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Archive for the ‘News’ Category

09
Jun

Albuquerque Journal
By ABQ Journal News Staff
PUBLISHED: June 8, 2017

RIO RANCHO — The Sandoval Economic Alliance has hired an economic development official from Wisconsin as its new president and CEO.

The new president, Steve Jenkins, is a certified economic developer with more than

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40 years of experience, according to a news release from the Economic Alliance. He most recently served as president of the Fond du Lac County, Wisc., Economic Development Corporation.

Jenkins replaces Jami Grindatto, who announced his resignation earlier this spring.

Jenkins also has worked in Kansas, Texas, Missouri, Colorado, Louisiana and North Carolina. He holds a business degree from the University of Tennessee – Knoxville, according to the release. He is a member of the International Economic Development Council, where he serves on the certification committee, the International Asset Management Council and the World Future Society.

“Rio Rancho and Sandoval County sit in the midst of a growing metro with exceptional business assets and a focus on the future. Working with SEA’s public and private partners to bring new levels of prosperity will be my top priority,” Jenkins said in the release.

Jenkins will start July 17.

“We are thrilled to welcome Steve to our community and to see where he takes the organization in collaboration with Rio Rancho, and Sandoval County,” stated SEA Chair-elect Angela Ward.

The organization was created in 2014, with contributions from Sandoval County and the city of Rio Rancho, to promote business opportunities in the area.

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09
Jun

Rio Rancho Observer
By Antonio Sanchez, Reporter
PUBLISHED: June 8, 2017

The president of a Wisconsin-based economic development corporation will be the new head of the Sandoval Economic Alliance.

SEA announced Steve Jenkins as its new president and CEO on Thursday. Jenkins will begin his position on July 17. Jami Grindatto, SEA’s former president and CEO, is stepping step down after three years with SEA to re-enter the private business sector with his wife.

“It is an honor to join the exceptional staff of SEA,” Jenkins said. “Rio Rancho and Sandoval County sit in the midst of a growing metro with exceptional business assets and a focus on the future. Working with SEA’s public and private partners to bring new levels of prosperity will be my top priority.”

Jenkins is the president of the Fond du Lac County Economic Development Corporation, where his nearly five-and-a-half year tenure will end June 30. Jenkins previously was the vice president of GO Topeka Economic Development from 2008-11, and the vice president of business development for the Corpus Christi Economic Development Corporation.

Jenkins serves on the certification committee of the International Economic Development Council and is also a member of the International Asset Management Council and the World Future Society.

In the alliance’s statement, SEA chair-elect Angela Ward thanked Grindatto for his work as the alliance’s CEO and said she was delighted with the hiring of Jenkins.

“We are thrilled to welcome Steve to our community and to see where he takes the organization in collaboration with Rio Rancho and Sandoval County,” he said.

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08
Jun

Albuquerque Business First
By Rachel Sapin, Reporter
PUBLISHED: June 8, 2017

The Sandoval Economic Alliance has named Steve Jenkins to replace Jami Grindatto as its new CEO and president.

“It is an honor to join the exceptional staff of SEA,” said Jenkins in a statement Thursday. “Rio Rancho and Sandoval County sit in the midst of a growing metro with exceptional business assets and a focus on the future. Working with SEA’s public and private partners to bring new levels of prosperity will be my top priority.”

Jenkins is a certified economic developer with more than 40 years of experience, according to Fond du Lac County Economic Development Corp. website in Wisconsin where he is listed as the president. According to a statement from the SEA, Jenkins has also worked in economic development leadership positions in Kansas, Texas, Missouri, Colorado, Louisiana and North Carolina.

Jenkins’ first official day on the job will be July 17, following his introduction to the community at SEA’s annual gala on July 15, according to the economic development organization.

“I’m delighted that we have completed the selection process for hiring the next Sandoval Economic Alliance CEO,” said SEA Chair Elect Angela Ward in a statement. “We are thrilled to welcome Steve to our community and to see where he takes the organization. We are fortunate to have had Jami Grindatto to get SEA where it is today. SEA will be part of his legacy as Jami has left a significant footprint on our community,”

Grindatto, the outgoing SEA president and CEO, presented his resignation to the SEA board of directors in March. His last day with the organization will be June 30.

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20
May

Albuquerque Business First
By Candace Beeke, Publisher
PUBLISHED: May 20, 2017

I was part of the Economic Forum audience that heard Gov. Susana Martinez speak Wednesday, and there’s much that frustrates me right now in our state and economy.

Construction isn’t one of those things, so let’s talk about that.

As Bradbury Stamm CEO Cynthia Schultz told our readers earlier this year, New Mexico is seeing perhaps the largest amount of major construction in its history. That’s something to celebrate, and below are three New Mexicans who are part of that growth.

To help you follow the growth, Albuquerque Business First launched a new tool to highlight major projects, Construction Watch. This interactive online map allows readers to scroll over the metro Albuquerque area and see what’s breaking ground. We update it every week, so come back often and watch New Mexico grow.

1. Larry Chavez, owner and founder, Dreamstyle Remodeling. I think Chavez shocked everyone when he came forward as the new $10 million donor taking the naming rights of the football and basketball facilities at the University of New Mexico, where basketball arena naming rights were previously held by WisePies. In exchange for the gift, UNM will rename the athletic facilities Dreamstyle Arena and Dreamstyle Stadium. It’s the largest gift to UNM Athletics in the school’s history. Of the $10 million total, $9 million will be given to athletics over the span of the agreement and $1 million will be split among UNM Children’s Hospital, The Anderson School of Management and Popejoy Hall. Chavez’s Albuquerque-based company focuses on specialty residential projects and grossed $51 million in 2016, moving it up one spot on ABF’s new 2017 List of general contractors.

2. Tom Novak, CEO, Klinger Constructors LLC. Novak’s company also moved up on this year’s List of general contractors, significantly so — from 10th to fourth. Spurred by massive new projects, including Hotel Chaco and Sunport Healthcare Center, Klinger reported $71.2 million in 2016 gross billings. Named an ABF Top CEO in 2009, Novak chairs the Sandoval Economic Alliance and serves on NDI’s corporate council.

3. Alexandra Pulliam, marketing director, Enterprise Builders Corp. Pulliam recently was named an ABF 40 Under Forty and, after reading her accomplishments, it’s no wonder why. Pulliam is the youngest shareholder at the company, has received Associated Builders & Contractors Member of the Year, serves on the board of Commercial Real Estate Women and has been a part of the committee for Presbyterian Foundation’s Laughter is the Best Medicine for three years. She also helps Enterprise hold steady as the seventh-largest general contractor in the state, under the direction of President David Doyle.

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19
May

Albuquerque Journal
By ABQJournal News Staff
Friday, May 19th, 2017

ALBUQUERQUE, N.M. — New Mexico State University’s Camp Innoventure is coming to Rio Rancho.The camp is a week-long experience in innovative thinking and entrepreneurial development for middle school students and is being offered through a partnership the Sandoval Economic Alliance.

The camp is a week-long experience in innovative thinking and entrepreneurial development for middle school students and is being offered through a partnership the Sandoval Economic Alliance.The free camp will be 12:30 p.m. – 3:30 p.m. June 19-24 at the UNM West campus in Rio Rancho.

The free camp will be 12:30 p.m. – 3:30 p.m. June 19-24 at the UNM West campus in Rio Rancho.Parents need to complete a fee

Parents need to complete a fee form waiver before the first day. Registration is open at enventbrite.com and at the Arrowhead Center website. Space is limited to 12 students, so early registration is encouraged.

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09
May

The Santa Fe New Mexican
By Staff
PUBLISHED: May 9, 2017

Sandoval Economic Alliance to host business workshops

The Sandoval Economic Alliance will host two educational workshops to help businesses learn about workforce, incentives and tax credits, financing and real estate. These free events will be held in Cuba, N.M., and in Bernalillo. Both sessions will feature a workshop followed by an open house, with subject matter experts available from the New Mexico Department of Workforce Solutions, U.S. Department of Agriculture, Realty One of New Mexico, the Small Business Development Center, the New Mexico Economic Development Department and the New Mexico Finance Authority.

“We recognize and appreciate the importance of existing business as a main source of economic stability in our community and are committed to providing support for continued vitality and growth of local businesses,” said Dianne Maes, director of business development for Sandoval County.

Attendees can expect to learn all about New Mexico incentive programs, the difference between rural and urban incentives, incentives vs. tax credits, tax credit training, industry-specific tax credits, financing programs available, resources for attracting talent, real estate best practices, and additional tools available. Light refreshments will be provided.

The first session is set for 10 a.m. to 1 p.m. May 24 at the Sandoval County Fairgrounds, 37 Rodeo Road in Cuba. The second is 10 a.m. to 1 p.m. June 5 at El Zocalo, 264 S. Camino Del Pueblo in Bernalillo.

To sign up, visit sandovaleconomicalliance.org/workshops or call 505-891-4305.

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24
Apr

Rio Rancho Observer
By Stephen Montoya, Observer staff writer
PUBLISHED: Apr 24, 2017

From a hard hat to the board room, Tom Novak uses his years of experience to make decisions for his company and to aid the economic development of a community.

Novak, CEO of Klinger Constructors, said he has seen the ebb and flow of the construction business since joining Klinger in 1982.

“Construction goes through a lot of cycles, and there have been times where Klinger could be a lot bigger than what we are, but we’ve always been very purposeful about our growth,” Novak said.

This year, Klinger Constructors has 120 full-time employees that all specialize in private construction, he said.

“Our company’s focus is in-state,” Novak said. “We look primarily for work in Albuquerque, Rio Rancho and Santa Fe.”

Klinger is currently wrapping up a $48 million project called Hotel Chaco in the Downtown area of Albuquerque, scheduled to open this month, he said.

“It’s probably going to be an iconic building … with a lot of unique elements that we added in the construction design,” Novak said.

Although Klinger Constructors is located in Albuquerque, Novak said over 20 percent of Klinger’s business is conducted in the Rio Rancho area.

“Rio Rancho has a lot going for it…I think it’s a great community that has some unique things to offer to businesses,” Novak said. “It was great motivation for me to see the county and the city hook up with the SEA (Sandoval Economic Alliance) partnership.”

On top of his duties at this multi-million dollar company, Novak, who has been a member of the SEA board since its inception in 2014, is the current SEA chairman, a position he has held for over a year now.

“Klinger’s values have always been to stay involved in the community,” Novak said. “It is important as a leader at Klinger to become active in charitable organizations and economic development groups because of how important they are to our surrounding areas.”

With SEA’s CEO Jami Grindatto announcing he will be stepping down soon, Novak’s role as chairman of the SEA board will have a pivotal role in finding Grindatto’s replacement.

Just two weeks ago, SEA Director of Marketing and Communications Tiffany Avery sent out a press release announcing Grindatto’s plans to step down from his role as CEO and enter into the private work sector.

Grindatto’s announcement was made with a stipulation that he will remain for 90 days until the SEA board has a chance to find a suitable replacement.

“You don’t always look for change, but when change comes than it’s an opportunity to say, ‘Hey, how do we get somebody like this that may have other qualities that make them better,’” Novak said.

Finding someone who can continue Grindatto’s ideas while also contributing a fresh outlook of their own is essential for the position, he said.

“It’s not even to say Jami’s not making the mark, It’s just there’s a benchmark there now and the goal is to get somebody as good or better,” Novak said. “I think as a group we’ll see the cream rise to the top.”

Novak said interested parties in the CEO position have to have their resumes in by April 30 to be considered.

 

 

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21
Apr

Albuquerque Business First
By Rachel Sapin, Reporter
PUBLISHED: Apr 21, 2017

Sandoval County has gained 111 jobs in manufacturing this year, according to data from the Sandoval Economic Alliance.

Amfabsteel Inc. and Phat Steel Inc., two separate but connected manufacturing companies, added 63 jobs, Horizon AG Products added 10 positions as well as Walatowa Timber. And a company that Tiffany Avery, director of marketing and communications with Sandoval Economic Alliance, said would like to remain anonymous is currently hiring for 28 manufacturing jobs.

In an interview with Albuquerque Business First, Jami Grindatto, who will step down as CEO of the Sandoval Economic Alliance at the end of June, said in the past few years the county has attempted to diversify its workforce to account for jobs shrinking at companies like Intel where automation requires fewer on-site employees.

Manufacturing jobs in Sandoval County have been growing since 2012, according to data collected by Burning Glass Technologies Labor Insights. In 2012, the county had 51 manufacturing positions, and by 2016, that number increased to 181 jobs.

Since 2012, the job category with the most jobs in the county has been in healthcare and social assistance, and those jobs have also been growing. In 2012, the data showed Sandoval County had 429 jobs in health care and social assistance. In 2016, the county had 1,195 jobs.

Amfabsteel had $35 million in sales in 2016 while Phat Steel had $2.5 million. Amfab received $608,868 from New Mexico’s Job Training Incentive Program this year to train employees and Phat Steel received $168,374 from JTIP for its employees.

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20
Apr

Albuquerque Business First
By Rachel Sapin, Reporter
PUBLISHED: Jan 20, 2017

Amfabsteel Inc. and Phat Steel Inc., two separate but connected manufacturing companies, announced Friday they are adding 63 jobs in Bernalillo.
Amfabsteel, a structural steel fabrication and manufacturing company, will be adding 43 jobs. Phat Steel, a miscellaneous steel fabrication and manufacturing company, will be adding 20 jobs.Denice Tally,

Denice Tally, special projects manager with Amfab, said both companies are taking applications for the following positions: project manager, estimator, steel detailer, estimator, IT tech, quality control, structural steel fabricator, forklift operator and shop assistant.

Amfabsteel and Phat Steel President and Managing Partner Mark Mosher said in a statement the companies will be using state incentives to more than double the size of both companies. Amfab will use $608,868 from New Mexico’s Job Training Incentive Program this year to train employees and Phat Steel will use $168,374 from JTIP for its employees. The companies will also be using a state incentive known as the Workforce Innovation and Opportunity Act.

Bob Preble, director of business development at Sandoval Economic Alliance, lauded the expansion in a statement.
“Homegrown businesses like Amfabsteel and Phat Steel bolster our local economy by investing in growing their workforce locally,” Preble said.
Amfabsteel had $35 million in sales in 2016 while Phat Steel had $2.5 million.

Established in 1984, Amfabsteel Inc. employs 59 people and has more than 30,000 square feet of facilities. Established in 2006, Phat Steel Inc. employs 14 people and has more than 10,000 square feet of facilities.

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