Farmington Newswire

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Results 1 - 11 of 11 for "u:bizjournals.com" in Farmington, NM

  1. Westmoreland Coal to buy mine, supply power plant in NW New MexicoRead the original story w/Photo

    Friday May 1 | Business Journal

    Westmoreland Coal Co. says it plans to buy a coal mine near Farmington, New Mexico, and supply coal to the nearby San Juan Generating Station.

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  2. PRC decision on PNM's coal plant could come soonRead the original story w/Photo

    Thursday Apr 23 | Business Journal

    PNM's coal plant near Farmington, like the one pictured in this file photo, would continue to operate under a plan it has proposed to the state's Public Regulation Commission. New Mexico regulators are inching closer to a final decision on a plan by Public Service Company of New Mexico to replace part of an aging coal-fired plant with a mix of more coal, natural gas, nuclear and solar power, according to an Associated Press report at KOB .

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  3. 51 mayors sign on to ask governor to hold a special sessionRead the original story w/Photo

    Friday Apr 17 | Business Journal

    Rio Rancho Mayor Gregg Hull and 50 other mayors from across the state are now calling for the governor to call a special session. Rio Rancho Mayor Gregg Hull was hoping his city could get a new ambulance and replace four aging police cars this year.

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  4. Another NM credit union readies for a name changeRead the original story w/Photo

    Feb 20, 2015 | Business Journal

    U.S. New Mexico Federal Credit Union will change its name and designs in March, the credit union announced in its newsletter. U.S. New Mexico Federal Credit Union will change its name and designs in March, the credit union announced in its newsletter, according to a report in the Albuquerque Journal .

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  5. Vectra Bank offers live webcast of annual economic forecast breakfastRead the original story w/Photo

    Feb 2, 2015 | Business Journal

    To make its popular economic forecast available to more people in the state, Vectra Bank will be live streaming its 22nd annual Economic Forecast Update breakfast Wednesday morning. The event, being held in the Seawall Grand Ballroom at the Denver Center for the Performing Arts in downtown Denver, will be streamed here from 7:30 to 9 a.m. Wednesday.

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  6. NM legislator proposes state flat taxRead the original story w/Photo

    Jan 29, 2015 | Business Journal

    New Mexico state Sen. William Sharer says his proposed flat tax plan for the state would give New Mexico an extra $1.7 billion in revenue annually. New Mexico's tax system would get a radical overhaul under a bill proposed by a New Mexico lawmaker Wednesday, according to an Associated Press report on KOB .

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  7. PNM: $1 billion in recalcuations will be passed on to ratepayersRead the original story w/Photo

    Jan 14, 2015 | Business Journal

    Public Service Company of New Mexico told state regulators that its cost estimates for replacing the coal power it generates near Farmington have climbed $1 billion in the last year as the company corrected calculation errors. Public Service Company of New Mexico told state regulators that its cost estimates for replacing the coal power it generates near Farmington have climbed over $1 billion in the last year as the company corrected calculation errors, and it will have to pass those costs on to its ratepayers, according to a report in the Santa Fe New Mexican .

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  8. Critics: PNM using coal reduction expenses to pad revenuesRead the original story w/Photo

    Jan 6, 2015 | Business Journal

    Critics say PNM is proposing to spend too much ratepayer money on an upgrade at its coal-fired plant in Farmington plant as a way to pad future revenues. More than 200 people flocked to a regulatory meeting in Santa Fe Monday about Public Service Company of New Mexico's plan to shutter two of the four generating units at PNM's coal-fired plant near Farmington.

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  9. Crude oil production expected to slow in Farmington areaRead the original story w/Photo

    Jan 6, 2015 | Business Journal

    A state energy expert is predicting that oil production in the San Juan Basin in northwest New Mexico is likely to slow down, according to a report in the Farmington Daily Times . "The price of oil has set back the activity in the [San Juan Basin]," said Dan Fine , associate director of the New Mexico Energy Policy Center.

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  10. Vectra Bank opens new branch in CentennialRead the original story w/Photo

    Oct 29, 2014 | Business Journal

    Vectra Bank Colorado has opened a new 9,100 square-foot branch in Centennial to better serve the "explosive growth" in the southeast metro area, the bank said. The full-service branch at 6702 S. Potomac St. features both drive-up and ATM service, night drop, wealth management, business and commercial banking and residential lending.

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  11. Ten banks hold 70 percent of NM deposits, FDIC reportsRead the original story w/Photo

    Sep 30, 2014 | Business Journal

    Wells Fargo bank increased its dominance in New Mexico over the year, growing its deposit base by $926.3 million and its market share by 2.24 percent, according to new bank deposit figures from the Federal Deposit Insurance Corp. In New Mexico, 10 banks control 70.1 percent of all deposits, according to the FDIC. Wells Fargo bank increased its dominance in New Mexico over the year, growing its deposit base by $926.3 million and its market share by 2.24 percent, according to new bank deposit figures from the Federal Deposit Insurance Corp. Wells' deposits grew to $7.78 billion as of June 30, up from $6.86 billion the previous year.

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