Login for full access to ABQJournal.com
 
Remember Me for a Month
Recover lost username/password
Register for username

New users: Subscribe here


Close

 Print  Email this pageEmail   Comments   Share   Tweet   + 1

Incentives help support 55 jobs

The state’s Job Training Incentive Program board has approved $732,157 to support creation of 55 new jobs including positions at a startup company that plans to make solar-powered, unmanned aerial vehicles in Moriarty.

Titan Aerospace, formed a year ago, is developing a solar-powered High Altitude Long Endurance UAV called the SOLARA 40 that could be capable of flying on its own for several years. The board approved $141,390 to support seven jobs. The company declined to discuss its plans in more detail on Wednesday.

“Encouraging manufacturing-based business is important for the state’s economy,” said Economic Development Secretary Jon Barela.

Other JTIP recipients were:

JackRabbit Systems Inc., which makes gallery management software and provides online travel services, received $120,279 to support seven jobs.

Y-Fab in Albuquerque, a company that provides fabrication of Fiberglass Reinforced Plastic, carbon steel and stainless steel piping spools, received $185,874 for 10 jobs.

Martinez and Sons Processing in Las Vegas, N.M., a commercial meat processing operation, received $72,362 to support 11 jobs.

P4Q USA in Albuquerque, which manufactures products including solar-tracking controllers, received $59,212 for 10 jobs.

National Water Services Inc. in Santa Fe, which installs purified-water vending systems, received $6,544 to support one job, and PureColor Inc. in Albuquerque, which develops coatings for sustainable wood finishes, received $7,100 to support one job.

TriLumina Corp. in Albuquerque, which makes semiconductor lasers, received $85,084 to support two jobs. Santa Fe Brewing Co. received $23,971 to support three jobs.

N.M. Wineries in Deming received $9,720 to support one job, and HT MicroAnalytical in Albuquerque, which makes microfabricated switches, received $20,620 to support one job.
— This article appeared on page B1 of the Albuquerque Journal


Comments

Note: Readers can use their Facebook identity for online comments or can use Hotmail, Yahoo or AOL accounts via the "Comment using" pulldown menu. You may send a news tip or an anonymous comment directly to the reporter, click here.

More in Business, Business Insider
PRC to review gas pipeline extension policies

Natural-gas stations, fleet conversions hinge on availability of fuel supply

Close