This week's issue: An investment in the future

Scottsdale, Arizona-based Garrett Development Corp. started development on a new facility for one of Albuquerque's few homegrown, publicly traded companies, Array Technologies, at the end of October. The $65 million facility will be ready for move in by Nov. 1, 2025. Jessica Lawrence-Vaca, Array's chief commercial officer, told Albuquerque Business First finding the right site - coupled with Garrett's and other partners' willingness to put together this deal - contributed to the company's decision to ultimately stay in New Mexico. Inno reporter Molly Callaghan brings you the behind-the-deal details. | READ MORE

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Here's what you'll need to know as you head into the weekend:

• There's been a recent run of restaurant closures, from Downtown to Nob Hill. Real estate reporter Cooper Metts tells you who has closed their doors. | READ MORE
• There's a new place to whet your whistle at Ladera Golf Course. New Mexico News Fund Fellow Brody Foster fills you in on the new cantina. | READ MORE
• Meet the newest member of the ABF team. Leah March is a recent St. John's graduate and will be our general assignment reporter, with a focus on Las Cruces and Santa Fe. Tips can be emailed to her at [email protected] . Learn more about Leah here. | READ MORE

Coming up from Albuquerque Business First

Events:

• Nov. 7: 2025 Economic Outlook
• Dec. 5: Business of Outdoor Recreation and Tourism

Lists :

• Nov. 8: Casinos/Meeting Spaces/Festivals/Events
• Nov. 15: Banks and SBA Lenders
• Dec. 6: Oil & Gas Producers
• Dec. 13: New Mexico Restaurants

Note: If you would like your business to be considered for any upcoming Lists, please email your contact information to Jayme Sileo at [email protected] .

Nominations :

• New Mexico Inno - Startups to Watch 2025 (deadline Nov. 22, 2024)
• 2025 Women of Influence Awards (deadline Dec. 13, 2024)
• 2025 Jennifer Riordan Woman of Influence Community Impact Award (deadline Dec. 13, 2024)

Our newsletter is curated by Albuquerque Business First's Managing Editor Wende Schwingendorf BA, MFA . If you have tips you'd like our reporters to check out, please reach out to her at [email protected] .