Articles from Albuquerque Regional Economic Alliance

Interim Economic Development Leader Appointed Following National Search

Albuquerque, NM, Aug. 06, 2025 (GLOBE NEWSWIRE) -- The Albuquerque Regional Economic Alliance (AREA) is proud to announce that Chad Matheson, Interim President & CEO, has earned the prestigious Certified Economic Developer (CEcD) credential from the International Economic Development Council (IEDC). This nationally recognized certification is a hallmark of excellence within the economic development profession and signifies the highest level of competency and expertise in the field.

Delegates from public, private, and higher education entities will participate in the New Mexico Pavilion to create new connections and drive interest in the state’s bioscience industry

Albuquerque, NM, April 07, 2025 (GLOBE NEWSWIRE) -- To enhance greater Albuquerque’s standing as a premier hub for the Aerospace industry, the Albuquerque Regional Economic Alliance (AREA) is participating in the 40th annual Space Symposium April 7-11 in Colorado Springs, Colorado in conjunction with the New Mexico Economic Development Department, the New Mexico Partnership, and key industry and commercial real estate leaders like  NewSpace Nexus, Sandia National Laboratories, and Spaceport America.

Albuquerque, NM, Oct. 15, 2024 (GLOBE NEWSWIRE) -- The International Economic Development Council (IEDC) recognized Albuquerque Regional Economic Alliance (AREA) with two Excellence in Economic Development awards at its annual conference last month. AREA Received the Bronze Award in the Economic Development Organization (EDO) of the Year category for entities serving a population of 500,000 or more. In addition, AREA received the Bronze Award in the Multimedia Promotion category for its creative and collaborative 2024 AREA and CBRE Interactive Joint Talent Program. Additionally, AREA received additional recognition at the New Mexico Statewide Governor’s Conference on Economic Development, produced by New Mexico IDEA, the statewide economic development professionals association. The organization received the top award for its overall marketing program designed to promote a local community or region, as well as for its contribution to regional collaboration in the retention and expansion of Array Technologies.

Nearly 30 delegates will participate in the New Mexico Pavilion to create new connections and drive interest in the state’s bioscience industry

Albuquerque Regional Economic Alliance welcomes Spring Oaks Capital to the region following a competitive national site selection search

AREA becomes the first economic development organization in New Mexico to achieve this international level of recognition

Company plans to invest $95 million in Albuquerque facility, add 5 soundstages

Albuquerque, NM, Dec. 21, 2023 (GLOBE NEWSWIRE) -- Albuquerque Regional Economic Alliance (AREA) Senior Vice President Chad Matheson was recently named one of North America’s Top 50 Economic Developers of 2023 by Consultant Connect at their annual Economix Conference in Atlanta, GA. Matheson was recognized based on nominations from economic development professionals and site location consultants who rated nominees on excellent practices, innovation and success in building the communities they serve.

Albuquerque, NM, Oct. 13, 2023 (GLOBE NEWSWIRE) -- The Albuquerque Regional Economic Alliance (AREA) promoted the New Mexico bioscience industry, learned about the latest bioscience trends, and connected with companies interested in relocating or expanding their business in greater Albuquerque, at the Annual MedTech Conference, this week at the Anaheim Convention Center in Anaheim, CA.

State and city funds assist high-tech telescope and antenna company expansion to New Mexico

Albuquerque, NM, June 13, 2023 (GLOBE NEWSWIRE) -- The Albuquerque Regional Economic Alliance (AREA) is joining the New Mexico Partnership representing New Mexico at this week’s Global Energy Show, Exhibition and Conference.

Albuquerque Regional Economic Alliance and CBRE Albuquerque have again joined forces to deliver a new, updated and interactive online report featuring advantages for business in the market

Santa Ana Pueblo, NM, June 01, 2023 (GLOBE NEWSWIRE) -- The first, ground-up construction, full-size Tesla Sales, Service, and Delivery facility on tribal lands in the country opened today on the Pueblo of Santa Ana in New Mexico. The new Tesla facility is a 35,000 square-foot building, which houses a sales and delivery center, vehicle showroom, customer lounge, 19 service bays and a parts and storage area. The collaboration between Santa Ana and Tesla extends beyond the new facility and includes workforce training and STEAM-focused education outreach to local high schools.    

Albuquerque, NM, April 14, 2023 (GLOBE NEWSWIRE) -- Aligned with its mission to establish a national identity as a leading location for business investment, the Albuquerque Regional Economic Alliance (AREA) is attending the 38th annual Space Symposium in Colorado Springs, Colorado in partnership with the New Mexico Economic Development Department, the New Mexico Partnership, and local industry and commercial real estate leaders.

Albuquerque, NM, Dec. 05, 2022 (GLOBE NEWSWIRE) -- Today, the Albuquerque Regional Economic Alliance (AREA)  announced that Scott Powell has joined its staff as executive vice president. Scott will support and advance the execution of the recently adopted 5-year AREA 1.0 Strategic Plan, designed to establish a national identity that will attract businesses, jobs, and investment; attract, retain and align talent; and eliminate barriers to regional competitiveness.  

The largest all-electric vehicle company to have a presence on Santa Ana Tribal Lands