New Business Growth
Intercontinental Potash Corporation (ICP): A world-class potash find has been identified in Lea County. ICP has completed their environmental impact analysis. When at full scale operations, this mine could employ up to 400-450 full time employees.
United Airlines: Daily flights via United Airlines are available from the Lea County Regional Airport in Hobbs (HOB). These flights are within a 90 minute connection time of over 350 world-wide destinations. The county and airport management are currently exploring additional flight service options to Albuquerque and other westward locations.
Exelon/ Wild Cat Wind: Exelon and Wild Cat wind recently complete a wind turbine array in the Lovington area. The power will feed into Lea County Electric Cooperative’s power grid.
URENCO USA National Enrichment Facility: URENCO USA is a nuclear-related facility that enriches uranium to be used as fuel in nuclear power plants all over the world. URENCO employs approximately 350 employees and supports between 600-900 ongoing construction jobs.
SunEdison: SunEdison completed work on a 50MW photovoltaic solar deployment in Lea and Eddy Counties. Each of the 5 sites has a 10 MW solar array, with four sites in Lea County and one site in Eddy County. The solar arrays will generate enough energy to power more than 192,000 homes for a year. This project has put Lea County on the World’s solar map.
International Isotopes, Inc (INIS): INIS will build a Depleted Uranium Deconversion and Fluorine Extraction. Their products can be used in petroleum operations, photovoltaic solar cells, and refrigerant and aluminum production. This facility will employ between 125-150 full-time employees plus additional construction jobs.
Petroleum Industry Expansions: Due to advances in hydrofracking and horizontal drilling, the Permian Basin is experiencing a resurgence of petroleum activities. Several companies, including international manufacturers are exploring the potential of locating new or expanding existing facilities in the EnergyPlex.
New Housing Developments: Ledgestone Apartments, Western States Development, Windscape Apartment Expansion, Gold Creek Homes
New Hospitality and Retail:
Value Place Inn – (open)
Hilton Garden Inn – (open)
Starbucks #2 (open)
Rosa’s Cafe & Tortilla Factory – (open)
McDonald’s 3 – (open)
Jimmy John’s (open)
Dollar General 2 – (open)
Hibbett Sports (open)
Rue 21 (open)
There are also other hotel, retail and restaurant projects that are currently in the development stage or under construction but have not been announced yet.