New Markets Tax Credit Coalition

Search
  • Albuquerque,
  • NM
  • (2024)

Vibrant Corporation

District: Melanie Stansbury (D-NM01)

A major investment project is driving industrial growth and employment in Albuquerque, NM

Investment

  • NMTC Amount: $499,999
  • Total Project Cost: $1,852,505

IMPACT

  • 53 FTE jobs
  • 25 jobs created and 27.5 jobs retained

CDEs

Project Description

Vibrant is a non-destructive testing technology company and has developed the only commercially viable approach for Process Compensated Resonance Testing – a method which vibrates objects to test their integrity.Advantage Capital led the company’s round which provided funding for the construction and deployment of additional testing systems.This investment also unlocked additional grant funding for Vibrant.

MAP

Address: 8440 Washington Street Northeast, Albuquerque, NM 87113

Missing information? Submit an update or correction.

Other New Mexico Projects

United Supermarkets – Albertsons
  • Carlsbad,
  • NM
  • (2018)
  • CDE(s): New Mexico Finance Authority, TruFund
NMTC financing was used to construct an Albertsons grocery store.
Learn more..
Homewise Albuquerque
  • Albuquerque,
  • NM
  • (2018)
  • CDE(s): Housing Partnership Network
NMTCs Help Families Get Energy-Efficient Homes in Santa Fe, N.M.
Learn more..
Bueno Foods
  • Albuquerque,
  • NM
  • (2021)
  • CDE(s): New Mexico Finance Authority
A food manufacturing plant expansion on in Albuquerque's South Valley, an economically depressed area of the City.
Learn more..
Homewise Albuquerque Revitalization Project and Silver Townhomes project
  • Albuquerque,
  • NM
  • (2021)
  • CDE(s): Housing Partnership Network
Homewise used NMTC financing to acquire and rehab 16 homes in the Barelas/South Broadway neighborhood in Albuquerque, NM.
Learn more..