News Articles
Shiprock will soon see the long-awaited hotel that tribal government says will bring economic growth to the Navajo Nation’s largest town.A groundbreaking took place Thursday near the Wells Fargo Bank off U.S. Highway 491 where the 85-room hotel will stand.Notable tribal figures attended including Navajo Nation President Buu Nygren, Navajo...
U.S. Department of Agriculture (USDA) Deputy Secretary Xochitl Torres Small today announced that USDA is investing in 116 projects across the nation to expand access to a clean and reliable electric grid, safe drinking water, and good-paying jobs for people in rural and Tribal communities. Part of the funding announced...
As a seasoned professional, you know that the true power of leadership lies in recognizing the potential within your team and creating an environment that allows them to demonstrate leadership themselves. However, too many leaders forget this and default into focusing on immediate outcomes rather than nurturing future leaders. The...
Lately, securing financing for large-scale development projects has become increasingly complicated and nuanced. Executives looking to expand facilities or select new locations must navigate myriad challenges, from volatile capital markets to stringent investor expectations.That’s because in 2023, capital markets encountered disruptions reminiscent of the 2008 global financial crisis. The Federal...
When you grow a plant from seed, you can't afford to miss a step. You must plant it at the correct depth, in proper soil, and give it the right amount of water and sun. Do everything right, and it will grow and flourish. Fail, and it will as well.Your...
Opportunity Arises in the Great Outdoors
Sep 30 2024A look into the nation’s outdoor recreation industry reveals a sector experiencing robust growth as nationwide participation reaches new heights.According to recent data released by the Outdoor Satellite Account and the U.S. Department of Commerce’s Bureau of Economic Analysis (BEA), the outdoor recreation economy produced $1.1 trillion in economic output...
Twelve New Mexico companies were awarded job training funds through the Job Training Incentive Program in the September 2024 monthly round of funding, announced New Mexico Economic Development Department Cabinet Secretary Rob Black. September funding could assist up to 177 New Mexico workers.Jobs approved in September will have an average...
The potential for new, good-paying jobs from investing in a clean energy ecosystem has long been highlighted by proponents of expanding clean energy in America. John Kerry, President Biden’s former Envoy for Climate, famously predicted the energy transition would be the “new industrial revolution.”While clean energy production and related industries...
Quality of Life: Does Your State Make the Cut?
Sep 30 2024Ask 10 location experts what their top quality of life ingredient is, and you’ll likely get about 10 different answers. Most would agree that housing costs and availability, education options, cultural amenities and commute times are high on their list, but it varies from person to person.Personal finance company WalletHub...
North America has plenty of rare earth minerals, including neodymium and praseodymium, which are critical to electric vehicle (EV) mobility. Australia-based American Rare Earths Inc. said in early 2024, for example, that it found 2.34 billion metric tons in southeastern Wyoming, 64% more than it thought was there in 2023.Huge...
A Welcomed Catalyst for Innovation
Sep 30 2024"In my opinion, the value of an innovation district comes from the ability to congregate, connect and collaborate,” says Wexford Science & Technology Executive Vice President Thomas Osha. “And that requires the space to do so.”Innovation districts — or, as Osha dubs them, “knowledge communities” — are a vital way...
New Mexico can do it.The state can incentivize and create policies that allow for development-ready sites and majorly support economic development in New Mexico.These are the sentiments of Danielle Casey, president and CEO of the Albuquerque Regional Economic Alliance, or AREA. For months, she's voiced concern over the lack of...
Empowering Out-State Communities: Economic Development Strategies to Compete with Urban Areas
Sep 23 2024Ah... the glitz and glamor of city life. The Hollywood-glamorized hustle and bustle, big dreams in a big city, fabulous encounters, one-of-a-kind experiences, amenities to die for... It's the stuff of movies and dreamers. But peek behind the curtain, and you'll find that urban life isn't all it's cracked up...
SOUTHWESTArizona Public ServicePhoenix, ArizonaKelly Patton, Economic Development Managerwww.aps.comCorporate facility investment: $13.2 billionJobs created: 3,000Population & Territory: 2.7 million across 11 of the Arizona’s 15 countiesHighlights: In 2023, APS Economic Development partnered with Next Move Group to provide tools for communities to address multifaceted economic development needs such as prospecting, talent...
Finding the perfect hire for a senior executive position can take months of searching and interviewing — but that's only half the battle.Without an effective onboarding strategy, you may end up repeating your search in 12-18 months. Whether you let them go for failing to hit their target or they...
The Four Corners Freight Rail Study Team conducted a public meeting Wednesday at the Farmington Civic Center, 200 W. Arrington. The public voiced strong opinions in favor and in opposition to the project, which crosses mostly Navajo land.A crowd of around 80 gathered for the Freight Rail Study meeting, conducted...
The airport in your community provides valuable services that are often overlooked. In addition to providing a runway, fuel, and a building, airports can be a hub of economic activity. It is an economic asset with the potential to produce revenue and services for the community.General Aviation FactsGenerates over $150...
Power Provision Is Just the Beginning
Sep 2 2024Each year, via data gathered from an annual questionnaire in addition to our staff’s own research into utilities with active economic development departments, Site Selection recognizes the Top Utilities in economic development based on corporate end-user project activity in their regions.With a few exceptions, job creation totals are down this...
“Space for Earth – Space for All” has been announced as the theme for the STEMarts Lab International Design Challenge, which will be open for submissions to classrooms with students ages 14-20 and requires a drawing that envisions ways space, science and technology can enhance life on Earth.STEMarts Lab is...
An Amazon warehouse is being constructed at 106 S. Browning Parkway in Farmington, but the only mention of Amazon in the 44-page plan is a mock-up of an Amazon sign.The 41,250-square-foot facility is named Project Lobo, and it sits on more than 16 acres. There will be three areas within...
Downtown isn’t just for cities, urban areas or song lyrics anymore. In the realm of economic development, the concept of a "downtown" has become a focal point for communities of all sizes. Far from being limited to major urban centers, downtowns play a significant role in fostering economic growth, cultural...
The Center for Student Careers and Employment at San Juan College has always been around to assist students in job readiness, but it’s the High Demand Work Study program that has given back to the community while also providing students with experience.Last fall, the Career Center received $1 million through...
The Outdoor Recreation Division (ORD) of the New Mexico Economic Development Department (EDD) announces the fifth and final round of FY24 Trails+ Grant recipients to support the growth of New Mexico’s outdoor recreation (OR) workforce and expand equitable access to the outdoors.Awards total $3,203,489 to 17 recipients ranging from $25,000...
Broadband conference promotes collaboration in providing stronger internet for Navajo Nation
Jun 29 2024A regional Broadband Future Conference, organized by Four Corners Economic Development and the Alliance for Navajo Broadband, was held to promote collaboration in providing stronger internet services for the Navajo Nation.The full-day event, which was held Tuesday at San Juan College’s Henderson Fine Arts Center, featured speakers from broad-ranging agencies,...