Intel, a world leader in the design and manufacturing of essential technologies that power the cloud, plans to expand its workforce in Rio Rancho, New Mexico. The company expects to add 300 employees in 2019 with the expansion of its manufacturing complex.
The state’s largest manufacturing company and since opening the Rio Rancho facility in 1980, Intel has invested more than $16 billion in New Mexico. Intel employs about 1,200 in Rio Rancho with many highly skilled technicians, production managers, and engineers.
"The Rio Rancho site continues to be an important part of Intel’s global manufacturing network, and is manufacturing semiconductor products that are critical to Intel’s ability to secure, power and connect billions of devices and the infrastructure of the smart, connected world," said Intel Rio Rancho Site Manager, Katie Prouty.
"The decision by Intel to grow its workforce in Rio Rancho represents yet another significant positive investment being made in a New Mexico community and its workforce in recent weeks," said Governor Michelle Lujan Grisham. "My administration's business-friendly posture has paid dividends already, and will continue to build momentum as we diversify and expand our economy to include greater incentives for New Mexicans to either stay here and work or return home from elsewhere."
Cabinet Secretary Alicia J. Keyes of the Economic Development Department said the Intel announcement comes on the heels of decisions by both Union Pacific to expand in Santa Teresa and Virgin Galactic to move 100 employees to Spaceport America as it prepares for commercial space launches. "Businesses are seeing the advantages of New Mexico, our workforce, our climate, and our strong incentives," said Keyes. "This is good news as we work to diversify our economy and provide better jobs all across the state."