Latest Updates

Gallup, New Mexico is the Most Patriotic Town in America

Wednesday, September 25, 2019

For Gallup, New Mexico, patriotism runs deep. Generations of Gallup’s citizens have served in the U.S. Armed Forces, in WWI, WWII, Korea, Vietnam, as well as the Gulf Wars and in Afghanistan. Some of these veterans have been made famous by movies like The Code Talkers or books like Forged in Fire, written by Gallup’s Medal of Honor recipient - Hershey Miyamura. While these stories have captured national interest and international acclaim, all of Gallup’s veterans are respected and revered for the sacrifices they have made for our country. Veterans Helping Veterans – Brothers in Arms, a group founded by Vietna...

WNMU hosted 25th annual Economic Development Conference

Friday, September 06, 2019

SILVER CITY, N.M. – At the conclusion of Western New Mexico University’s 25th annual basic rural economic development course, students presented prescriptive economic development strategies for three New Mexico communities – Doña Ana, Sierra and San Juan counties – to three of the top economic development minds in the state, who were hypothetically seeking to underwrite the implementation of these plans. Using real data, the students assessed each communities’ strengths, needs and estimated what it would take to bring the necessary number of jobs to completely wipe out unemployment and boost the economy overall in their respective communities. Their presentations ar...

New Mexico high school to build 'tiny houses' near Navajo Nation

Sunday, September 01, 2019

GALLUP, N.M. — A western New Mexico high school is making plans to become a tiny house factory to build affordable housing in a city near the Navajo Nation. Hiroshi Miyamura High School in Gallup will begin a program to teach students about building tiny homes and the business behind them, the Gallup Independent reports. Principal Jack McFarland said the program will provide real results and hands on learning for students. He says the goal is to build around two tiny houses a year. "The project will not involve the entire school," he said. "It starts with freshmen and sophomores this year an...

New Mexico offers $1 million bonus to Opportunity Zone projects

Tuesday, August 27, 2019

The State of New Mexico has unveiled an incentive program for Opportunity Zone (OZ) projects and is offering a $1 million bonus to investments that meet certain benchmarks, Economic Development Cabinet Secretary Alicia J. Keyes said. Keyes said the $1-million OZ Jobs Bonus shows that Opportunity Zone investments are a key strategy for Gov. Michelle Lujan Grisham as the state diversifies its economy. The federal tax initiative to stimulate development in lower-income neighborhoods can be a huge catalyst in New Mexico where it can be difficult to attract outside financing. “One of the goals of my administration is to spread investment t...

Gallup’s Transportation Assets Are Good for Business

Wednesday, August 21, 2019

Gallup, New Mexico is ideally situation in the Southeastern United States – a rapidly growing region. According to Johnny Johnson, Managing Director of the New Mexico Trucking Association, “The advantage of New Mexico and McKinley County is the strategic location coming off the west coast for HOS and proximity to the port of Houston in Texas.” Businesses can use the interstate to travel coast to coast From Gallup and McKinley County, businesses can easily access the Southwestern United States and drive the interstate to the east and west coasts. For example, it is possible to take I-40 all the way to Wilmington...

Meow Wolf One of New Mexico’s Strongest Startup Success Stories

Wednesday, August 21, 2019

Meow Wolf is a well-known name in New Mexico, and increasingly throughout the rest of the country. What started as a popular art installation in Santa Fe quickly became one of the biggest startup business stories to come out of New Mexico. The company disclosed in May that it had raised $158 million in funding. Meow Wolf has raised the largest fundraising round in the last decade than any other startup New Mexico-based company. The next leading contender has raised $30 million and is more than five times below the total amount of Meow Wolf’s raised funds. And a report prepare...

New Mexico: Opportunity Zones are Knocking

Monday, August 05, 2019

FOR IMMEDIATE RELEASE: Contact: Bruce Krasnow B?ruce.Krasnow@state.nm.us (505) 827-0226, cell: (505) 795-0119 SANTA FE, N.M. - The New Mexico Economic Development Department (NMEDD) hasunveiled a new website so local governments, investors, businesses, and propertyowners can take advantage and connect with Opportunity Zone resources. The state, along with NMEDD, designated 63 Opportunity Zones in 22 counties as part ofthe U.S. Government’s Tax Cuts and Jobs Act of 2017. The purpose of the tax law is toattract capital investment into economically distressed areas in exchange for a reducedtax obligation. “The Opportunity Zone program has the potential to transform parts of New Mexico andimpact communities for generations to come,” said Cabine...

GGEDC awarded TBIC FDI Certification

Tuesday, July 23, 2019

Gallup, NM — GGEDC Board President Tommy Haws announced Trans-Atlantic Business Council (TBIC) is awarding the Foreign Direct Investment Qualified Community Certification (FDI Certification) to Greater Gallup Economic Development Corporation (GGEDC) with the purpose of promoting the Gallup-McKinley County market to foreign, specifically, European industries. Trans-Atlantic Business Council seeks to connect European industrial enterprises with American communities in efforts to develop distant yet promising economies. “With the FDI community certification, TBIC will market Gallup-McKinley County to European manufacturing firms” said Executive Director Patty Lundstrom. “The FDI community certification indicates that Gallup-McKinley County has the necessary education infrastructure, talent pool, community suppor...

Microsoft, Sacred Wind attack digital divide in rural NM

Friday, June 28, 2019

ALBUQUERQUE, N.M. — Albuquerque-based Sacred Wind Communications is partnering with Microsoft Corp. to provide wireless broadband to remote New Mexico communities through unused TV spectrum. Sacred Wind will install Microsoft technology to tap into “TV white spaces,” or unused UHF and VHF broadcast spectrum, to potentially provide high-speed internet for the first time to up to 40,000 rural households over the next eight years, Sacred Wind CEO John Badal told the Journal. “This technology allows us to leap frog over older technologies to get broadband to more rural areas,” Badal said. “Microsoft’s equipment costs about the same as other technologies widely use...

Gallup, New Mexico is a Patriotic Community Centrally Located in the SW United States

Wednesday, June 26, 2019

Gallup, New Mexico is conveniently located within one of the fastest growing regions of the United States. Gallup provides companies with easy access to expanding markets in Colorado, Arizona, and Texas. In fact, Gallup is a transportation hub with immediate rail and highway access, providing companies with multiple ways to transport raw materials and finished products throughout the entire United States and internationally. In addition to being a transportation hub, Gallup is affordable. When compared with other major cities, the cost of doing business and owning commercial property can be significantly lower here. Gallup is a Patriotic Community, Supportive of Business an...

2019 SelectUSA Investment Summit

Tuesday, June 18, 2019

Executive Director, Patty Lundstrom in Washington, D.C. attending the 2019 SelectUSA Investment Summit with NM Partnership, Cibola Communities Economic Development Foundation, Economic Development Corporation of Lea County, and the Village of Los Lunas.

Community gathers to celebrate opening of Gallup veterans cemetery

Tuesday, May 28, 2019

GALLUP, N.M. (KRQE) - People near Gallup now have a new place to remember those who gave it all after the opening of New Mexico's second state-run veterans cemetery in Gallup. "If they bury their loved ones here, they will be close to home and not have to drive around the state to be with them," Gallup Mayor Jackie McKinney said. Previously, families would have to drive hours to visit their loved ones' graves at national cemeteries like the one in Santa Fe. Monday, people gathered to honor our fallen heroes and celebrate the completion of the new state veterans cemetery in Gallup. It'...

Making Sci-Fi Real

Monday, May 20, 2019

New Mexico is emerging as a national leader in joint government-industry efforts to modernize the country’s space-based defense systems and build 21st century laser and microwave weapons, and that is creating opportunities for local business. That includes companies of all sizes, from global players like Raytheon and Northrop Grumman to small homegrown firms and even startups with innovative technologies. Kirtland Air Force Base and White Sands Missile Range are playing critical roles in the modernization efforts, thanks to their technical talent and established infrastructure. That’s boosted through aggressive efforts by Democratic senators Martin Heinrich and Tom Udall to promote New Mexico a...

Top 7 Reasons New Mexico is Perfect for the Space Industry

Monday, May 13, 2019

We are on the cusp of a new Space Age. The space industry anticipates more advances in the next decades than we have seen since the launch of Sputnik in 1957. The space industry is becoming less sci-fi and more mainstream thanks to a new shift toward direct-to-consumer services. Things like video calls, inflight WiFi, navigation, driverless navigation and weather monitoring were initially conceived as space technologies, and are now used every day down on Earth. Additionally, large internet-providing fleets of commercial satellites are being deployed, bringing the space economy into the lives of half the planet on a near constan...

New Mexico Makes Historic Investment in Tribal Communities

Monday, May 06, 2019

SANTA FE -- New Mexico Indian Affairs Department Cabinet Secretary Lynn Trujillo credited state lawmakers and Governor Michelle Lujan Grisham for a “historical investment” in tribal communities this year. The Indian Affairs Department has received $75 million in direct capital outlay funds and an additional $30.7 million will be invested in tribes through other state agencies such as the Departments of Transportation, Aging and Long-Term Services, and Education. The $75 million will fund over 140 projects in tribal communities, including improvements to drinking water and sewer systems, renovating chapter houses and tribal buildings, and extending broadband services. Read full press release.

The New Mexico Film Office Announces “Better Call Saul” to film a fifth season in New Mexico

Wednesday, May 01, 2019

Santa Fe, N.M. – The New Mexico State Film Office announced that the television series, “Better Call Saul” will begin principal photography on season five this month. “The fact that Sony Pictures and “Better Call Saul” are filming for a fifth season in New Mexico is a tribute to our professional crews, our climate, and our new package of incentives which make New Mexico the best in the country for this industry,” said New Mexico Economic Development Cabinet Secretary Alicia J. Keyes. “We welcome them back.” “Albuquerque itself is one of characters in “Better Call Saul” and we welcome the show bac...

U.S. News & World Report Releases 2020 Best Graduate Schools

Tuesday, April 30, 2019

A number of programs and schools at The University of New Mexico were ranked among the country’s best in the 2020 US News & World Report graduate school rankings. U.S. News & World Report, the global authority in education rankings, unveiled the 2020 Best Graduate Schools evaluating universities across six major disciplines including business, education, engineering, law, medicine and nursing. Read full article.

THE FUTURE IN SPACE IS IN NEW MEXICO

Monday, April 29, 2019

A study of the emerging space opportunity for New Mexico GROW New Mexico’s space industry through public/private partnerships EXPAND New Mexico’s existing space industry through new opportunities ATTRACT space industry players to New Mexico Goals: Increase private and government investment in space in New Mexico Broaden New Mexico space business opportunities Expand the available NM space workforce to meet emerging space tech needs Create a bigger voice for Space in NM Read full study.

Shovel Ready and Certified Sites Add Long-Term Success for Companies

Monday, April 22, 2019

As time slices through 2019, shovel-ready or "certified" site programs of all kinds continue to be key economic development tools fast-tracking the creation (or expansion) of manufacturing or industrial facilities for America's corporate citizens. When done right, these programs don't discriminate by size, but have proven to add long-term value and an attractiveness cachet to both communities large and small. Typically these sites are certified by either their home states and/or by an outside consulting firm retained by the states and the communities housing the sites. They are prepared and marketed to be either an industrial site ready for a distribution...

VIDEO GAME AND DIGITAL MEDIA PRODUCTION

Wednesday, March 27, 2019

Since 2002, New Mexico has offered a rebate through the Refundable Film Production Tax Credit to companies who produce movies in New Mexico; and this incentive also applies to the production of all forms of digital media. This means video game companies qualify for the same incentive that film companies get; a 25% rebate of most expenses incurred in New Mexico, including compensation costs. When paired with New Mexico’s lower cost of compensation, this provides companies with a near 50% total savings when compared with places that typically attract companies in the digital media industries like Seattle or San Francisco. Ne...

It’s a Great Time to Buy Property in Gallup and McKinley County

Thursday, October 10, 2019

Gallup, New Mexico is a convenient and affordable location within the Southwestern United States. Many businesses and families are choosing to locate here because of area amenities, easy transportation access, job opportunities and the possibility of purchasing a commercial property or private home at a fraction of what it would cost in other Southwestern states like Colorado. Geo Bia, a Gallup Realtor with Coldwell Banker said, “One huge advantage for businesses to locate in Gallup is the location and its proximity to major markets. In addition, Gallup serves as the hub for a huge area of the state and th...

New Mexico offers $1 million bonus to Opportunity Zone projects

Tuesday, September 03, 2019

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