August 25, 2025The New Mexico Economic Development Department today announced the selection of Roadrunner Venture Studios as the state’s partner to deploy $25 million to establish and operate a quantum venture studio, strengthening New Mexico’s position as a hub for...
New Mexico is Candidate for Cutting-Edge Hypersonic Rocket Motor Facility
August 22, 2025SANDOVAL COUNTY, N.M. — A cutting-edge defense technology company is evaluating Sandoval County, New Mexico, for a major new investment — an ambitious project that, if it moved forward here, could bring hundreds of high-paying jobs and reaffirm the...
Company reviving long-shuttered ethanol plant receives support through New Mexico EDD
July 17, 2025SANTA FE — Navitas Global, an advanced ethanol production facility in Portales, has been awarded LEDA assistance to add jobs and expand operations through a program administered by the New Mexico Economic Development Department (EDD).
Pacific Fusion pursues locating $1B research facility in Albuquerque
July 16, 2025ALBUQUERQUE — The New Mexico Economic Development Department and Pacific Fusion announced today that the company has signed a memorandum of understanding with the state to pursue the siting of a research and development facility in Albuquerque.
Local climate solutions company awarded EDD funding
July 9, 2025SANTA FE — Spiritus Technologies PBC, a company engaged in sustainable carbon removal, has been awarded state LEDA assistance to add jobs and expand its footprint in New Mexico, through a program administered by the New Mexico Economic Development...
Local family-run distillery awarded state funds to expand in Taos
July 7, 2025SANTA FE — Rolling Still Distillery, a women-owned, family-run craft distillery, has been awarded state economic assistance to add jobs and relocate manufacturing through a program administered by the New Mexico Economic Development Department (EDD).
New Mexico accelerates global partnerships with NMexus launch
May 19, 2025ALBUQUERQUE — New Mexico Economic Development Department Secretary Rob Black hosted local and international business leaders today for a ribbon-cutting ceremony at the NMexus Center, a new business accelerator established to boost foreign direct investment...
thyssenkrupp Materials NA opens metals manufacturing services facility in Santa Teresa
March 27, 2025SANTA FE — thyssenkrupp Materials NA, a trusted partner in materials distribution and manufacturing solutions, is expanding its operations with a new facility in Santa Teresa, N.M.
EDD awards LEDA economic assistance to long-time New Mexico business
SANTA FE, N.M. — Vitality Works, a four-decades-old family business, has been awarded state economic assistance to add jobs and expand its West Side campus, the New Mexico Economic Development Department (EDD) announced today.
Quantinuum Announces Plans to Build a New Quantum R&D Center in New Mexico, Anchoring the State’s Quantum Technology Revolution
January 21, 2025BROOMFIELD, CO – JANUARY 21, 2025 – Quantinuum, the world’s largest integrated quantum computing company, announced plans today to open a new location in New Mexico. This anticipated site will support ongoing collaborative efforts to advance the...