News

Economic Development Week in Greater Gallup, New Mexico: ‘Building On Our Assets’

Tuesday, May 10, 2022

Economic Development Week (EDW) is May 8-14. EDW was established in 2016 by the International Economic Development Council (IEDC) — the largest professional membership organization for economic developers — to recognize the unique role that economic development has in creating thriving communities with strong economies. The week serves to increase awareness of local programs that create jobs, advance career development opportunities, and improve communities’ quality of life. Building Our Assets In Gallup and McKinley County, Greater Gallup Economic Development Corporation (GGEDC) and our partners have a host of weeklong activities planned to highlight our positive economic impact on our vibrant New Mexic...

$60 Million earmarked for infrastructure headed to New Mexico’s Borderplex

Wednesday, March 23, 2022

New Mexico Governor Michelle Lujan Grisham announced the delivery of $60 million dollars for infrastructure investments in New Mexico's Borderplex. The money is intended to support economic development and global trade and build on prior investments in Santa Teresa. Read full article.

A look at 'meat and potatoes' investing in the Borderplex region

Wednesday, March 23, 2022

"We're not as sexy as film. We're not as sexy as Richard Branson flying to space. While it's important we pursue those two areas and nanotechnologies and bio-whatever, you can't forget what's going on at the border and what I call meat and potatoes," Jerry Pacheco said at an Economic Forum presentation on Wednesday. Read full article.

Border boom pushes NM exports to record $5.4 billion

Wednesday, March 23, 2022

New Mexico exports ballooned by 46% in 2021 to a new annual record of $5.4 billion, thanks largely to bustling activity at the Santa Teresa industrial parks along the Mexican border. Total worldwide sales jumped by nearly $1.7 billion last year compared with 2020, representing a huge turnaround from a pandemic-induced trade slump in 2020. Read full article.

From an old car dealership, Torc tests driverless technology on Albuquerque highways

Wednesday, March 23, 2022

ALBUQUERQUE, N.M. – Sitting at the wheel of a gleaming Freightliner Cascadia truck with almost 40 tons of cargo in the trailer behind him, Paul Norero watches the light for the entrance ramp to I-25 turn green. He checks his mirrors and cross-traffic and presses down on the accelerator. Halfway up the ramp from downtown Albuquerque, the 18-year trucking veteran presses a button. The overhead ambient lighting in the cab turns a soft blue as the system from Torc Robotics takes over. The truck signals and pulls into its lane. A nearby monitor shows the world the truck “sees” throug...

X-Bow Systems Emerges From Stealth, Unveiling 3D Printed Solid Rocket Motors

Wednesday, March 23, 2022

X-Bow Launch Systems Inc. (X-Bow), a revolutionary American space technology company focused on 3D printed energetics, announced today that it has exited stealth mode. X-Bow (pronounced “cross-bow”) brings to market its solid fuel rocket motors, along with a suite of small launch vehicles for both orbital and suborbital launch services. Customers already include the U.S. Air Force Research Labs and AFWERX, Los Alamos and Sandia National Labs, as well as the Defense Research Projects Agency (DARPA). Since its founding in 2016, X-Bow has focused on the design and development of 3D printed solid rocket motors that are more efficient and considerabl...

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