Vibrant Corp

Investment

  • NMTC Amount: $3,350,000
  • Total Project Cost: $3,350,000

IMPACT

  • 87 FTE jobs
  • 63 jobs created and 23.5 jobs retained.

Project Description

Vibrant Corporation (“Vibrant”) is an Albuquerque, NM based company commercializing Process Compensated Resonance Testing (“PCRT”) technology: a method of non-destructive testing that uses vibrations to test the integrity of objects. Vibrant operates a “testing as a service” model: the company manufacturers the testing hardware in-house and leases it out to customer facilities. This project provided the company with funds needed to fund the construction and deployment of additional testing units.

MAP

Address: 8916 Adams Street NE, Albuquerque, NM 87113

Census Tract: 35001003736

Other New Mexico Projects

Homewise used NMTC financing to acquire and rehab 16 homes in the Barelas/South Broadway neighborhood in Albuquerque, NM.
Former hospital turned into a landmark status hotel, the Parq Hotel.
Financing for Continental Divide Electric, serving 24,088 consumers living in Bernalillo, Cibola, McKinley, Sandoval and Valencia counties.
Sunland Park looks to increase tourism with new sports complex, entertainment district