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Multiple programs boost local economic opportunity - Rio Rancho Observer


Multiple programs boost local economic opportunity
From left, U.S. Sen. Ben Ray Lujan, U.S. Sen. Martin Heinrich and N.M. Gov. Michelle Lujan Grisham listen to the remarks of Keyvan Esfarjani, Intel senior vice president and general manager of Manufacturing and Operations, during the announcement of Intel’s $3.5 million in its Rio Rancho plant Monday. Gary Herron photo.
Work to bolster the economy was the main focus at the Thursday morning NAIOP Rio Rancho Roundtable virtual session.
Sparked by the May 3 news that Intel was investing $3.5 billion into its sprawling Rio Rancho campus, and bringing 700 new high-tech jobs and 1,000 construction jobs, creating new jobs and training a workforce were among the topics. ....

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Intel NM achieves stable niche in tech innovation


The Intel plant in Rio Rancho. (Jim Thompson/Journal)
ALBUQUERQUE, N.M. Intel Corp.’s Rio Rancho campus is bustling with activity thanks to the chip makers’ local focus on building new, innovative technologies that support the company’s evolving global operations.
The company hired another 82 people at its New Mexico plant in 2020, growing its local workforce beyond 1,800 employees, according to the company’s annual report to Sandoval County, released Monday morning. That caps a three-year turnaround at the Rio Rancho campus, where the workforce has expanded by 64% after bottoming out at about 1,100 people in 2017.
The local site had been steadily shedding jobs since 2013, when it employed about 3,300 people, as major investments in new chip-making technology went to other U.S. sites and Intel plants overseas, rather than New Mexico. ....

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