Press release: Portales MainStreet program granted $10,000 from Xcel Energy Foundation

The Xcel Energy Foundation will be presenting the Portales MainStreet Program with a $10,000 Economic Sustainability grant on Friday, September 10, 2010 at 11:00am at the Portales City Hall, 100 West First Street, Portales. The monies will be used toward the Portales MainStreet Program’s projects and initiatives. The Xcel Energy Foundation offers grant opportunities in […]

Obama should take cue from Reagan

Freedom New Mexico On Aug. 13, 1981, President Ronald Reagan, at his modest hideaway in the hills overlooking Santa Barbara, Calif., signed into law perhaps the most aggressive tax cut in U.S. history. Friday marked the 29th anniversary of the signing of the Economic Recovery Tax Act of 1981 and should remind us, in a […]

MainStreet program receives recognition

Freedom New Mexico The Portales MainStreet Program received the Award for Overall Excellence in Economic Positioning at the New Mexico MainStreet 25th anniversary awards banquet Saturday in Albuquerque, according to a news release from the state Economic Development Department. “Portales was recognized for conducting a comprehensive series of activities that over time improved the community’s […]

Press release: Portales MainStreet wins award

The New Mexico MainStreet Program celebrated its 25th anniversary Saturday with an awards banquet in Albuquerque. The evening brought together representatives from all 23 New Mexico MainStreet communities, national MainStreet luminaries and various local leaders to honor the program’s silver anniversary. “New Mexico MainStreet has been a vital part of our economic development over the […]

Regulations won’t benefit economic recovery

Freedom New Mexico America’s jobless recovery was dealt another body slam Thursday when the Senate passed the financial “reform” bill. Also passed by the U.S. House last month, the bill is supposed to prevent another financial meltdown such as the one that struck the country in the fall of 2008. Sen. Christopher Dodd, D-Conn., chairman […]

Faith in government unfounded

By Tibor Machan: Freedom columnist Enthusiast for increasing government regulations of people in business, including those in the financial markets, never bother to answer the one basic question that any rational person would need to have answered before joining them as champions of their proposed remedies of our economic wows. This question is, “Why would […]

Their view: Denish touts rural economic development plan

Diane Denish, Democratic candidate for governor, has rolled out a small business and rural economic development plan aimed at creating jobs, according to her website, www.dianedenish.com Her plan is aimed at increasing access to capital, cutting administrative red tape and using technology to help small, rural businesses connect with helpful resources, she said. From her […]

Nobel prize justly awarded to pioneers

Freedom New Mexico With all the hoopla over the fellow who was awarded the Nobel Peace Prize, the prize in Economic Science for 2009 has received less attention than usual. The recipients, Elinor Ostrom of the University of Indiana and Oliver Williamson of the University of California-Berkeley, did pioneering and practical work in understanding how […]

Energy answers lie in shale beds

By Jim Constantopolous: Guest columnist As the United States begins to pull out of the worst economic crisis since the end of World War II, energy policy has taken on increasing importance. President Obama has called on Congress to pass legislation that would reduce America’s dependence on foreign oil. The administration is correct in doing […]

Growth committee proposes executive director hire

By Sharna Johnson: Freedom New Mexico An office for an executive director/planner for the Local Growth Management Committee will be in Portales if the committee is awarded a federal grant. The decision during a Tuesday meeting of the committee, made up of Clovis and Portales representatives, at Clovis City Hall. The committee is composed of […]

Agriculture land sales down

By Argen Duncan: PNT Senior Writer Much like the rest of the country, the market for agricultural land in eastern New Mexico is lagging, say local real estate agents. Charles Bennett of United Country Vista Nueva Inc. said during economic downturns, land quits selling. Bennett said when the market starts coming back, sales are so […]

State economic development secretary hails Sunland Inc. during visit

PNT Staff The chief of New Mexico’s Economic Development Department hailed the expansion of Sunland Inc. peanuts as a model for other cities across the state. Fred Mondragon’s remarks came Thursday while in Portales for a tour of the peanut processing plant and Eastern New Mexico University. Mondragon is secretary of the state economic development […]

Pizza chain among other businesses lured to Portales

By Argen Duncan: PNT senior writer What do you get when you combine dough, tomato sauce, cheese and pepperoni? Economic development. Well, pizza, too. Papa Murphy’s Take ‘N’ Bake Pizza is one of about 20 new businesses the Roosevelt County Community Development Corporation has helped locate in Portales since Greg Fisher took over as director […]

Economic development director sees progress in local economies

By Argen Duncan: PNT senior writer Although Roosevelt County felt national economic problems, the local economy also saw progress in the past year, said the Roosevelt County Community Development Corporation director. Director Greg Fisher told commissioners Tuesday that Portales, Clovis, Lubbock and Amarillo have some of the strongest economic indicators in the nation and show […]

Economic downturn affecting local dairies

kma8fd-75filedairycow.jpg

By Argen Duncan: PNT senior writer Six months after the drop in milk prices, Roosevelt and Curry county dairy owners are still trying to wait out the slump. In January, milk prices dropped to half of the prediction from six months before. On top of that, many dairymen are locked into high-priced feed contracts. “I […]

Obama inherited mess from Bush

Some may have noticed the profound conflicts President Obama must be having about whether to let justice take its course regarding the Bush presidency, or to let alleged crimes slide in the name of political expediency. This much is certain. Obama has inherited from Bush a generational economic crisis, an out-of-control budget, an awful jobs […]

Bracing for growth

kimybg-425doctorweb.jpg

By Argen Duncan: Freedom New Mexico The communities in Curry and Roosevelt counties are well positioned to take on growth, but will need to expand in health care, education and housing sectors, according to planners. Albuquerque-based Keystone International consultants are finishing the Local Growth Management Plan, which the Department of Defense Office of Economic Adjustment […]

City officials hope to see stimulus money

kgqknz-319us70web.jpg

By Argen Duncan: PNT senior writer Officials in Portales are hoping to see money from the federal economic stimulus package, but they don’t know exactly what they will get. The Reinvestment and Recovery Act, signed in February, appropriated money for a variety of things. “The purpose of the Reinvestment and Recovery Act is to stimulate […]

No fluff behind belly button article

By Karl Terry: Freedom New Mexico columnist With the economic news a bit on the gloomy side these days, I’ve been inspecting my navel a lot more as I’m sure you all have. Therefore I wasn’t surprised to see a story on belly button lint or fuzz on the newspaper Web page I was reading […]

No fluff behind belly button article

By Karl Terry: PNT columnist With the economic news a bit on the gloomy side these days, I’ve been inspecting my navel a lot more as I’m sure you all have. Therefore I wasn’t surprised to see a story on belly button lint or fuzz on the newspaper Web page I was reading earlier this […]