Latest News
MVEDA Honored with Blueprint for Growth Award at the 2025 New Mexico Governor’s Economic Development Conference
The Mesilla Valley Economic Development Alliance (MVEDA), in partnership with the City of Las Cruces was recognized with the prestigious Blueprint for Growth Award at the 2025 New Mexico Governor’s Economic Development Conference for its innovative Pre-Speculative Industrial Development Program. This award highlights organizations that are redefining how communities attract investment, foster job creation, and build sustainable economic futures. The program was launched to overcome...
Project Jupiter IRB Approved: A Transformative Leap for the New Mexico Borderplex
In a landmark decision, the Doña Ana County Commission has approved up to $165 billion in Industrial Revenue Bonds (IRBs) to support Project Jupiter. This approval marks the first major step toward developing a new data center campus in Santa Teresa, New Mexico. IRBs are a New Mexico tax abatement tool that will be applied against the company’s investments in buildings, equipment, and site infrastructure, including a microgrid, to support the project. Project Jupiter is led by STACK...
STACK Infrastructure and BorderPlex Digital Announce Cumulative $56.9 Million in Water and Community Commitments for Doña Ana County Through Project Jupiter
Proposed commitments aim to strengthen long-term growth — creating jobs, expanding access to clean water, and improving public infrastructure across Doña Ana County Santa Teresa, New Mexico — September 15, 2025 — STACK Infrastructure (“STACK”), a leading global developer and operator of data centers, and BorderPlex Digital Assets (“BorderPlex”), a pioneer in growth infrastructure, today announced $56.9 million in new community commitments tied to their proposed Project Jupiter data center...
Canadian Manufacturer Eyes Las Cruces, New Mexico Borderplex, for First U.S. Facility
Endurance Technologies, Inc. (ETI), a Canadian steel processing and manufacturing company, is evaluating Las Cruces, within the New Mexico Borderplex, as the site of its first U.S. facility — a project that could bring dozens of new jobs and more than $50 million in economic impact to the state. Headquartered in Calgary, Alberta, Endurance Technologies is a steel processing and manufacturing company that services the oil and gas, agriculture, mining, forestry, and industrial industries. In...
Azumo and Cymmetrik Expand Strategic Partnership with New Mexico Borderplex Manufacturing Hub
The New Mexico Borderplex is once again proving itself as a hub for advanced technology and manufacturing. Azumo, Inc., a Chicago-based leader in reflective display and lightguide technologies, and Cymmetrik Group, a global provider of printing applications and value-added services, have announced an expanded strategic partnership that places Santa Teresa, New Mexico, at the center of their global operations. Under this new agreement, Cymmetrik will serve as Azumo’s global contract...
Fueling Growth in the NM Borderplex: Celebrating Louisiana Pepper Exchange’s Expansion!
We’re turning up the heat in Southern New Mexico with some exciting news—Louisiana Pepper Exchange is expanding in the NM Borderplex! This milestone was recently commemorated with a #NMBorderplex Closing Incentive check presentation, marking a major win for economic development in our region. This success story is more than just spicy headlines—it’s a powerful example of what happens when strong partnerships and smart incentives come together to fuel growth and innovation. Powered by...
thyssenkrupp Materials NA Expands Operations with New Facility in Santa Teresa, NM
thyssenkrupp Materials NA, a trusted leader in materials distribution and manufacturing solutions, is making a significant investment in its future with the expansion of operations in Santa Teresa, New Mexico. This move not only strengthens the company’s ability to serve power distribution customers across North America and Mexico but also enhances supply chain efficiency. Strengthening the Supply Chain and Creating Jobs Supported by the New Mexico Economic Development Department (EDD), this...
119 New Mexico workers stand to benefit from state job training funds
The New Mexico Economic Development Department (EDD) has announced its latest round of Job Training Incentive Program (JTIP) funding, approving $1.6 million to assist nine companies in training up to 119 employees and supporting workforce development across the state. Among the recipients, Franklin Mountain Packaging in Santa Teresa stands out, securing $701,117 to train 63 workers at an average wage of $20 per hour. Investing in Workforce Development The JTIP program plays a crucial role in...
German steel giant plans multimillion-dollar expansion in the Borderplex
The New Mexico Borderplex continues to emerge as a powerhouse for economic development and manufacturing, with German steel conglomerate thyssenkrupp Materials NA making a significant investment in the region. The company recently announced its expansion into Santa Teresa, bringing with it a multimillion-dollar investment and the promise of creating between 50 to 100 new jobs. Strategic Expansion to Santa Teresa James Patsakos, President of Manufacturing Services at thyssenkrupp Materials NA,...
New job training funds can assist up to 36 New Mexico Borderplex workers
The New Mexico Economic Development Department (EDD) is kicking off 2025 with a significant investment in workforce development. In January and February alone, approximately $5.4 million in job training awards were approved through EDD’s flagship Job Training Incentive Program (JTIP). These funds will support up to 170 new trainees and interns, as well as 51 current employees, bolstering job growth and economic expansion in the New Mexico Borderplex region. Investing in Local Talent “JTIP...
