Post Time:Oct 24,2018Classify:Industry NewsView:1104
High-tech manufacturing company, 3D Glass Solutions, will invest more than $23 million during the next five years to expand its headquarters operations campus in Albuquerque, New Mexico. The company plans to create up to 139 new high-wage, high-tech manufacturing and technology jobs.
The expansion is being supported by New Mexico's closing fund, LEDA, as well as the Job Training Incentive Program, JTIP. The New Mexico Economic Development Department will invest up to $2 million in Local Economic Development Act funds in the expansion. Bernalillo County will act as the fiscal agent for the LEDA award.
“We would like to thank Governor Martinez, Secretary Geisel, Bernalillo County, and all of their respective staff for their support as we look to take the next critical step in the expansion of our Company,” said Mark Popovich, CEO & President of 3D Glass Solutions. “We are very excited about our new product offerings, our increasing customer order backlog, and the need to expand into a larger manufacturing facility in Albuquerque. Our team looks forward to continue collaborating with the State of New Mexico to create new job opportunities that will significantly benefit our community.”
“We're proud to see another world-class technology company expand in New Mexico as we continue to grow our thriving science and technology sector,” said Governor Susana Martinez. “Since 2011, we've created and expanded economic development tools to help our homegrown companies thrive and the results we are seeing are incredible, homegrown companies are expanding and paying high wages to our talented workforce.”
“Accelerating the growth of high-tech businesses through our economic development toolbox is a top priority in diversifying our economy and creating high-wage jobs for our state,” said Economic Development Cabinet Secretary Matt Geisel. “The Company’s history from NM Tech to world-class technology business shows how our business-friendly reforms drive positive outcomes for our homegrown companies. 3D Glass Solutions is a true economic success story and I am thrilled to see them continue to grow and thrive here in New Mexico.”
According to state officials, 3DGS has attracted a strong and growing domestic and international customer base, which has drawn foreign investment to the state. Their technology solutions enable a cost-effective, high volume production of value-added electronic packages and devices which enable the next generation of products in radio-frequency electronics and photonics used in automotive radar, aerospace, defense, cellular handsets and towers, and integrated circuit electronics markets.
“3D Glass Solutions’ announcement today that it is growing in Albuquerque reflects the culture of high-tech innovation that exists in our community,” said Roberta Cooper Ramo, Chair of Albuquerque Economic Development, Inc. “3D Glass is investing in local talent and paying high wages, giving New Mexico residents attractive career opportunities. The company plays an important role in advancing our high-tech manufacturing sector, and we look forward to watching its continued success as 3D Glass Solutions expands domestically and internationally.”
Source: http://www.areadevelopment.com/Author: shangyi