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Dramatic improvements to New Mexico’s business climate have made Albuquerque an even better choice for companies considering expansion. Find out why we’re more competitive than ever.
Latest News
Castelion breaks ground on Project Ranger in Rio Rancho, creating 300 high-paying jobs
RIO RANCHO, N.M. ( NM EDD Press Release from 1/21/26) — Castelion, a defense technology company, today broke ground on a 1,000-acre manufacturing campus — known as Project Ranger — in Sandoval County, reinforcing New Mexico’s position at the forefront of defense...
Albuquerque Regional Economic Alliance Names Josh Parsons Board Chair and Chad Matheson Serves as Interim President and CEO
The Albuquerque Regional Economic Alliance (AREA) today announced its 2026 Board of Directors, welcoming a dynamic group of business and community leaders committed to driving economic growth and prosperity throughout the greater Albuquerque region. Josh Parsons,...
Space Infrastructure Startup Mantis Space Selects Albuquerque for Headquarters and Manufacturing Hub
From NM EDD...... Space Infrastructure Startup Mantis Space Selects Albuquerque for Headquarters and Manufacturing Hub Mantis Space’s facility will create more than 200 high-wage jobs and generate over $480 million in economic impact Kennesaw, GA, and Albuquerque, NM...
AREA Announces Recipients for the 2025 505 Awards
(Albuquerque) September 15, 2025 – The Albuquerque Regional Economic Alliance (AREA) has selected the honorees for the Seventh Annual 505 Awards and Dinner. The event recognizes organizations and individuals who are making exceptional contributions to the economic...
