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I was nervous at the start of last week about this edition.
Filling a business journal during Thanksgiving week can seem like a daunting task. The holiday pushes our deadline up a day for most stories, and it can be difficult to reach people who take holiday time off.
But there was no need to be nervous. There was plenty of business news in Albuquerque last week, with much of it focused on the city's technology-based companies.
Some of the stories in this edition include a report on Maxeon Solar Technologies leasing a former Honeywell building in northeast Albuquerque. Over a year ago, Maxeon announced it would build a massive manufacturing facility for its solar energy products. The company hasn't broken ground and pushed back its projected timelines for its planned Mesa del Sol facility. For the last year we've been watching the company's stock drop and restructuring in the company.
Ebon Solar, another solar energy company planning to build a manufacturing facility in Albuquerque, is pushing back its plans to launch in Albuquerque, partly because of site readiness issues, something economic development experts have long said make Albuquerque and New Mexico less competitive than other markets.
Meanwhile, Rocket Lab, which has a large presence in Albuquerque, launched two rockets into space from different hemispheres within a 24-hour period, which space experts said is a major milestone that makes the company very competitive in the space industry.
BlueHalo, a defense company with a large presence at the Sandia Science & Technology Park, was acquired by another defense contractor based out of Virginia.
Rio Rancho is on the verge of becoming the largest packaging facility of advanced semiconductor chips in the country. The U.S. Department of Commerce announced last week announced it will send $500 million to Intel to refit and reopen its Fab 9 and Fabs 11 and 11X in Rio Rancho.
The money is part of a larger $8 billion investment the country is making in Intel so it can boost domestic production of semiconductor chips, which are needed in normal household appliances and more advanced tools in laboratories.
The local investment is expected to create 1,800 manufacturing jobs and 2,500 construction jobs.
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Those were just some of the stories that we included in this week's edition.
My anxiety over not having enough business to fill this section was completely unnecessary, to say the least.
