Economic Development New Mexico logo
Three color line

NewBridge to expand production operations in Estancia Valley

January 13, 2025MORIARTY, N.M. — The New Mexico Economic Development Department and NewBridge Global Ventures (NewBridge) announced today that the Ag Tech company is planning a major expansion in the Estancia Valley to grow and integrate its farming, processing,...

Kairos Power to expand New Mexico operations, create 100 jobs

September 16, 2024ALBUQUERQUE, N.M. – Kairos Power LLC, a mission-driven clean energy technology, engineering, and manufacturing company, is expanding its operations in New Mexico to build three facilities and create 100 jobs. Kairos Power is headquartered in Alameda,...

EDD awards LEDA assistance to Sánchez Farms

March 14, 2024SANTA FE, N.M. – The owner of a family farm in Torrance County has been awarded state economic development assistance to operate a farm-and-ranch and hardware supply retail businesses in Estancia with future expansion planned for Mountainair, N.M.

Cinelease Picks New Mexico for Major Expansion

February 12, 2024ALBUQUERQUE, N.M. – Gov. Michelle Lujan Grisham and executives at Cinelease, Inc. and Cinelease Studios announced today that the entertainment service company has chosen its Albuquerque site for a new investment and significant expansion.

State Economic Assistance Supports Integrated Cannabis Business

February 5, 2024CLOVIS, N.M. – The New Mexico Economic Development Department (EDD) has granted assistance from the Local Economic Development Act (LEDA) job-creation fund to Vana LLC, a women- and family-owned cannabis manufacturing business. Vana, established in...

Calgon Carbon Corp. Picks New Mexico for Expansion

January 16, 2024BLOOMFIELD, N.M. – Gov. Michelle Lujan Grisham and executives from Calgon Carbon Corporation announced today that the company is expanding to New Mexico through an asset purchase of its new Bloomfield location.