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Albuquerque Business First
Amazon's Albuquerque presence increases again as it opens air cargo facility
Amazon's latest Albuquerque project got off the ground last week as the online retailer launched daily operations out of its air cargo facility at the Albuquerque International Sunport. Zoe Richmond, the field communications manager for Amazon in Arizona and New Mexico, said the cargo facility will allow the company to...
Anderson School dean hired as provost at University of Utah
In an email announcing her departure, Montoya said the decision to leave UNM was very difficult because "I believe deeply in the great work we are doing here at Anderson and in the community." THIS ARTICLE IS FOR SUBSCRIBERS ONLY. Continue reading with your subscription. Access 4 weeks of business...
Work on Sunport renovations set to begin in January
The three-phase, $85 million project to relocate the TSA and increase the concessions area is expected to wrap in December of 2024. New Mexico might be a majority-minority state but that doesn’t mean the need to create inclusive and equitable workplaces does not still exist. Celebrate the 2022 Diverse Business Leaders!
Albuquerque-based company lands patent for novel Alzheimer's technology
Alzheimer's Disease affects over 6 million elderly Americans and is often difficult to detect and effectively treat. A New Mexico company just landed a patent that proves its technology could help solve this problem. TNeuroPharma is a biomarker and therapeutic company based in Albuquerque. It's working on a new way...
$6.1M filing for Mesa del Sol project leads commercial permits issued last week in Albuquerque
The project at 5650 University Blvd. SE is estimated to be about 60,799 square feet and cost an estimated $6.1 million. New Mexico might be a majority-minority state but that doesn’t mean the need to create inclusive and equitable workplaces does not still exist. Celebrate the 2022 Diverse Business Leaders!
Albuquerque's REDW continues strategic expansion, adds to its presence in Arizona
REDW's Phoenix office is set to grow after merging with Edwards, Largay, Mihaylo & Co. PLC. New Mexico might be a majority-minority state but that doesn’t mean the need to create inclusive and equitable workplaces does not still exist. Celebrate the 2022 Diverse Business Leaders!
Cannabis country club in Albuquerque brings Better Homes & Gardens and High Times together
For the last two years, Rowland has transformed her five-acre, tree-lined property in northwest Albuquerque into Farm Flourish, a family-orientated cannabis country club. New Mexico might be a majority-minority state but that doesn’t mean the need to create inclusive and equitable workplaces does not still exist. Celebrate the 2022 Diverse Business Leaders!
Safety First: Southwestern Scale Achieves Milestone
Southwestern Scale Company Inc. (SWSCALE), a servicer, manufacturer, and provider of industrial and commercial-grade weighing scales, has been recognized as Arizona's newest SHARP-certified business. The Phoenix-headquartered operation is just one of 12 small businesses across the Grand Canyon State to be recognized with this prestigious certification, and only the seventh within the state's largest metropolitan area. SHARP (Safety & Health Achievement Recognition Program) was developed by the Occupational Safety and Health Administration (OSHA) to highlight businesses that operate under exemplary safety protocols and standards. OSHA, a regulatory agency of the United States Department of Labor, launched the consultation-funded program nationally in 1996, and targeted it toward businesses with less than 250 on-site employees, and fewer than 500 corporate-wide employees. The company recently held a ceremony at their corporate offices, where employees and invited guests basked in the glory of the historic moment. In attendance were representatives from the Arizona Division of Occupational Safety and Health (ADOSH), who formally presented the certification to Christopher Jannise, the company's Safety & Quality Compliance Manager. Jannise, who joined the organization in 2020, spearheaded efforts to accomplish this feat, while seemingly transforming SWSCALE's safety program overnight (the company saw a 50% drop in safety-related incidents between 2020 and 2021, even as personnel headcount increased, and additional vehicles were brought in). On the achievement, he remarked "This provides protection for our team members from all safety and health hazards and will allow us to continue building upon our reputation as an industry leader. It was no small effort to achieve this goal." CEO Roger Dumont made it clear that he believes leaders of all businesses should uphold a commitment to employee safety: "All of the members of the team, and their families and people that depend on them, are the most important aspects of any small or large company. It's the duty of the leadership of these companies to create a work environment that is safe." He believes that this moment is indicative of the efforts set forth by his own leadership: "Becoming SHARP-certified is a significant step for SWSCALE to fulfill this promise to everyone on our team." With the business rapidly approaching its 75th year in operation, it has certainly seen its share of defining moments. This one, however, puts employee wellness center stage, which is something Jannise set out to accomplish when he kicked-off the certification process more than a year ago: "My goal has always been to make sure that all of our employees go home the same way they came to work. Our employees are our greatest asset. Without them, there is no SWSCALE." More information on SHARP can be found at www.osha.gov/sharp. About Southwestern Scale Company Inc. Established in 1948, Southwestern Scale Company Inc. is the only full-service weighing scale company in the Southwestern United States. The locally owned and operated business, led by the second generation of ownership since inception, services, manufactures, and delivers a wealth of industrial and commercial-grade scales for any industry or operation. For more information about the company, visit swscale.com/about.
$1.5M filing leads commercial building permits issued in Albuquerque last week
The new building at 4800 Montgomery Blvd. NE is estimated to cost about $1.5 million. The work will be done by PM Design Group Inc. and Mapp LLC. 2022 Inno Under 25 Albuquerque Business First is looking for the most successful startup founders, entrepreneurs and those making waves in building the economy in New Mexico for our Inno Under 25 feature. This could be a person who has started or grown a young company or is quickly advancing and innovating at an established company or organization. The general theme around the publication will be innovation.
Executive director of Bilingual Strategies Language Institute wants to advance this concept
"Bilingualism was seen, and continues to be viewed in some regions, not as a characteristic of an educated individual, but as a characteristic of the poor and disadvantaged." 2022 Inno Under 25 Albuquerque Business First is looking for the most successful startup founders, entrepreneurs and those making waves in building the economy in New Mexico for our Inno Under 25 feature. This could be a person who has started or grown a young company or is quickly advancing and innovating at an established company or organization. The general theme around the publication will be innovation.
New Mexico awards nearly $3.4M in job training incentives for 22 companies
The money will help train 197 people and one intern. 2022 Inno Under 25 Albuquerque Business First is looking for the most successful startup founders, entrepreneurs and those making waves in building the economy in New Mexico for our Inno Under 25 feature. This could be a person who has started or grown a young company or is quickly advancing and innovating at an established company or organization. The general theme around the publication will be innovation.
Sandia Area Federal Credit Union names new CEO
Sandia Area Federal Credit Union has announced a leadership change, effective Dec. 1. 2022 Inno Under 25 Albuquerque Business First is looking for the most successful startup founders, entrepreneurs and those making waves in building the economy in New Mexico for our Inno Under 25 feature. This could be a person who has started or grown a young company or is quickly advancing and innovating at an established company or organization. The general theme around the publication will be innovation.
Here's what each of New Mexico’s cannabis licenses allows for
New Mexico's Cannabis Control Division had issued just over 1,000 licenses for cannabis businesses as of Aug. 29. But how each of those businesses operates under each license category can vary wildly. 2022 Inno Under 25. 2022 Inno Under 25 Albuquerque Business First is looking for the most successful startup...
Rio Rancho-based Nature's Toolbox hires first CFO
Rio Rancho-based life sciences company Nature’s Toolbox Inc. has hired its first chief financial officer. Yesim Roth will oversee all things financial for the bioinformatics/biomanufacturing company. Roth previously worked in finance roles for firms like Alchemy Ventures and CaBo Capital, according to a news release. With nearly 30 years of experience, she also worked with organizations throughout Turkey including Citibank and Turk Telekom.
Five months in, New Mexico has more dispensaries per capita than Colorado, Oregon
Testimony before a New Mexico legislative committee last week confirmed what many knew anecdotally: The Land of Enchantment has become home to a lot of cannabis dispensaries. Across New Mexico, dispensaries now outnumber Starbucks by a ratio of more than five-to-one. And with 476 approved retail premises in the state...
Santa Fe-based company acquired in deal valued at about $500M
A Santa Fe-based molecular design and modeling software firm has been acquired in a deal valued at about $500 million. Cadence Design Systems Inc. (NASDAQ: CDNS) announced in a news release on Thursday it has completed the acquisition of OpenEye Scientific Software Inc. The acquisition is expected to contribute immaterial...
First Hyundai, now a Belgium powerhouse, Pajarito Powder lands latest global investor
Albuquerque-based fuel cell catalyst maker Pajarito Powder has again caught the attention of a global player, this time out of Belgium. Bekaert, which specializes in steel wire and coating technologies, has contributed to the startup’s Series B investment round. It's the same fund that Hyundai Motor Co. made an investment in last year.
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