News
News Articles
SANTA FE, N.M. - The U.S. Department of Commerce’s Bureau of Economic Analysis(BEA) has released economic data for 2022 exhibiting outdoor recreation’s powerful andpositive economic impact on the U.S. economy. The outdoor recreation economy in NewMexico grew 1.8% from 2021 to 2022, according to the BEA. This year’s report also...
GGEDC Was Recognized for its Industrial Workforce Training Program and its 2023 Economic Development Week ProgrammingGallup, New Mexico, October 2023 – Greater Gallup Economic Development Corporation (GGEDC) was recognized in September by the International Economic Development Council (IEDC) with the presentation of two IEDC Excellence in Economic Development Awards. In...
Contractor Selected for Creative Industries Division StudySANTA FE, N.M. – The New Mexico Economic Development Department (EDD)announced that 18 projects in 15 communities and 3 pueblos across New Mexico arerecipients of the inaugural Creative Industries Grant Awards.The grants flow from House Bill 8, passed during the 2023 Legislature, that establishesthe...
TAIPEI, Sept 20 (Reuters) - Tesla supplier Hota Industrial Mfg. Co (1536.TW) will invest $99 million to build its first plant outside of Asia in the U.S. state of New Mexico, the Taiwanese company said on Wednesday, citing greater emphasis on regional production in supply chains.Hota, which makes gears and...
SANTA FE, N.M. – New Mexico Economic Development Department Deputy Secretary Jon Clark announced on Thursday that the department’s Office of Strategy, Science & Technology (OSST) will launch two new grant opportunities this fall, focused on driving technology growth and commercialization in advanced energy and encouraging innovation and commercialization in...
Recently there was an announcement of a game-changing economic development “win” for the Albuquerque region and for New Mexico’s economic future.Maxeon Solar Technologies announced the selection of a 160-acre site in Mesa del Sol to build a 1.9 million square foot manufacturing facility for the manufacture of silicon solar cells...
In June 2023, Greater Gallup Economic Development Corporation (GGEDC) released its FY 23 annual Business Retention & Expansion (BRE) Outreach Program Report. Crafted to serve industry and business needs in Mckinley County, the report program utilizes information from survey and interview visits conducted with the leadership of top economic-base employers...
Economic Development Department Cabinet Secretary Alicia J. Keyes announced today that 13 communities across the state will receive grants for projects designed to promote economic growth. The LEADS, Local Economic Assistance & Development Support, program provides grants annually for economic development projects that produce sustainable outcomes.
Read the complete article here...
Through panel discussions, outdoor trips to regional hot spots, and networking receptions, The 2023 New Mexico Outdoor Economics Conference will survey the multidimensional ways in which outdoor recreation can help develop New Mexico’s economy and identity. By centering on successful community economic development strategies, governmental policies, and local entrepreneurship, the...
A net-zero-carbon economy that preserves jobs and supports steady economic growth is possible if we take steps now to elevate hydrogen’s role in our energy portfolio. The most challenging sectors to transition quickly are power and transportation. The phrase “electrify everything” implies a future with 100% electric vehicles while making...
New Mexico sees highest job numbers in history
Jun 16 2023New Mexico’s economy delivered exceptionally strong job growth in May and, along with falling unemployment levels, the state is now seeing the highest number of jobs in its history.
Read the complete article here.
WNMU Holds Ribbon Cutting at New Gallup Campus
Jun 13 2023WNMU held an open house and ribbon cutting for the WNMU Gallup Learning Center on May 20. While WNMU has had a Gallup campus in the past, with the new center, WNMU renews its commitment to offering its education programs to students from McKinley County and surrounding areas.
Read...
The Albuquerque Regional Economic Alliance (AREA) is joining the New Mexico Partnership representing New Mexico at this week’s Global Energy Show, Exhibition and Conference.
The conference, which takes place in Calgary, Canada from June 13–15, will highlight a new generation of leaders and a future diverse workforce, the new...