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Lavu abandons Downtown digs

Copyright © 2021 Albuquerque Journal Lavu Inc. vacated its luxury suite Downtown this week for a much smaller Uptown space after facing financial difficulties in the pandemic. The company’s new 3,000-square-foot office is nearly six times smaller than the 17,700-square-foot space it previously leased at the U.S. Eagle Building next to Albuquerque’s Central Plaza. It moved into that Downtown space only two years ago, backed by state approval of up to $270,000 in Local Economic Development Act funding and much fanfare by local officials celebrating the success of the homegrown technology startup. ...................... But the pandemic has severely cut into company revenues since March, leading to a major reduction in staff, which conflicts with its LEDA funding, plus difficulties paying its monthly rent Downtown.

United statesJacquelyn turcichTom thorpeBruce krasnowSaleem khatriEconomic development departmentAlbuquerque plaza office investmentLavu incEconomic developmentBernalillo county second judicial district courtDowntown albuquerqueLocal economic development actBernalillo countySecond judicial district courtஒன்றுபட்டது மாநிலங்களில்டோம் தோர்ப்

State focuses on rebuilding industry, jobs » Albuquerque Journal

.... .... .... .... .... .... .... .... .... .... .... .... .... .... .... .... .... .... When the Great Recession ended in 2009, it took the United States five years to regain lost jobs. In New Mexico, recovery took twice that long, with the state surpassing its pre-recession employment levels just before the COVID-19 pandemic brought the economy to a halt. It was a lost decade of job growth that stalled upward mobility for workers and families and forced college graduates – New Mexico’s future – to leave the state for opportunities elsewhere. The reason it took twice as long to recover: New Mexico’s answer to tight budgets was to cut economic development investments in the LEDA fund to almost zero and to suppress funding to New Mexico’s longest and best-rated workforce training program, the Job Training Incentive Program (JTIP).

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Looking back on an unprecedented year | Roswell Daily Record

Copyright © 2021 Roswell Daily Record 1 of 3 Carli Hansell, Goddard High School family and consumer science teacher, carries a Chromebook for a GHS student to the family’s vehicle during an August drive-thru registration at the school. Roswell Independent School District provided students with Chromebooks to aid in online learning for the 2020-21 school year. (Juno Ogle Photo) Megan Colby, left, trauma coordinator at Eastern New Mexico Medical Center, gives a COVID-19 vaccine to medical/surgical unit nurse Janice Gonzales. ENMMC and Lovelace Regional Medical Center began administering the vaccine to their front-line staffs Dec. 16. (Submitted Photo) Peggy Seskey hands a Roswell UFO Festival apron to Gioia Cover as she, Anne Cover and Timothy Cover, all of Justin, Texas, check out the festival merchandise booth on the lawn of the Chaves County Courthouse. With many 2020 UFO Festival activities canceled or moved online due to the pandemic, much smaller than usual crowds were in

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Netflix deal hurts New Mexico finances

Netflix deal hurts New Mexico finances
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Air Center hangar could break ground in May | Roswell Daily Record

Navy decides not to hold training here in early 2021 The Roswell Air Center staff had some progress on its latest hangar project to share, but also some disappointing news regarding military pilot training for early 2021. Western LLC, the developer of the planned wide-body hangar at the Air Center, is working with the city of Roswell on the ground lease for the Air Center property at the same time it is negotiating the sublease with the tenant, Ascent Aviation Services of Arizona, said Western president Brad Henderson. He talked about the project during a Thursday meeting of the City of Roswell Airport Advisory Commission.

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