New Mexico Sees $7.9 Billion in Projects Under Construction

December 8, 2023--Researched by Industrial Info Resources (Sugar Land, Texas)--New Mexico, the second-largest oil producer in the U.S., has a great deal more than just oil activity in its industrial landscape. The state's projects show a variety of sectors and industries that are actively underway with construction, including the Industrial Manufacturing, Power and Metals & Minerals industries. Industrial Info is tracking more than $7.9 billion worth of projects under construction in the state.

A project from Intel Corporation (NASDAQ:INTC) (Santa Clara, California) accounts for more than $3 billion of the state's current project spending. Other companies featured: Meta Platforms Incorporated (NASDAQ:META), Enlight Renewable Energy (NASDAQ:ENLT)