Vibrant Corporation

New Markets Tax Credit Coalition

Albuquerque,
NM
(2024)

Vibrant Corporation

Manufacturing

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

Advantage Capital

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

Other New Mexico Projects

Leprino Foods Company

Roswell,
NM
(2018)

Business Development, Food Manufacturing, Grocery and Fresh Food, Manufacturing, Retail, Retail and Commercial, Rural

CDE(s): New Mexico Finance Authority

Financing for the construction of a new Albertsons Market at 808 N.

Navajo Tribal Utility Authority Electrical Substations

Shiprock,
NM
(2009)

Community, Targeted Populations

CDE(s): Travois

Financing for the construction of two electrical substations on the Navajo Nation Reservation

Parq Hotel

Albuquerque,
NM
(2010)

Business Development

CDE(s): New Mexico Finance Authority

Former hospital turned into a landmark status hotel, the Parq Hotel.

Zia Energy Group

Albuquerque,
NM
(2021)

Solar

CDE(s): New Mexico Finance Authority

Affordable Solar is looking to purchase an existing 3.522-acre site which already contains a noteworthy building of nearly 30,000 sq. ft. at 3900 Singer Boulevard NE.