Rio Rancho company gets state, local funds to aid expansion - Albuquerque Journal

Rio Rancho company gets state, local funds to aid expansion

Rio Rancho-based Deluxe Design is getting help from state and local officials to aid in its manufacturing expansion and hiring of more employees.

The state is earmarking $250,000 in Local Economic Development Act funds, while the City of Rio Rancho and Sandoval County are pledging $75,000 each, according to a news release from the state’s Economic Development Department.

Deluxe Design, a company that specializes in design services and screen printing, is expected to invest $5 million in the expansion.

“It is only with LEDA that this project can move forward successfully,” Deluxe Design Vice President Norman Ruth said. “The assistance from the city, county, and state is giving us this opportunity to thrive and grow. … We are very fortunate and thankful that EDD recognizes this and is offering this support.”

For Deluxe Design, which began in 1986 out of the garage of Norman Ruth and Sandy Ruth – the company’s president – the expansion includes a new 2.5-acre property at 3646 NM 528 in Rio Rancho that will allow for the company to double its manufacturing and office space. The building itself comes in at 24,000 square feet.

The company said the funds will help with accommodating new production equipment, the development of new products and streamlining of workflows, according to the department.

The expansion will also include the addition of 30 new employees over a five-year period, moving Deluxe Design from 24 employees to 54.

The City of Rio Rancho will act as the fiscal agent for the funds and the city’s contribution is still pending review and approval from the governing body. Once approved, the assistance will be paid out in phases as Deluxe Design reaches economic development and job-hiring benchmarks.

“It is fantastic to see a great home-grown Rio Rancho company deepen its roots and create quality jobs with this expansion,” Rio Rancho Mayor Gregg Hull said. “I applaud Sandy and Norman and the Deluxe Design team for building a best-in-class industry leader right here in Rio Rancho.”

Home » ABQnews Seeker » Rio Rancho company gets state, local funds to aid expansion


Albuquerque Journal and its reporters are committed to telling the stories of our community.

• Do you have a question you want someone to try to answer for you? Do you have a bright spot you want to share?
   We want to hear from you. Please email yourstory@abqjournal.com

taboola desktop

1
NM expands help with filling court forms
ABQnews Seeker
Court-scribe program helps people understand and ... Court-scribe program helps people understand and complete documents
2
He faces 33 years in prison for raping a ...
ABQnews Seeker
A man who is facing up ... A man who is facing up to 33 years in prison after being convicted of raping a child has cut off the GPS monitor ...
3
NMSU basketball player involved in fatal shooting suspended from ...
ABQnews Seeker
New Mexico State Aggie basketball player ... New Mexico State Aggie basketball player Mike Peake has been suspended indefinitely for his involvement in the Nov. 19 fatal shooting on the University ...
4
Some retired educators are, slowly, returning to classrooms.
ABQnews Seeker
New Mexico's plan to entice retired ... New Mexico's plan to entice retired educators to come back to the classroom is working — even if only by a little. As of ...
5
Speaker Brian Egolf resigns from PRC nominating panel, ending ...
ABQnews Seeker
Outgoing House Speaker Brian Egolf has ... Outgoing House Speaker Brian Egolf has avoided an ethics hearing by resigning from the state nominating committee he had appointed himself to earlier this ...
6
Father earns life sentence in toddler’s death
ABQnews Seeker
Fatal injuries to a 2-year-old boy ... Fatal injuries to a 2-year-old boy in 2018 resulted in a sentence of life in prison for the child's father, who was convicted by ...
7
Under PNM's new rate case, utility plans to charge ...
ABQnews Seeker
Public Service Co. of New Mexico's ... Public Service Co. of New Mexico's residential customers would pay just 75 cents extra per month if state regulators approve a proposed rate increase ...
8
An APD officer's law enforcement certificate was revoked in ...
ABQnews Seeker
The officer had been fired in ... The officer had been fired in May 2021, and another officer who was involved was fired but has been reinstated
9
BioPark welcomes first-ever penguin hatchling
ABQnews Seeker
Love is in the frosty air ... Love is in the frosty air at the ABQ BioPark Zoo's Penguin Chill exhibit, where the first ever penguin chick hatched last month. In ...