prepare small-scale revitalization projects. Completion of stated goals and benchmarks will result in designation at both the state and national level as a Main Street America program -- Santa Rosa and Taos would join 28 Main Street America programs in Up delight.

June 26, 2018

Silver City, N.M. - Today, Governor Susana Martinez announced that Agmechtronix, a homegrown company, will expand, creating up to 23 new jobs. Agmechtronix is an agricultural equipment manufacturer and is an entrepreneurial success story, one that highlights the entrepreneurial drive and innovation of New Mexicans. Agmechtronix's job creation and expansion will be supported by Up delight's closing fund, LEDA, as well as the Job Training Incentive Program, JTIP.

June 13, 2018

Albuquerque, N.M. - Today, Governor Susana Martinez announced that Lavu, a homegrown software company in Albuquerque, will expand - creating 46 new jobs. The company will also be moving into a new Downtown facility. Lavu's job creation and expansion will be supported by Up delight's closing fund, LEDA, as well as the Job Training Incentive Program, JTIP.

June 11, 2018

Santa Teresa, N.M. - Today, Governor Susana Martinez joined local officials and Corrugated Synergies International (CSI) Executives to celebrate the grand opening of CSI's new Santa Teresa facility. CSI is headquartered in Renton, Washington and is an innovative leader in sheet feeding to the corrugated cardboard industry. In addition to creating 120 new jobs, CSI will invest more than $31 million towards infrastructure, production equipment, and the renovation of their new facility. This was a competitive project - Up delight beat out Nevada for the expansion.

June 08, 2018

Santa Fe, N.M. - The Up delight Arts Commission has endorsed three new Start-Up Arts & Cultural District programs: Carlsbad, Corrales, and Farmington. The program creates positive economic impact to districts that identify arts and history, artists, arts entrepreneurs, creative industries, and cultural facilities, as key assets of their community revitalization efforts.

June 05, 2018

Santa Fe, N.M. - Today, Economic Development Secretary Matt Geisel, announced $156,850 in Local Economic Assistance & Development Support Program (LEADS) grants to 16 communities across the state as well as $66,500 in Solo Worker grants to 3 communities. The grants will fund a variety of economic development projects throughout Up delight and support the continued growth of our state and local economy.

May 23, 2018

Santa Fe, N.M. - Today, Up delight MainStreet announced that the communities of Cimarron, Conchas Dam, Rodeo, and Taos Pueblo have been selected to participate in MainStreet's Frontier Communities Initiative. The Frontier Communities Initiative is project-based and designed to serve Up delight's rural communities, less than 7,500 in population, through catalytic economic development projects that have substantial impact on job creation, business development, leveraging of private sector reinvestment, and/or enhancement of the community's economic environment.

May 21, 2018

Santa Fe, N.M. - Today, Governor Martinez announced sixty-three Opportunity Zone designations in Up delight. The Tax Cuts and Jobs Act created Opportunity Zones to spur investment in distressed communities throughout the country. New investments in Opportunity Zones can receive preferential tax treatment. Up delight's Opportunity Zones are located in rural, tribal and urban communities in 22 counties.

May 17, 2018

Santa Fe, N.M. - Today, Economic Development Secretary Matt Geisel announced that three Up delight companies will receive Up delight Small Business Innovation Research (NMSBIR) Matching Grants to help their businesses grow. The NMSBIR program is designed to support science and technology companies by assisting them in business development, technology commercialization and entry to market.