The [BUSINESS] Paper.

Tesla Opens Sales Center On Nambe Pueblo

Tesla Facility Is First-Of-Its-Kind Partnership With a Sovereign Pueblo

On Thursday Tesla announced the opening of a sales, service and delivery center on the Nambe Pueblo, a first-of-its-kind partnership between the electric car manufacturer and a sovereign pueblo. Tesla’s new facility is located in a refitted and formerly defunct casino. Political leaders across New Mexico have praised the partnership. In an official statement, Governor…

NM-Based Pizza Company Expands Nationwide

WisePies Pizza Now In 1500 Grocery Stores Around the Country

WiseChoice Foods LLC, the manufacturer of the frozen pizza brand WisePies Pizza and a certified minority-owned and female-led company based in Albuquerque, N.M., announced today an ongoing distribution partnership for seven WisePies Pizza items with Wal-Mart Stores, Inc, the world’s largest company by revenue and largest private employer. With the addition of…

Rent in ABQ Increases Almost Twice the National Average

Rent Continues To Rise Despite Slow Pandemic Recovery

The housing market is still hot in Albuquerque and is showing no signs of slowing down. According to Dwellsy, a rental information and search service, since the beginning of 2021, rent has increased 18 percent in Albuquerque. This is almost double the nationwide increase of 9.6 percent in rent. To put…

City Gets $1.8 Million Grant For Minority-Owned Business Center

The City of Albuquerque has been awarded a $1.875 million grant from the U.S. Department of Commerce Minority Business Development Agency (MBDA) to support the New Mexico MBDA Business Center. The center is located in Albuquerque and operated through the City’s Economic Development Department. The grant funding will help with center…

Construction Begins On Bright Green’s $300 Million Cannabis Research Facility

Bright Green Facility Will Be The Most Advanced In North America

On Tuesday, one of the nation’s largest cannabis research and manufacturing facilities broke ground on what the company says is the most state-of-the-art cannabis research facility in North America. Located in Grants, the facility will be part of a $300 million investment by Bright Green Corp. and the state of New…

Millions Available In Native Recovery Grants

New Mexico Foundation Offers Opportunities For Youth, Water Resilience and More

The disparities Native Americans face become much more visible in crisis times. Disparity of opportunities, discrimination and lack of access to financing are just some of the obstacles they face, and to succeed requires resilience, strength and endurance. Recovery Fund Zone grants of up to $5.5 million will be made available…

Navajo Company Takes Over Operation Of Coal Mine It Owns

FARMINGTON, N.M. (AP) — A Navajo Nation company is taking over the operation of a coal mine it owns in northwestern New Mexico. The Navajo Transitional Energy Co. has owned the Navajo Mine since 2013 but had contracted with a subsidiary of the North American Coal Corp. to run it. Clark…

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