Today, Governor Susana Martinez announced that SolAero Technologies, a homegrown company, is moving manufacturing operations from California to Albuquerque, creating 100 new high-tech manufacturing jobs. This expansion will support One Web Satellites – a joint venture between the world’s second-largest space company, Airbus Defence and Space, and One Web – to bring satellite internet to every corner of the globe. The company cited the Governor’s economic reforms as a top reason for choosing New Mexico for their expansion.
“This is great news for New Mexico and another example of what’s possible when businesses know they’re welcome in New Mexico,” said Governor Susana Martinez. “New Mexico has become the place to do business because of our bold reforms and business friendly attitude over the last six years, and we have to continue building on that success.”
In the first phase of their project, SolAero will invest $10 million to overhaul 40,000 feet of their existing Albuquerque facility to create a vertically integrated solar panel manufacturing facility, creating 100 new high-tech manufacturing jobs.
Read more at KRWG….