Twenty-five teams participating in a record-breaking, two-day membership campaign by the Greater Albuquerque Chamber of Commerce netted 145 new businesses, which paid a total of $132,000 to join the organization.
About 100 business leaders participated by serving on teams headed by a captain, with the teams placed into one of seven groups led by a chair.
The chairs were Tom Antram of French Funerals & Cremations; Bill Cordova of Eli Lilly; Jed Fanning of US Bank; Del Esparza of Esparza Advertising; Pat Vincent-Collawn of PNM Resources; Meg Meister of Modrall Sperling; Dave Seely of Kirtland Federal Credit Union; and Cynthia Reinhart of KPMG.
Patrick Apodaca of PNM, a member of a team in the Sky Blue Group chaired by Vincent-Collawn, set a national record securing $15,000 in membership investment with only three new members.
Partnering with the chamber was Your Chamber Connection, the nation’s top chamber membership development organization.
Interstate Auto to shut in Tucumcari
TUCUMCARI – Interstate Automotive plans to close its dealership in Tucumcari, employees said Friday.
The service department finished the projects it was working on and left on Monday, said Joey Haas, a sales associate.
Haas said the notice of closure from corporate representatives came last week, though there has been no official closing date set.
Interstate Automotive, formerly Brian Urlacher Cross Country Auto Sales, employed 13 people – six in the service department, five sales associates and two business office associates.
Interstate Automotive is the last franchise dealership in Tucumcari after Hamilton Big Country Ford closed its doors in February 2010.
Lululemon stock given downgrade
Citing uncertainty at Lululemon Athletica Inc., an analyst downgraded the company’s stock in the wake of last month’s recall of too-sheer yoga pants and the departure of its chief product officer, who leaves her post April 15.
The move prompted RBC Capital Markets to downgrade the Canadian firm’s stock to “sector perform” from “outperform.”
Fisker said ready to lay off workers
DETROIT – A person briefed on the matter says electric car maker Fisker Automotive was to lay off a large number of workers at its California headquarters on Friday.
The Anaheim-based company has struggled with financial and production problems, and its co-founder resigned last month. In March, Fisker furloughed its staff of about 220 for one week. At one time the company employed about 600 workers.
The person briefed on the layoffs says they were to have be effective at 8 p.m. Pacific time but didn’t say how many there would be.
Fisker makes the $100,000 Karma, a plug-in hybrid sports car. It’s sold about 1,800 of them but stopped production last year. Fisker has received $193 million in U.S. government loans.