Thursday, February 19, 2026
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Albuquerque

Tag: Economic Development

Blue Pony Energy to Build $1.6B Low-Carbon Fuels Plant in New Mexico

Blue Pony Energy is investing $1.6 billion to build a low-carbon fuels facility in Lovington, New Mexico, creating jobs and supporting the state’s clean energy goals. The project highlights how New Mexico is balancing economic growth with its push to cut emissions and reach net-zero by 2050.

New Mexico is considering expanding its R&D tax credit to attract more tech investment and create better-paying jobs.

New Mexico lawmakers are considering expanding a technology jobs R&D tax credit as the state competes for advanced energy, aerospace, and computing investment. HB 27 would revisit incentives that currently offer up to 5% of qualified R&D spending—10% in rural areas—according to an LFC assessment.

SB 177: What New Mexico’s tech-focused economic development bill would fund and why it matters

New Mexico’s Senate Bill 177 would move and appropriate state dollars toward tech-focused economic development, including innovation hubs, workforce programs, and matching funds tied to federal AI and quantum initiatives. Supporters say the measure is designed to turn lab and university research into businesses that stay in-state, while critics are expected to focus on scale and oversight.

What New Mexico’s SIC says its venture program is delivering

New Mexico's State Investment Council says its revamped Strategic Venture Capital Program has committed more than $1.8 billion to venture funds and is already tied to over $2 billion in in-state economic impact, as the agency highlights how a portion of its $71 billion sovereign wealth portfolio is being used to attract major projects to New Mexico.

CreativeCon Series Launches to Boost New Mexico’s Creative Economy

New Mexico is launching a statewide CreativeCon series in spring 2026 to support artists, entrepreneurs and creative business owners through education, networking and business development resources. The event series aims to strengthen the state’s creative economy, connect regional talent with state and local partners, and help creative professionals turn ideas into sustainable income streams.

Quantum Investment in Downtown Albuquerque Could Strengthen New Mexico’s Tech Economy

New state investment and private partnerships are positioning downtown Albuquerque as a potential hub for quantum innovation, with QuEra computing serving as the anchor tenant for a new public-supported quantum laboratory. The initiative aims to turn cutting-edge research into commercial companies and high-skill jobs in New Mexico’s growing technology sector.

TD’s Brew & BBQ Secures State Aid to Expand Lovington Operations, Add 16 Jobs

TD’s Brew & BBQ has received state economic development funding to expand its Lovington operations, create 16 new jobs, and bring production back to southeast New Mexico.

UNM Mathematicians Advocate for NSF and Math Research at MathSciOnTheHill

UNM mathematicians joined MathSciOnTheHill on Capitol Hill to advocate for federal math funding and gain a firsthand look at how research funding decisions are made.

Pipe Manufacturer Endurance Technologies to Open First U.S. Facility in New Mexico

Canadian pipe manufacturer Endurance Technologies is set to open its first U.S. facility in Las Cruces, New Mexico, creating 43 jobs and investing $18.6 million over the next three years. The move supports the state’s broader push to attract manufacturing and diversify its economy.