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Rio Rancho expands Stolar Research facility plans
Stolar Research Corporation, a high tech maker of radio imaging gear, will expand from Raton to Rio Rancho. The $4 million, 23,500 square foot facility on Innovation Way near NM 528 US 550 will employ at least 25 people with a $1.5 million annual payroll. Local firms will design and build, with construction and related infrastructure expected to exceed $4.3 million in impact and a $375,300 indirect payroll impact, supporting about 5.8 jobs. The project includes Innovation Partners LLC leasing the building after construction.
MENTIONED IN THIS ARTICLE
Rio Rancho
Stolar Research Corporation
Raton
Stolar
Rio Rancho Construction and Architecture Firms
Innovation Way
NM 528
US 550
Financial
Amrep Southwest
Quantum Road
Innovation Partners LLC
Innovation Partners