Archive for Economic Development

Wind Technology Training Coming To Moriarty

by John Weckerle

Residents of the Estancia Valley and the surrounding area will soon have the opportunity to receive specialized training in the area of wind energy technology, according to a recent press release issued by Mesalands Community College in Tucumcari.

The program comes as a cooperative effort between Mesalands, the Estancia Valley Economic Development Association, the City of Moriarty, and the New Mexico Workforce Connection of Central New Mexico.  According to Nroth American Wind Research and Training Center Director Jim Morgan “This pilot project provides the essential technical courses needed to assist students in obtaining a wind industry job and in turn supply area wind farms with wind energy technicians that will already have basic knowledge of the industry.”  Courses will cover safety issues, and will include subjects such as basic electricity, mechanics, hydraulics, and turbine safety.  Classes for the 8-week training program will be held in Moriarty, and some training will take place at the NAWRTC, including climbing the college’s 1.5 megawatt wind turbine.  Students who successfully complete the program will receive an Occupational Certificate in Basic Wind Energy Technology.

Those interested in applying should contact the New Mexico Workforce Connection of Central New Mexico at 832-6774.

According to the Mesalands wind energy technology program web site, the college also offers an Associate of Applied Science degree in Wind Energy Technology, as well as customized training programs.  Completion of the NAWRTC facility is scheduled for September 2010, and Mesalands has already installed a 1.5 MW General Electric wind turbine.

Senator Visits Estancia Valley, Discusses Jobs, Health Care Reform

by John Weckerle

New Mexico Senator Jeff Bingaman and Local Elected Officials

New Mexico Senator Jeff Bingaman and Local Elected Officials

Last Wednesday, New Mexico’s senior Senator, Jeff Bingaman, addressed the Estancia Valley Economic Development Association (EVEDA) and local officials from the Valley’s communities.  Mr. Bingaman discussed two high-priority issues, job creation and health care reform.

On job creation, Senator Bingaman discussed two bills already passed: the American Recovery and Reinvestment Act (ARRA) and the recently passed jobs bill, commonly known as the HIRE Act.  According to Mr. Bingaman, the State of New Mexico recently estimated that it has been awarded $4.3 billion in ARRA funds.  According to the map application at the Recovery.gov site, some of that, perhaps $3 million or more, has made it into the NM-Central.com coverage area.   Mr. Bingaman highlighted the HIRE act as well, noting its provision for a payroll tax exemption for employers hiring new employees who have been out of work more than 60 days.  The HIRE Act also purportedly increases the amount of equipment small businesses can write off in a single year (as opposed to depreciating it over multiple years) from $125,000 to $250,000.  Mr. Bingaman expressed a hope of passing a new bill for clean energy projects.  He also made mention of the new solar equipment manufacturing plant to be built in Rio Rancho, which may employ as many as 1,500 people by 2014. »» Senator Visits Estancia Valley, Discusses Jobs, Health Care Reform

Public Service Announcement: Regional Small Business Forum

The City of Moriarty, in cooperation with its chamber of commerce and the towns of Edgewood and Estancia, will hold a regional small business forum on Tuesday, January 25 beginning at 1 p.m. at the Moriarty Civic Center.  For more information, see the City of Moriarty announcement.

Public Service Announcement – Credit Workshop

The New Mexico Small Business Development Center at  the Albuquerque South Valley SBDC will be holding a credit workshop on May 26, 2009 from 1:00 to 3:00 p.m.  For more information, see the full announcement.

Small Business Economic Stimulus Workshop

by John Weckerle

The NM Economic Development Department, the Estancia Valley Economic Development Association, and the Edgewood Chamber of Commerce are co-sponsoring a Business Finance & Labor Workshop at the Edgewood Middle School this Thursday, April 9, from 4:00 to 7:30 p.m.  State elected officials and other guests will speak early in the program, and then representatives of the NMEDD and other State programs, U.S. Small Business Administration,  and regional microlenders will provide information on their programs.  The presenters will be available for one-on-one meetings with business owners and other individuals interested in obtaining more information and/or applying for the benefits of their various programs.  This will be an excellent opportunity to learn more about available funding and obtain some information on the effect of economic stimulus provisions on loan programs.

EVEDA has also provided us with a copy of the New Mexico Congressional delegation’s Resource Guide to the American Recovery and Reinvestment Act of 2009.  We’ve reduced the file size so that you can download the file and look it over.  This is a 45-page document providing a comprehensive look at the provisions of the Act.  If you are interested in the stimulus package and/or the opportunities it may afford, we recommend giving it a look over and attending Thursday’s meeting.