Latest news with #NMexusCenter
Yahoo
21-05-2025
- Yahoo
Wastewater concerns, McDonald's assault charges, Warm and calm weather, Dangerous road, Global business accelerator
Santa Fe teacher, principal, and school counselor put on administrative leave Albuquerque City Council approves program to give gas cards to APD officers Will DWI corruption criminals have to pay victims? St. Pius X hires former UFC fighter as wrestling coach How drone soccer at this Albuquerque school is inspiring students Remains found in Santa Fe National Forest identified as 1950s wrestler, actor Man charged with giving alcohol to 20-year-old who fell from stands at Pirates game [1] Permit hearing for wastewater project near Tesuque draws mixed reaction – Some residents in northern New Mexico are voicing their concerns over a local resort's plan to dump its treated wastewater near a local water source. The Bishop's Lodge Resort in Tesuque is asking the state for a wastewater discharge permit. Residents say it would allow the lodge to release 30,000 gallons per day of partially treated sewage, putting surrounding areas at risk. An attorney for Bishop's Lodge argues their wastewater system is state-of-the-art and safe. A spokesperson for the New Mexico Environment Department says the matter is now in the hands of the cabinet secretary. [2] Judge denies motion to dismiss charges for man accused of assault at McDonald's – Last year, surveillance video shows a man violently beating another customer, leaving him in a coma. Police said Heath Miller was the attacker after a tipster identified him. In a motion, the defense argued that the anonymous tip was not enough probable cause for arrest. The judge denied the defense's motion. She also denied the defense's motion asking for him to be released pending trial. He is charged with aggravated assault. [3] Way-above-normal temperatures & calm weather ahead – High temperatures will hit the 90s for the first time this year on Thursday afternoon in Albuquerque. Winds will stay light as well, with the exception of a few 25 to 30 mph breezes. Moisture will push into eastern New Mexico Wednesday night, bringing a chance for spotty showers to the Sangre de Cristo Mountains and far southeast New Mexico. [4] Santa Fe County officials address deadly road near jail – Santa Fe County officials are working to address a stretch of New Mexico Highway 14, outside the county jail, that is considered dangerous for walkers. A New York Times article published last week highlighted how some inmates would choose to walk along the road after being released. The jail is in a a remote area with little-to-no lighting and no sidewalks. In the last ten years, at least five people who have been released have been killed while walking along NM 14. The jail warden says everyone is offered a ride to a designated location once they're released. [5] NMexus Center officially opens at Mesa del Sol – A first-of-its-kind global business accelerator center opened in New Mexico. Mesa del Sol held a ribbon cutting to officially open the NMexus Center. The center is meant to act as a permanent pipeline for foreign investment in the state. There are currently seven companies housed in the center with room to serve up to 40. Right now, there are companies from India, the Middle East, Europe, and Asia. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Yahoo
21-05-2025
- Business
- Yahoo
NMexus Center officially opens at Mesa del Sol
ALBUQUERQUE, N.M. (KRQE) – It's a first-of-its-kind global business accelerator center, and it just opened in New Mexico. Mesa del Sol held a ribbon cutting to officially open the NMexus Center. The center is meant to act as a permanent pipeline for foreign investment in the state. 'We think over the next five years that's going to accumulate to about 1,500 jobs for New Mexicans here in the state in a variety of sectors, IT to AI to advanced agriculture among other sectors,' said Rob Black, New Mexico Economic Development Secretary. Albuquerque City Council approves program to give gas cards to APD officers There are currently seven companies housed in the center with room to serve up to 40. Right now, there are companies from India, the Middle East, Europe, and Asia. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Yahoo
15-05-2025
- Business
- Yahoo
Lujan Grisham announces foreign business accelerator in Albuquerque
Gov. Michelle Lujan Grisham on Tuesday announced a new initiative she described as a 'launch pad' for businesses worldwide to establish a presence in New Mexico. She and other officials billed the upcoming NMexus Center, planned for a site in the Mesa del Sol innovation district in Albuquerque, as a first-of-its-kind enterprise, designed to boost foreign direct investment in the state. The global business accelerator and commercialization center — which will provide companies with tools to expand their operations into New Mexico — will start with about seven companies from around the world but could grow to host up to 40, according to the Governor's Office. 'Today's exciting announcement is the result of my administration's strategic efforts to recruit and retain new businesses in New Mexico, which has a long-standing reputation as a leader in innovation,' Lujan Grisham said during a news conference Tuesday from the state's booth at the SelectUSA Investment Summit in National Harbor, Md. 'The NMexus Center sends an unmistakable message to the rest of the world: New Mexico is open for business.' A ribbon-cutting ceremony is expected in June for the project, which the Governor's Office estimated will generate nearly 100 jobs in its first year, with up to 1,500 jobs created in five years. The center is expected to have an economic impact of more than $400 million in its first five years. The center's first companies include Zonap Engineering India, Alligator Automations, DCirrus Inc., Supreme Technology, the American Grain Corp., Oliver Merino LLC and Ardic. The first two companies are based in India, while Ardic is based in Oman. The companies will focus on areas ranging from tech and water to energy and agriculture, Lujan Grisham said. The state's role in assisting the companies will involve taking care of their relocation, job training and legal and human relations needs, she added. 'Don't think of it as a soft landing,' the governor said. 'Think of it as more as a launch pad for investing and expanding businesses.' Lujan Grisham touted the state's status as an energy powerhouse during her remarks, noting it ranks as the national leader in energy production when all fields are taken into account, including oil, liquefied natural gas, geothermal, wind, solar and small-scale nuclear production. 'New Mexico has the opportunity to expand it, build it, deliver it right now,' she said. U.S. Rep. Melanie Stansbury, D-N.M., spoke after the governor, describing the center as a great place for international businesses to land. 'This is all about bringing and repatriating jobs back to our community,' she said. Amar Vakil, who will serve as executive director of the center, said the Mesa del Sol district in Albuquerque was chosen because of the resources it offers for the business incubator. 'We chose to invest in New Mexico, specifically in the Mesa del Sol innovation district of Albuquerque, because of its unmatched combination of affordability, connectivity and access to a thriving ecosystem of research institutions, national laboratories and a highly skilled workforce,' he said. Vakil said New Mexico believes in taking risks and investing in global partnerships. 'This is a state of firsts,' he said. 022425_md_layoffs2.jpg (copy) Rob Black Rob Black, the state's Cabinet secretary for economic development, said a delegation of foreign officials would be visiting New Mexico soon to celebrate the creation of the center. He said the state has established partnerships with other international organizations — including ITT Kanpur, the Telangana Chamber of Commerce and Industry, the Oman Business Network and the Traders Advocacy Group of Ghana — to help funnel more companies to New Mexico. 'It's these partners we'll be working with on the ground to help bring entrepreneurs to New Mexico,' he said. Black described Tuesday's announcement as a new chapter for the state. 'Through NMexus and our international partner organizations, we have created an economic super-highway for companies to start and grow their presence in the U.S. — creating jobs and manufacturing opportunities,' Black said. According to a news release from the Governor's Office, India has become the 15th foreign country to invest in New Mexico. The state has attracted $2.57 billion in foreign investment during Lujan Grisham's tenure, the release states.
Yahoo
14-05-2025
- Business
- Yahoo
Following trade missions, state to launch global business incubator in Albuquerque
May 13—SANTA FE — New Mexico is opening its doors to foreign companies seeking to get a foothold in the United States, as state officials announced plans Tuesday to set up a new business incubator in Albuquerque's Mesa del Sol area. Seven companies from India and Oman will make up the initial tenants of the NMexus Center, which will be housed in an existing building under a lease agreement set to begin June 1. Gov. Michelle Lujan Grisham said during a Tuesday news conference the new initiative could eventually lead to 1,500 new jobs being created over the next five years, though that would depend on whether the companies decide to ramp up local operations. The governor, along with state and local economic development officials, also predicted the business hub could eventually serve up to 40 companies per year. "Don't think of it as a soft landing — think of it as a launch pad," Lujan Grisham said of the new business accelerator during Tuesday's news conference, which took place during the SelectUSA investment summit at a Maryland convention center. She also said the business incubator would help the companies that set up in New Mexico with logistical issues, including relocation challenges and legal necessities. The seven initial companies are involved in the manufacturing, packaging, data privacy, water and food industries, said state Economic Development Department spokesman Chris Chaffin. They include Zonap Engineering India and Alligator Automations, also from India. Chaffin said no state economic development initiatives were being offered to lure the companies to New Mexico, but left open the possibility that such incentives could be provided if any of the companies eventually decide to expand their footprint in the state. 'Investing and taking risks' The state's latest economic development grew out of a 10-day trade mission to India that Lujan Grisham led last summer. The NMexus Center will be led by Amar Vikil, a Chicago-based business consultant who has worked with firms that help companies find offshore partners. He said the overseas partners involved in the initiative decided to invest in New Mexico, and the Mesa del Sol site in particular, due to its affordability, connectivity and access to nearby national laboratories and research institutions. "New Mexico believes in investing and taking risks," Vikil said during Tuesday's news conference. Specifically, the state announced partnerships with four foreign groups — the Oman Business Network, the Traders Advocacy Group of Ghana, the Telangana Chambers of Commerce and Industry in Hyderabad, India, and the Indian Institute of Technology in Kanpur, India. Those partners will function as "matchmakers" of sorts to help identify other possible companies seeking to expand their operations into the United States, Chaffin said. If successful, the new initiative could help diversify a state economy long reliant on tourism, federal government spending and the oil and natural gas industries. Specifically, New Mexico ranked among the highest states in federal spending per capita as of 2021, due largely to having the nation's largest percentage of residents enrolled in Medicaid, according to the nonprofit USAFacts. Center to launch amid economic uncertainty State Economic Development Secretary Rob Black said a delegation of business leaders from India and Ghana will travel to Albuquerque for an official groundbreaking. That event is scheduled to take place next week. "We're excited about the future, and we're also excited about how we're going to get to that future," Black said Tuesday. But the new initiative will launch during a time of global economic uncertainty, after President Donald Trump announced tariffs on imports from other countries last month. Some of those tariffs have been pushed back as the Trump administration negotiates with foreign governments, but the trade war has generated concern about the possibility of higher prices for imported goods. Meanwhile, the NMexus Center will represent a new step for New Mexico, but does not appear to be unprecedented on a national level. The Virginia Beach International Incubator, for instance, helps foreign companies that "need space to grow their sales volume" before expanding local operations, according to its website. But state and local economic development officials said New Mexico is particularly well situated to benefit from such an initiative, given its equidistant location between California and the Gulf of Mexico. U.S. Rep. Melanie Stansbury, D-N.M., who also spoke at Tuesday's news conference in the Washington, D.C., area, described the new center as a promising development. "We are ready to bring international companies to employ our people," said Stansbury.
Yahoo
13-05-2025
- Business
- Yahoo
NM governor announces effort to attract foreign investment
Gov. Michelle Lujan Grisham gives her State of the State address on Jan 16. 2024 during the opening day of the legislative session. (Photo by Anna Padilla for Source NM) New Mexico's governor on Tuesday announced the creation of a center in Albuquerque that will help foreign companies relocate and invest in the state. Gov. Michelle Lujan Grisham said the NMexus Center, a global business accelerator, will assist companies with the costs of relocating to the U.S., including job training, human resources and legal issues. 'Don't think of it as a soft landing; think of it as more of a launch pad for investing and expanding businesses,' Lujan Grisham said during a news conference at the SelectUSA Investment Summit in National Harbor, Maryland, organized by the International Trade Administration, a government agency within the U.S. Department of Commerce. NMexus Center Executive Director Amar Vakil said at the news conference the accelerator will help businesses obtain work visas, identify customers and market their products. Seven companies have agreed to initially relocate to the accelerator, starting with a total of about 40 jobs in Albuquerque, Lujan Grisham said. The companies are from India and Oman and include Zonap Engineering India; Alligator Automations; DCirrus, Inc.; Supreme Technology; American Grain Corporation; Oliver Merino LLC; and Ardic, according to a news release published by the governor's office. Lujan Grisham said the goal is to create approximately 1,500 new jobs related to water, cybersecurity, energy and agriculture. In the news release, her office estimated the accelerator will have a total economic impact of $400 million. There will be a ribbon cutting ceremony in June, she said. NMexus will be located in Albuquerque's Mesa del Sol area, within the U.S. House of Representatives district represented by Democrat Rep. Melanie Stansbury, who said it will bring jobs back to the state. 'New Mexicans are strong, resilient, determined, creative and we are ready to bring international partners to employ our people and bring good-paying jobs back to the United States and back to my home state that I grew up and was born and raised in, and to my district,' Stansbury said at the news conference. The governor also announced partnerships with other foreign companies that are considered NMexus 'strategic partners': IIT Kanpur, the Telangana Chambers of Commerce and Industry, the Oman Business Network and the Traders Advocacy Group of Ghana. City of Albuquerque Economic Development Director Max Gruner said at the news conference NMexus will act as an 'infrastructure of welcome' for foreign companies to come to and stay in New Mexico. 'In New Mexico, in Albuquerque, we are writing the economy of the possible,' Gruner said. 'We are not guided by a nostalgia of a golden age long ago, we are navigating by a horizon of possibility, by a vision of a future where opportunity is abundant and resilient.' Center Executive Director Vakil said companies' path to the American success story 'runs through New Mexico.' 'New Mexico believes in taking risks, investing in partnerships and investing in global ambition,' Vakil said. 'These ambitions can be fast-tracked into a success story in the state of New Mexico.' SUBSCRIBE: GET THE MORNING HEADLINES DELIVERED TO YOUR INBOX
