Business

Congressional Delegation On $60M From Inflation Reduction Act To Strengthen Water Security In Rio Grande Basin

Congressional News:

WASHINGTON, D.C. — U.S. Senators Martin Heinrich (D-N.M.), a member of the Senate Energy and Natural Resources Committee, and Ben Ray Luján (D-N.M.), and U.S. Representatives Teresa Leger Fernández (D-N.M.), Melanie Stansbury (D-N.M.), and Gabe Vasquez (D-N.M.) are announcing $60 million from the Inflation Reduction Act to help Doña Ana and Sierra County residents and farmers with drought mitigation and climate adaptation efforts, which will strengthen water security in the Rio Grande Basin. 

“New Mexicans are regularly seeing the effects of climate change and Read More

Meow Wolf To Open Location At HHLA In Los Angeles

Courtesy photo

CANNON TTM News:

LOS ANGELES — Cannon TTM, a real estate investment firm that owns and operates HHLA, has  confirmed Meow Wolf as HHLA’s newest tenant. The Santa Fe art collective will move into the current Cinemark space after extensive renovations and is scheduled to open in early 2026.

“We’re excited that one of the world’s most innovative and immersive entertainment experiences is coming to HHLA,” said Tyler Mateen, founder and CEO of Cannon TTM. “Meow Wolf is a cultural institution that will further solidify HHLA as a go-to destination in West Los Angeles.”

Meow Wolf was founded Read More

Regional Development Corporation Awards $145,978 From RDC Technology & Manufacturing (TEAM) Fund

RDC News:

The Regional Development Corporation (RDC) announces eight 2024 RDC Technology & Manufacturing (TEAM) Fund Awardees.

These eight businesses represent the growth of technology and manufacturing businesses in the RDC’s northern New Mexico region from a closed-loop climate-forward business to precision prototype machining, high-power capacitor assemblies fabrication, molecular biotechnology, brain health assessment technology, materials technology, hand-crafted premium distillery, and a small batch coffee roaster.

  • Broken Arrow Glass Recycling (Santa Fe County)
Read More

SALA Withdraws Application For County Funding

SALA Event Center owner Allan Saenz. Courtesy photo

By ALLAN SAENZ
Owner
SALA Event Center

Nearly a year after submitting a L.E.D.A (Local Economic Development Act) funding application to Los Alamos County for the Phase 2 development of SALA Event Center, I have made the difficult decision to withdraw from the process.

“My conclusion is that the hoped-for public-private partnership with Los Alamos County is not of serious enough interest to the County. We believed that there was a strong basis to partner on a project that would benefit both our business and the community. However, due to restrictive Read More

NMFO: Untitled Vince Gilligan Series Filming In New Mexico

NMFO News:

SANTA FE — New Mexico Film Office (NMFO) Director Amber Dodson announced Monday that an untitled Vince Gilligan project is filming in and around Albuquerque.

Gov. Michelle Lujan Grisham stated, “New Mexico has proven to be an excellent creative partner for Mr. Gilligan. I welcome him and Rhea Seehorn back to the state. We are committed to ensuring the success of any production this creative and talented ensemble brings to New Mexico.”

The production will employ more than 1,400 New Mexicans, including 500+ crew members, 100+ principal actors, and 800+ background talent.  

The series Read More

State Awards $3.4 Million In Competitive Funding To Seven New Mexico Companies In Inaugural Round Of Advanced Energy Award Pilot Program

Acting EDD Cabinet Secretary Mark Roper

EDD News:

ALBUQUERQUE — The New Mexico Economic Development Department (EDD), through its Office of Strategy, Science and Technology (OSST), has awarded $3.4 million in competitive grant funding to seven New Mexico companies in the inaugural round of the Advanced Energy Award Pilot Program.

First announced in September 2023, the New Mexico Advanced Energy Award Pilot Program is a competitive state-funded grant that awards non-dilutive funds to proposals in advanced energy innovation and commercialization from New Mexico companies developing Read More

From Field To Fork – New Mexico Needs Updated Farm Bill

By LARRY REAGAN
President
New Mexico Farm and Livestock Bureau

As a fourth-generation cattle rancher and president of the grassroots agriculture organization New Mexico Farm and Livestock Bureau, I can’t stress enough how vital it is that Congress swiftly pass a farm bill this year. I am not alone in this sentiment. In light of global disruptions to the supply chain and high inflation, the majority of Americans believe it is a national security priority to ensure we have a safe and abundant food supply, according to a recent American Farm Bureau Federation survey.

I have utilized several voluntary Read More

NMFO: Netflix Series ‘Pulse’ Filming In New Mexico

NMFO News:

SANTA FE—New Mexico Film Office Director Amber Dodson has announced that the Netflix series, “Pulse”, will be filming in and around Albuquerque through August.

The production will employ ore than 200 New Mexicans – 200 crew members and 30 background talent.

The series is set to star Willa Fitzgerald (“The Fall of the House of Usher”), Colin Woodell (“The Continental: From The World of John Wick”), Justina Machado (“The Horror of Dolores Roach”), Jack Bannon (“Pennyworth”), Jessie T. Usher (“Smile”), Chelsea Muirhead (“Warrior”), Daniela Nieves (“Vampire Academy”), and Jessy Read More

State Energy Efficiency Law Authorizes Rate Mechanism Separating Utility Revenue From Energy Sales, Supreme Court Rules

New Mexico Supreme Court New:

SANTA FE – The New Mexico Supreme Court ruled today that state law provides for a rate mechanism that fully decouples or separates a utility’s revenues from its total sales of electricity or natural gas as a way to encourage utilities to promote energy efficiency.

In a unanimous opinion, the state’s highest court annulled and vacated a Public Regulation Commission (PRC) order that the Efficient Use of Energy Act (EUEA) allowed for partial – but not full – revenue decoupling.

The justices analyzed state law and concluded “the Legislature has clearly expressed Read More

Los Alamos-based UbiQD Secures Financial Support From State Of New Mexico For Next Phase Of Expansion Into Advanced Energy Applications

UbiQD Founder and CEO Hunter McDaniel presents on stage at the NMAEA event Friday, May 3 in Albuquerque. Courtesy/UbiQD, Inc.

From left, NMEDD Director Nora Sackett of the Office of Strategy, Science and Technology with UbiQD Founder and CEO Hunter McDaniel and Chief Product Officer Matt Bergren on stage accepting their award at the NMAEA event Friday, May 3 in Albuquerque.

UbiQD News:

  • The quantum dot leader was selected to receive $615,000 for capital investments as part of the Advanced Energy Award Pilot Program and $307,000 for training 10 new hires from the Job Training Incentive Program
Read More
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